Mixed-Use Event and Hospitality
New
For Sale
$4,525,000
400 County Road 3821, San Antonio, TX 78253
Event, lodging, dormitory, and recreational facilities occupy part of a two-parcel property with creek access.
Property Size22,515 SF
Lot Size89.71 Acres
Price / SF$200.98
Days on Market4
Property Features for 400 County Road 3821
General Information
Standard status
Active
Size
22,515 SF
Lot size
89.71 Acres
Property subtype
Multi-Use
Zoning
OCL
Additional Details
Utilities to Site
Yes
Land Use
master planned community, data center event, hospitality, retreat, religious, recreational
Amenities
commercial kitchen
locker rooms
covered outdoor event space
concession bays
swimming pools
basketball court
playground
Building Details
Year Built
2007
Listing Agency:
Uriah Real Estate Organization
(830) 600-5263
Listed By:
Uri Uriah · License #9002555
(210) 315-8885
Source:
Pioneerrealtypartners
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 5:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Uriah Real Estate Organization
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two parcels totaling 89.71 acres combine event, lodging, residential, and recreational improvements. The 30-acre improved parcel includes an 8,696 SF event venue, a 7,192 SF bed and breakfast, and 6,627 SF of dormitory facilities. Indoor and covered outdoor event areas each accommodate up to 250 guests. The venue also has a commercial kitchen, locker rooms, offices, storage, and concession bays.
The inn contains six guest suites with full bathrooms and private patio access, along with dining, lounge, kitchen, laundry, and conference areas. Dormitory improvements include a 3,555 SF main office building, two 1,536 SF residences, and a storage shed. Recreational features include two swimming pools, a basketball court, and a playground. The separate 59.71-acre parcel is unimproved and has access to San Geronimo Creek.
The property has well water, an existing septic system, on-site electricity, and OCL zoning. Approximately 3.33 AC at the outer edge surrounding San Geronimo Creek is within the floodplain. Lost Resort Ranch RV Park is approximately one mile away; several residential developments are within approximately one to two miles.
The inn contains six guest suites with full bathrooms and private patio access, along with dining, lounge, kitchen, laundry, and conference areas. Dormitory improvements include a 3,555 SF main office building, two 1,536 SF residences, and a storage shed. Recreational features include two swimming pools, a basketball court, and a playground. The separate 59.71-acre parcel is unimproved and has access to San Geronimo Creek.
The property has well water, an existing septic system, on-site electricity, and OCL zoning. Approximately 3.33 AC at the outer edge surrounding San Geronimo Creek is within the floodplain. Lost Resort Ranch RV Park is approximately one mile away; several residential developments are within approximately one to two miles.
Key Highlights
- Two parcels total 89.71 acres; the improved parcel comprises 30 acres and the unimproved parcel 59.71 acres
- Event venue measures 8,696 SF; indoor and covered outdoor areas each accommodate up to 250 guests
- Bed and breakfast includes 7,192 SF and six guest suites, each with a full bathroom and private patio access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$273,557
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,471,140
$5.5M
Cap Rate 7%
$3,907,957
$3.9M
Cap Rate 9%
$3,039,522
$3.0M
Market Conditions
NOI Build-Up for 22,515 SF
Gross rent
$486.3K $21.60/SF
− Vacancy
−$48.6K −$2.16/SF
EGI
$437.7K $19.44/SF
− OpEx
−$164.1K −$7.29/SF
NOI
$273.6K $12.15/SF
Area
ZIP 78253
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,471,140
Cap Rate 7%
$3,907,957
Cap Rate 9%
$3,039,522
Alternative Uses
Best Use
Mixed Use
$3.91M
$3.42M – $4.56M
NOI $273,557 @ 7.0% cap · market cap 6.05%
Second Best
Hotel Hospitality
$1.94M
$1.69M – $2.26M
NOI $135,522 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$5.91M
$5.17M – $6.89M
NOI $413,375 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 78253, TX
66,589
Population
24,095
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
94%
High-School Grad
53.6 sq mi
ZIP Area
1,242
Density / Sq Mi
$104,260
Median Household Income
$52,314
Median Earnings
$1,557
Median Rent
$334,900
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - Event, lodging, dormitory, and recreational facilities occupy part of a two-parcel property with creek access.
Where is this mixed-use property located?
The property is located at 400 County Road 3821 San Antonio, TX.
What is the asking price?
The asking price for this property is $4,525,000.
What are key features of this property?
This property features: Two parcels total 89.71 acres; the improved parcel comprises 30 acres and the unimproved parcel 59.71 acres; Event venue measures 8,696 SF; indoor and covered outdoor areas each accommodate up to 250 guests; Bed and breakfast includes 7,192 SF and six guest suites, each with a full bathroom and private patio access
