Corner Retail Shopping
703 Bandera Rd San Antonio, TX 78228
703 Bandera Rd, San Antonio, TX, 78228
$1,200,000
For Sale
$1,200,000
Six-unit corner retail asset with C-2 zoning at a signalized intersection on Bandera Rd in San Antonio.
Property Size7,130 SF
Price / SF$168.30
Days on Market308
Property Features for 703 Bandera Rd
General Information
- Standard status
- Active
- Size
- 7,130 SF
Listing agency
URSA Real Estate
(956) 476-3016
Listed by
Jacob Galvan
(956) 363-1179
Source
Exprealty
Added: Sep 18, 2025 Updated: Jul 22 at 7:02AM Checked: Jul 22 at 7:02AM
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 URSA Real Estate
Investment Insights
Based on property information with market context.
This six-unit income-producing retail property is situated on a prime corner of Bandera Rd in San Antonio. The asset is positioned for strong visibility at the intersection, with no medians on Bandera Rd, which supports access from all directions.
The property is described as having over 39,000 vehicles passing daily at the intersection. The site is near major retailers including Walmart, HEB, Raising Cane’s, Pizza Hut, Dunkin’, and Chase Bank. The property is identified as C-2 zoned, supporting a range of retail or office uses.
As a multi-tenant retail configuration, this center is designed to serve customer traffic drawn to nearby established businesses along two major thoroughfares.
The property is described as having over 39,000 vehicles passing daily at the intersection. The site is near major retailers including Walmart, HEB, Raising Cane’s, Pizza Hut, Dunkin’, and Chase Bank. The property is identified as C-2 zoned, supporting a range of retail or office uses.
As a multi-tenant retail configuration, this center is designed to serve customer traffic drawn to nearby established businesses along two major thoroughfares.
Key Highlights
- Six‑unit corner retail income‑producing asset on Bandera Rd in San Antonio
- C‑2 zoned property at a signalized intersection with corner exposure
- Over 39,000 vehicles pass daily at the intersection (per remarks)
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.0k | $19.92 |
| − Vacancy | −$5.7k | −$0.80 |
| EGI | $136.3k | $19.12 |
| − OpEx | −$40.9k | −$5.74 |
| NOI | $95.4k | $13.39 |
7,130 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.59M
NOI $95,444 @ 7.0% cap · market cap 7.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,312 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nomad Garage
Auto Repair Shop
Tha Shop
Interior Design
Psychic readings & botanica
Spiritual Center
Remco Auto Insurance
Insurance Agency
Diamond Kutz Barbershop
Barber Shop
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FAQs
What type of property is this?
Shopping center - Six-unit corner retail asset with C-2 zoning at a signalized intersection on Bandera Rd in San Antonio.
Where is this shopping center located?
The property is located at 703 Bandera Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Six‑unit corner retail income‑producing asset on Bandera Rd in San Antonio; C‑2 zoned property at a signalized intersection with corner exposure; Over 39,000 vehicles pass daily at the intersection (per remarks)
