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    1622 Pine St San Antonio, TX 78208

    Sponsored
    For Sale
    $450,000

    1,031 SF Mixed-Use Property, $450k

    Property size:
    1,031 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 1622 N Pine St, San Antonio, TX 78208, presents a compelling investment opportunity. Boasting 1,031 square feet, this property is zoned R-6 and offers a versatile blend of apartment building, single-family rental portfolio, and student housing potential. Its prime location in the Government Hill area places it within close proximity to I-35, enhancing its accessibility and appeal. The property's current configuration includes a tenant in place, providing immediate cash flow. The asking price is $450,000. The property's APN is 012790040030. This location is surrounded by similar multifamily investments, making it an ideal addition to an existing portfolio or a strong starting point for new investors seeking to capitalize on the area's growth. The property's mixed-use zoning allows for a variety of development possibilities, catering to diverse investment strategies. Serious inquiries are encouraged to explore the full potential of this promising investment. This is a rare opportunity to acquire a well-situated property in a thriving San Antonio neighborhood.

    Property Features for 1622 Pine St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,031 SF

    HighLights

    • 1,031 SF mixed‑use property at 1622 N Pine St, San Antonio, TX 78208.
    • R‑6 zoning allows for apartment building, single‑family rental, or student housing.
    • Prime Government Hill location near I‑35.
    • Tenant in place providing immediate cash flow.
    • $450,000 asking price.
    • APN: 012790040030.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4700232
    Latitude
    29.4398786

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    FAQs

    What type of property is this?
    Multifamily property - 1,031 SF Mixed-Use Property, $450k
    Where is this multifamily property located?
    The property is located at 1622 Pine St San Antonio, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 1,031 SF mixed-use property at 1622 N Pine St, San Antonio, TX 78208.; R-6 zoning allows for apartment building, single-family rental, or student housing.; Prime Government Hill location near I-35.
    Request Owner's contact information
    1622 Pine St San Antonio, TX 78208
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    San Antonio, TX 78208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1622 Pine St San Antonio, TX 78208
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