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    116 Somerset Rd San Antonio, TX 78211

    Sponsored
    For Sale
    $600,000

    0.71 Acres, High Traffic Area, $600,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 0.71-acre commercial land parcel presents a unique investment opportunity in San Antonio, Texas. Located at 110-116 Somerset Rd, in the desirable 78211 zip code, this property boasts a prime location with high traffic counts. Somerset Road sees 11,893 vehicles daily, while Zarzamora Street registers an impressive 17,867 daily vehicles, ensuring significant visibility for any future development. The property is zoned RM-4 Residential mixed district, with a Lackland AFB Overlay (MOLD), offering flexibility for a variety of commercial uses. This allows for a diverse range of potential projects, catering to the needs of the surrounding community and taking advantage of the high traffic volume. The expansive lot size provides ample space for construction, ensuring a substantial return on investment. The property is being offered for sale by owner at $600,000, representing a compelling opportunity for discerning investors seeking a strategic location in a thriving market. Situated in Bexar County, this property offers easy access to major transportation routes and amenities, making it an ideal location for a wide range of commercial ventures. Serious inquiries are encouraged to explore the potential of this exceptional property.

    Property Features for 116 Somerset Rd

    General Information

    Property type
    Land
    Lot Size
    30,928 SF

    HighLights

    • $600,000 asking price.
    • 0.71‑acre commercial land parcel.
    • Located at 116 Somerset Rd, San Antonio, TX 78211 in Bexar County.
    • RM‑4 Residential mixed district zoning with Lackland AFB Overlay (MOLD).
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -98.5346607
    Latitude
    29.3736304

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    FAQs

    What type of property is this?
    Land - 0.71 Acres, High Traffic Area, $600,000
    Where is this land located?
    The property is located at 116 Somerset Rd San Antonio, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: $600,000 asking price.; 0.71-acre commercial land parcel.; Located at 116 Somerset Rd, San Antonio, TX 78211 in Bexar County.
    (210) 366-1400
    Request Owner's contact information
    116 Somerset Rd San Antonio, TX 78211
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    116 Somerset Rd
    San Antonio, TX 78211
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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
    116 Somerset Rd San Antonio, TX 78211
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