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    The Largest CRE Database in the US with Over 1 Million Listings

    1846 Acc Rd San Antonio, TX 78248

    Sponsored
    For Lease
    $26 SF/Yr

    Strip Center, 8,135 SF Available

    Lot size:
    30,446 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    410
    The Shops at Plaza Las Campanas offers exceptional retail space in San Antonio, Texas. This award-winning, mixed-use development boasts a unique architectural design reminiscent of a small Mexican village, creating a highly desirable destination location. The property, located at 1846 N Loop 1604 W Acc Rd, 78248, in Bexar County, is a C-2 ERZD zoned strip center totaling 30,446 square feet. Currently, there are 8,135 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,335 square feet. This presents a fantastic opportunity for businesses seeking high visibility and a unique setting within a thriving San Antonio suburban market. The property's courtyard and Mexican colonial architecture create an intimate and attractive atmosphere for both tenants and customers. This is an ideal location for businesses looking to establish a presence in a vibrant and well-established mixed-use development that includes office and fine dining options. The property's location on the N Loop 1604 W Acc Rd provides excellent accessibility and visibility to a large customer base. Contact us today to learn more about this exceptional retail opportunity.

    Property Features for 1846 Acc Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,446 SF
    Total Rate
    67234.92

    Unit(s) available at that property

    Space
    Suite 100
    Size
    2,447 SF
    Rate per SF
    $26
    Space
    Suite 107
    Size
    1,200 SF
    Rate per SF
    $26
    Space
    Suite 108
    Size
    1,600 SF
    Rate per SF
    $26

    We can help!

    Listing Contact
    Andrew Lyles
    Andrew Lyles

    Learn more

    HighLights

    • Exceptional retail space in San Antonio's award‑winning Shops at Plaza Las Campanas, a mixed‑use development.
    • 30,446 SF C‑2 ERZD zoned strip center at 1846 N Loop 1604 W Acc Rd, San Antonio, TX 78248 (Bexar County).
    • 8,135 SF of divisible retail space available, with units ranging from 1,200 SF to 5,335 SF.
    • High‑visibility location in a thriving suburban market with excellent accessibility and strong customer base.
    • Unique architectural design and courtyard create an attractive atmosphere for tenants and customers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5215124
    Latitude
    29.6066812

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    FAQs

    What type of property is this?
    Retail property - Strip Center, 8,135 SF Available
    Where is this retail property located?
    The property is located at 1846 Acc Rd San Antonio, TX.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Exceptional retail space in San Antonio's award-winning Shops at Plaza Las Campanas, a mixed-use development.; 30,446 SF C-2 ERZD zoned strip center at 1846 N Loop 1604 W Acc Rd, San Antonio, TX 78248 (Bexar County).; 8,135 SF of divisible retail space available, with units ranging from 1,200 SF to 5,335 SF.
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    1846 Acc Rd San Antonio, TX 78248
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    San Antonio, TX 78248
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1846 Acc Rd San Antonio, TX 78248
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    We can help!
    Listing Contact
    Andrew Lyles
    Andrew Lyles
    Real Estate License ID: 720555
    Learn more
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