1602 Hamilton Ave San Antonio, TX 78207
This exceptional 5,520 square foot retail building, located at 1602 S Hamilton Ave in San Antonio, Texas, presents a lucrative investment opportunity. Built in 1972 and extensively renovated in 2023, this Class C property sits on a 0.577-acre lot and boasts a C-2 zoning designation. Currently configured as a single-tenant convenience store (approximately 4520 sq ft, including inventory), the sale includes the operating business. Additionally, there's a separate 1000+ square foot standalone building available for lease at $2500/month, with the owner offering free rent for tenant improvements. A vacant lot is also available for ground lease at $2000/month, also with free rent for improvements. The asking price for the entire property is $1,800,000, with owner financing available. Lease terms are favorable, with an initial five-year lease and three five-year renewal options. The property enjoys a prime location in the Greater Gardendale area of Southwest San Antonio, near parks, major roadways (S Zarzamora), and Elmendorf Lake Park, ensuring high visibility and accessibility. This versatile property offers a unique blend of immediate income generation and significant future development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.