Property profile

7201 Somerset Rd San Antonio, TX 78211

OFF-MARKET
Lifestyle centers
12,628 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 10-unit, 12,628-square-foot retail center ideally situated near Southwest General Hospital in San Antonio, Texas. Currently boasting 100% occupancy as of March 28, 2023, the property generates a monthly income exceeding $10,000. The center comprises six commercial spaces and four upstairs residential apartments, offering a diverse revenue stream. An anchor dental office contributes significantly to the current occupancy. While some repairs are needed, the strong tenancy and high occupancy rate make this a compelling investment. The property sits on a substantial 28,092-square-foot lot, zoned C2, providing ample space and development potential. The two-story building features a desirable upstairs apartment. The owner currently occupies two spaces at a reduced rate, presenting an opportunity for increased income under new ownership. This multi-tenant shopping center presents a rare chance to acquire a well-located, income-producing asset in a thriving San Antonio neighborhood. The property's APN is 112560011210. This is an owner/user investment opportunity.

Property profile

Verified
Property type Lifestyle centers
Total area 12,628 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office

Location

7201 Somerset Rd San Antonio, TX 78211
San Antonio metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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