7201 Somerset Rd San Antonio, TX 78211
- Lifestyle centers
- 12,628 SF
Current Use by Public Records
- Dr. Daniel T. Ramos, D.D.S. / Dentist
Property Details for 7201 Somerset Rd
- Property size
- 12,628 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.5514
- Latitude
- 29.3548
