1811 Commerce St San Antonio, TX 78207
- Retail space
- 7,340 SF
- 0.43 lot acres
Current Use by Public Records
- Retail space
Property Details for 1811 Commerce St
- Year built
- 1970
- Lot size
- 0.43 lot acres
- Property size
- 7,340 SF
- Property type
- Retail space
- APN
- 02300-007-0022
- APU
- 23000070022
Description
1811 W Commerce Street presents a remarkable opportunity to acquire a 7,200 square foot single-tenant flex space building situated on a 0.43-acre lot. This freestanding structure boasts a single story design and is ideally zoned I-1, offering considerable versatility for a range of commercial uses. The property's prime location along the heavily trafficked West Commerce Street ensures high visibility and accessibility. Its strategic proximity to key landmarks such as Lanier High School, the Bexar Appraisal District, and the UTSA Downtown Campus guarantees a robust customer base and strong potential for growth. Furthermore, its convenient location just minutes away from the vibrant Downtown San Antonio, the historic Riverwalk, and the renowned Pearl District provides unparalleled access to a thriving urban environment. The building's size and zoning make it suitable for a variety of businesses seeking a prominent location with excellent visibility and convenient access to major transportation routes and community amenities. This is an exceptional opportunity to secure a well-positioned commercial property in a rapidly developing area of San Antonio. The property's single-tenant occupancy provides a straightforward investment opportunity with clear potential for future expansion or redevelopment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $580,000
- 6.5%
- $545,000
- 7%
- $600,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $675,000
- Geo Method
- $615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $635,000
- Retail
- $565,000
- Mixed-Use
- $590,000
- Hospitality
- $635,000
- Educational
- $610,000
- Residential Income
- $530,000
- Energy
- $615,000
- Income-Based Land
- $650,000
- Food Service
- $600,000
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.5147
- Latitude
- 29.4273
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA