2275 Old Pleasanton RdSan Antonio, TX 78264

For Sale
$300,000 View listing
  • Commercial real estate
  • 1,068 SF

Property Details for 2275 Old Pleasanton Rd

Year built
1974
Lot size
0.75 AC
Property size (Sq ft)
1,068 SF
Property type
Commercial real estate
APN
R25702
APU
R25702

Description

This exceptional San Antonio property, located at 2275 Old Pleasanton Rd, offers a unique blend of restaurant and entertainment space. The 1,068 square foot building, constructed in 1974, sits on a 0.75-acre lot and includes 40 parking spaces, a significant advantage in this area. Currently operating as a restaurant, it boasts a substantial annual net operating income (NOI) of $77,000, with the asking price set at $300,000 ($280.90/sq ft). The property features a large, versatile back area ideal for hosting events, expanding the revenue potential beyond restaurant operations. The current owner operates three days a week, indicating significant upside potential with expanded hours or additional services. The property benefits from its location amidst several new developments in South San Antonio, ensuring a steady stream of potential customers. All restaurant equipment is included in the sale. This mixed-use property, classified as Class C, presents a compelling investment opportunity for owner-users seeking a turnkey operation with substantial growth potential. The property consists of one unit within a three-building complex, offering a 10-foot ceiling height. The property's zoning is not specified. This is a rare opportunity to acquire a well-established business with significant expansion possibilities in a rapidly growing area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $222,424
    Hospitality
    $203,739
    Educational
    $169,509
    Medical
    $175,338
    Retail
    $263,680
2275 Old Pleasanton Rd, San Antonio, Texas
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Location Insight

City
San Antonio
County
Atascosa
State
Texas
Latitude
29.1431
Longitude
-98.498
CBSA code
41700
CBSA name
SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,854
$45,000
$26,650
$71,650
-
$45,000
$26,650
$71,650

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