1218 Bitters Rd San Antonio, TX 78216-8089
Property profile & analytics
1218 Bitters Rd San Antonio, TX 78216-8089
- Drive through restaurants
- 2,975 SF
- 0.98 lot acres
Property ID
US82-9527550
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Long Horn Smoke & Vape / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
- Benjie's Munch / Restaurant / Take-out & Catering
- Fizz / Bar & Pub
- Comet Cleaners and Laundry San Antonio / (Bike/Boat/Book/etc) Store
- Shipley Do-Nuts / Bakery / Discount Store
Property Details for 1218 Bitters Rd
- Year built
- 2016
- Lot size
- 0.98 lot acres
- Property size
- 2,975 SF
- Property type
- Drive through restaurants
- APN
- 17721-013-0240
- APU
- 177210130240
Description
This exceptional investment opportunity presents a 2,975 square foot Bush's Chicken restaurant located at 1218 W Bitters Rd, San Antonio, TX 78216. The property sits on a 0.98-acre lot and benefits from a prominent location near the intersection of Blanco Rd and W Bitters Rd, boasting approximately 38,900 vehicles per day. Its convenient access to Hwy 281 (2.3 miles) and Interstate 10 (approximately 5 miles) enhances its appeal. The property is situated in a high-density area with over 234,000 people within a five-mile radius, capitalizing on San Antonio's robust population of approximately 1.5 million residents and a MSA of approximately 2.4 million. This absolute NNN lease boasts a remaining term of 12.8 years, commencing September 25, 2017, and expiring August 31, 2037. The lease includes four five-year renewal options, each with a 10% rent increase. Built in 2017, the property offers a strong 6.00% cap rate and a substantial NOI of $123,467. The asking price is $2,058,000, translating to a price per square foot of $691.76. Ten percent rent bumps occur every five years, providing consistent income growth. This is a rare opportunity to acquire a well-located, established QSR property in a thriving Texas market.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.5126
- Latitude
- 29.5783
- 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
$50,500
$754,900
$2,048,740
$2,803,640
-
$754,900
$2,048,740
$2,803,640
