1300 Universal City Blvd Universal City, TX 78148
- Auto shops
- 11,000 SF
- 2.61 lot acres
Current Use by Public Records
- Auto shops
Property Details for 1300 Universal City Blvd
- Year built
- 2005
- Lot size
- 2.61 lot acres
- Property size
- 11,000 SF
- Property type
- Auto shops
- APN
- 05053-941-0060
- APU
- 50539410060
Description
This exceptional investment opportunity presents a 11,000-square-foot industrial property in Universal City, Texas, ideally situated on a 2.61-acre lot. The property, built in 2005, comprises two single-story buildings totaling 11,000 square feet of net rentable space, currently operating at 100% occupancy. The main building boasts 6,000 square feet, including approximately 3,000 square feet of well-appointed office space featuring seven offices, a large conference room, and a break room, along with 3,000 square feet of warehouse space equipped with two grade-level overhead doors. A separate 5,000-square-foot warehouse building offers four additional overhead doors. The property features six loading docks and six dock-high doors, a 15-foot ceiling height, and ample storage space. Additional amenities include a fenced yard, 24-hour access, and air conditioning. This Class C property is zoned C4 and offers a stabilized sale-leaseback opportunity with a 7.51% cap rate and a sale price of $2,050,000 ($186 per square foot). The lease is a NNN lease with a potential for annual base rent increases over a three-year term. The property's prime location near I-35 and 1604 provides excellent accessibility. The current owner, Bent Plumbing, maintains the property to an exceptional standard. This is a rare opportunity to acquire a high-quality, well-maintained industrial property with strong cash flow potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $475,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,049,000
Market price range: $518k - $1.40M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $970,000 Current use
- COMMERCIAL (GENERAL)
- $1,140,000 Change: +18% Conversion: Moderate
- MEDICAL BUILDING
- $925,000 Change: -5% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $850,000 Change: -13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Universal City
- County
- Bexar
- State
- Texas
- Longitude
- -98.3006
- Latitude
- 29.54
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA