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Property profile & analytics
FOR SALE
Auto shops

1626 Pat Booker Rd Universal City, TX 78148

16,800 SF 0.89 ac lot Built 1968
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US82-0356014
Property summary
AI-generated overview

This exceptional investment opportunity presents a 16,800-square-foot shopping center in Universal City, Texas. Located at 1626 Pat Booker Rd, this single-story, 1968-built property sits on a 0.88-acre lot (APN: 05047-012-0280) and is zoned for retail use. Currently boasting 100% occupancy with eight tenants under staggered NNN leases with a remaining term of five years, this stabilized investment offers a strong net operating income (NOI) of $192,048, translating to a 7.5% capitalization rate. The asking price is $2,560,640, or $152.42 per square foot. The property benefits from high visibility and accessibility along Pat Booker Rd, experiencing daily traffic exceeding 35,000 vehicles. This prime location within the San Antonio MSA serves a substantial population with an average income of $103,768 within a five-mile radius. The absence of tenant options provides a potential for future rental increases, enhancing the long-term value and return on investment. This well-maintained asset offers a secure income stream and significant upside potential for discerning investors. The property features a multi-tenant configuration, ensuring diversification of income sources.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1968
Total area 16,800 SF
Lot 0.89 ac (38,551 SF)
APN 05047-012-0280
UPID US82-0356014
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k
Owner & transaction history
Ibni Investments LLC · 5 yrs held
Ibni Investments LLC
since 2020
5 recorded transactions
2022
Price N/A
2020
Price N/A
2007
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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