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Property profile & analytics
OFF-MARKET
Strip malls

1703 Fredericksburg Rd San Antonio, TX 78201

5,112 SF 0.23 ac lot Built 1960
Individually Owned 3-yr Hold Free & Clear
Property ID
US82-4562833
Property summary
AI-generated overview

This exceptional San Antonio commercial property, located at 1703 Fredericksburg Rd, offers a unique investment opportunity. The 5,112 square foot building sits on a 0.22-acre lot and features a blend of office and retail space, currently zoned C-2 (commercial). The property boasts approximately 2,112 square feet of vacant space, ideal for a variety of uses, alongside an existing tenant, Shine Dental, occupying 3,000 square feet under a recently commenced lease. The existing lease for Shine Dental provides a strong, stable income stream, with projected Net Operating Income (NNN) increasing incrementally over a ten-year period: Year 1: $66,000; Years 2-5: $72,000; Years 6-10: $79,200. The 2023 estimated NNN expenses are $8.95 per square foot. The property offers significant street visibility with approximately 210 feet of frontage on Fredericksburg Road and approximately 183 feet of frontage on West Kings Highway. Ample parking is available, with a ratio of 4.11 spaces per 1,000 square feet. This multi-tenant property presents a compelling combination of immediate income and future development potential in a desirable San Antonio location. The property is classified as a Class C building with a Triple Net (NNN) lease type.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Total area 5,112 SF
Lot 0.23 ac (9,801 SF)
APN 01937-035-0010
UPID US82-4562833
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
Current use
Occupant on record · Public records
  • Gloss Dental - San Antonio Dental Office
  • Gloss Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Firstmark Credit Union · 3 yrs held
Firstmark Credit Union
since 2022
7 recorded transactions
2022
$1.4M
2021
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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