19015 K St, Somerset, TX 78069-4737
- Office Spaces
- 5,135 SF
- 1.00 lot acres
Current Use by Public Records
- Office Spaces
Property Details for 19015 K St
- Year built
- 2011
- Lot size
- 1.00 lot acres
- Property type
- Office Spaces
- APN
- 04232-000-0242
- APU
- 42320000242
Description
This exceptional investment opportunity in Somerset, TX, presents a versatile commercial property boasting significant potential. The property includes a large 50x30 metal building with a built-in drive-thru, ideal for various businesses such as a restaurant or Pollo Asado establishment. Additionally, a substantial 40x90 yellow building features a small apartment, providing extra space or rental income. Ample gated parking ensures convenient access for customers and employees. The property's strategic location offers unparalleled convenience, situated just 15 minutes from the Navistar Manufacturing Plant and within minutes of Koontz Corp on Highway 35 South and Somerset Road. The upcoming opening of the University Health Hospital in 2027, developed by Palo College, further enhances the property's long-term value and potential for growth. The property sits on a one-acre lot. The owner will be replacing the entire roof on the yellow building. This prime location, coupled with the versatile buildings and ample parking, makes this a truly exceptional investment opportunity. Don't miss out on this chance to secure a thriving business location in a rapidly developing area.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $845,000
- 6.5%
- $780,000
- 7%
- $725,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $638,000
Market price range: $271k - $1.33M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $840,000 Current use
- RESTAURANT
- $695,000 Change: -17% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Somerset
- County
- Bexar
- State
- Texas
- Longitude
- -98.6629
- Latitude
- 29.2366
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
