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2644 Ackerman Rd Kirby, TX 78219-2142

OFF-MARKET Garden apartment buildings Google Maps
7,156 SF 2.98 ac lot Built 1971
Entity Owned 8-yr Hold ~ Est. High Equity
Estimated value (blended)
$690k
Range $621k – $759k (±10%)
Property ID US82-4870506

Property summary

AI-generated overview

This exceptional 2.7-acre commercial lot, located at 2644 Ackerman Rd in San Antonio, Texas (zip code 78219, Bexar County), presents a remarkable investment opportunity. The property boasts a highly desirable C-2 zoning designation, permitting a wide range of retail uses, as per Kirby zoning ordinances. Situated on a hard corner, this lot offers approximately 400 linear feet of frontage on Ackerman Road and 300 linear feet on Wexford Drive, maximizing visibility and accessibility. Existing utilities include electricity, water, and sewer, along with an underground commercial grease trap, making it ideal for developments including restaurants or laundromats. Its strategic location offers significant advantages, including proximity to a substantial apartment complex and convenient access to Interstates 10 and 410, ensuring high traffic volume and potential for strong returns. The property's APN is 05098-102-0010. The seller is open to financing options with a 25% down payment. This is a rare opportunity to acquire a prime commercial parcel in a thriving San Antonio location. All information is believed to be accurate but is not guaranteed. The property is offered subject to errors, omissions, changes, or withdrawal without notice.

Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1971
Total area 7,156 SF
Lot 2.98 ac (129,983 SF)
APN 05098-101-0010
UPID US82-4870506

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
by Request
Comparable Approach Comparable
$700k
Blend (final) Blend
$690k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2014
Price N/A
2011
Price N/A
2010
Price N/A
2007
Price N/A
2005
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.1M +127.9%
Restaurant $910,000 +97.7%
Commercial (general) $865,000 +87.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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