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Property profile & analytics
OFF-MARKET Estimated value $1,710,000
Manufacturing properties

302 Spencer Ln San Antonio, TX 78201-2018

81,581 SF 5.28 ac lot Built 1985
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US82-3434191
Property summary
AI-generated overview

This exceptional San Antonio industrial property offers 95,804 square feet across two buildings on an 8.96-acre lot. Strategically located near I-10 and Loop 410, offering convenient access to major transportation arteries and downtown San Antonio (6 miles). The property boasts 6 dock-high doors, ceiling heights ranging from 14 to 25 feet, and is zoned I-1, allowing for flexibility in tenant profiles and uses. Built in 1960 and 1985 with a complete roof renovation in 2022, this multi-tenant property features multiple points of ingress and egress. The large lot size provides ample space for expansion or outdoor storage. This is one of the largest contiguous industrial tracts in the submarket, presenting a rare opportunity for significant value-add potential. The property's location provides excellent access to a high volume of daily traffic on I-10 (213,000 vehicles) and Loop 410 (249,000 vehicles). This property is suitable for a variety of uses, including distribution, warehousing, and manufacturing. The property's size and location make it an ideal investment opportunity. APN: 08409-000-0640, 08409-000-0661.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1985
Total area 81,581 SF
Lot 5.28 ac (230,145 SF)
APN 08409-000-0640
UPID US82-3434191
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
$1.71M
Owner & transaction history
Ultrafryer Systems LLC · 7 yrs held
Ultrafryer Systems LLC
since 2019
6 recorded transactions
2019
Price N/A
2017
Price N/A
2014
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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