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    Property profile & analytics
    OFF-MARKET Estimated value $1,530,000
    Strip malls

    4535 Fredericksburg Rd, Balcones Heights, TX 78201-6504

    29,310 SF 2.41 ac lot Built 1978
    Individually Owned 10-yr Hold Free & Clear
    Property ID
    US83-4097852
    Property summary
    AI-generated overview

    Northpoint Shopping Center presents a compelling retail investment opportunity in Northwest San Antonio. This attractive, well-positioned shopping center boasts a total of 29,328 square feet and currently has one available space measuring 1,320 square feet. The center enjoys exceptional visibility on Fredericksburg Road, a major north-south thoroughfare, benefiting from high traffic counts and strong consumer presence. Its strategic location directly across Fredericksburg Road from the Wonderland of the Americas Mall provides significant synergistic advantages, drawing from the mall's substantial foot traffic and established customer base. Furthermore, its proximity to the Northwest Loop 410 and Interstate Highway 10 ensures easy accessibility for customers and employees alike. The property is situated within a densely populated area of Northwest San Antonio, guaranteeing a robust and readily available customer pool. This multi-tenant retail center offers a unique chance to establish a presence in a thriving commercial hub, capitalizing on the area's strong demographics and convenient location. The available space is ideal for a variety of retail uses, presenting a significant opportunity for growth and profitability. The property is located in Bexar County.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1978
    Total area 29,310 SF
    Lot 2.41 ac (104,980 SF)
    APN 05894-000-0120
    UPID US83-4097852
    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
    $925k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.13M
    Blend (final) Blend
    $1.53M
    Owner & transaction history
    Jane Lee · 10 yrs held
    Jane Lee
    since 2016
    4 recorded transactions
    2016
    2016
    2006
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $2.5M +24.7%
    Warehouse, storage $2.3M +15.6%
    Apartment house (5+ units) $2.2M +10.6%
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