4681 Walzem Rd San Antonio, TX 78218-1610

This exceptional San Antonio, Texas retail property at 4681 Walzem Road presents a compelling redevelopment opportunity. Currently operating as a convenience store, gas station, and QSR/fast food establishment, the property boasts 100% occupancy and a strong existing NOI of $40,000, yielding a 2.67% cap rate. However, the significant potential lies in redevelopment. A pro-forma analysis projects a substantial increase in NOI to $120,000, resulting in an attractive 8.00% cap rate. This is a single-tenant, NNN-leased property, offering a low-maintenance investment. The asking price is $1,500,000. The property is situated on one of the last major pad sites available along the San Antonio 410 corridor, benefiting from excellent highway access and visibility. Recent comparable sites in this high-demand area have undergone successful redevelopment and re-tenanting, demonstrating the strong market potential. The seller is debt-free and motivated to sell, making this an attractive opportunity for investors seeking a high-return, low-risk investment in a prime San Antonio location. The property is located in Bexar County, Texas, zip code 78218. This hard corner site offers excellent signage opportunities and is easily accessible from Highway 410.