4903 Walzem Rd, Windcrest, TX 78218-2116
- Strip malls
- 13,911 SF
- 1.21 lot acres
Current Use by Public Records
- Strip malls
Property Details for 4903 Walzem Rd
- Year built
- 1976
- Lot size
- 1.21 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 05474-116-0010
- APU
- 54741160010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 9, 2015 | — | Pak & Kim Living Trust | S & Y Ptshp LLC | Warranty Deed | — |
| Mar 27, 2012 | — | S & Y Ptshp LLC | Pak,yong A | Warranty Deed | $1.8M · Standard Insurance Co |
| — | — | Y Pak | — | Deed Of Trust · related | $1.5M · Stancorp Mortgage Investors |
Description
Windsor Place Shopping Center, located at 4903 Walzem Rd, San Antonio, TX 78218, presents a compelling investment opportunity in a thriving Bexar County business district. This single-story, 13,748 square foot retail center, built in 1976 and classified as Class B, boasts excellent visibility from Walzem Road. The property sits on 1.22 acres and includes 57 parking spaces, catering to the needs of its diverse tenant mix. Currently, the center features seven suites, with 3,980 square feet of vacant space available. The minimum divisible space is 830 square feet, while the maximum contiguous space available for lease is 3,150 square feet. Existing tenants include established businesses such as T-Mobile, Supercuts, Freeway Insurance, and Pro Nail, providing a strong foundation for future growth. The center benefits from its proximity to a Starbucks, further enhancing its appeal and foot traffic. The property is zoned B2, Business District, offering flexibility for a variety of retail uses. This is an exceptional opportunity to acquire a well-located retail center with strong existing tenancy and significant upside potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $555,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $785,000
Market price range: $352k - $786k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $590,000 Current use
- OFFICE BUILDING
- $925,000 Change: +57% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $835,000 Change: +42% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $620,000 Change: +6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Windcrest
- County
- Bexar
- State
- Texas
- Longitude
- -98.3941
- Latitude
- 29.5107
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
