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    5307 Walzem Rd Windcrest, TX 78218-2124

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    5307 Walzem Rd Windcrest, TX 78218-2124


    • Strip malls
    • 16,889 SF
    • 3.64 lot acres
    Off-Market
    Last Sale Jun 8, 2022
    Property ID
    US82-2524613
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $765,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 5307 Walzem Rd

    Year built
    1977
    Lot size
    3.64 lot acres
    Property size
    16,889 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    05474-098-0040
    APU
    54740980040

    Description

    This exceptional San Antonio investment property, located at 5307 Walzem Rd, Windcrest, TX 78218, offers 15,000 square feet of versatile space across two single-story buildings. The property boasts a prime location on Walzem Road, near IH-35, benefiting from high visibility and significant daily traffic exceeding 40,000 vehicles. Currently, there are three suites available, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 15,000 square feet. The property features a total of 125 parking spaces, ample for tenants and customers. The zoning is C2, allowing for a variety of uses, including retail, office, and restaurant establishments. Built in 1977, the property includes 16,143 square feet of vacant space, ideal for redevelopment or expansion. The 3.63-acre lot provides ample room for outdoor amenities or future development. The property's 9-foot ceilings offer comfortable and functional space. Taxes are $3 per square foot. This is a unique opportunity to acquire a landmark San Antonio property with significant potential for growth and return on investment in Bexar County. The property's history as a Luby's Cafeteria adds to its local recognition and appeal.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $570,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $953,000
      Market price range: $428k - $954k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $715,000
      Current use
      COMMERCIAL (GENERAL)
      $1,015,000
      Change: +42% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $780,000
      Change: +10% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $650,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Windcrest
    County
    Bexar
    State
    Texas
    Longitude
    -98.3842
    Latitude
    29.511
    CBSA code
    41700
    CBSA name
    SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $55,693
    $1,296,650
    $1,603,110
    $2,899,760
    -
    $1,296,650
    $1,603,110
    $2,899,760
    More about this property
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