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Property profile & analytics
OFF-MARKET Estimated value $765,000
Strip malls

5307 Walzem Rd Windcrest, TX 78218-2124

16,889 SF 3.64 ac lot Built 1977
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US82-2524613
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1977
Total area 16,889 SF
Lot 3.64 ac (158,515 SF)
APN 05474-098-0040
UPID US82-2524613
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
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
$954k
Blend (final) Blend
$765k
Owner & transaction history
Walzem Retail Center LLC · 4 yrs held
Walzem Retail Center LLC
since 2022
3 recorded transactions
2022
Price N/A
2018
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.0M +42.1%
Industrial (general) $780,000 +9.6%
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