5421 Grissom Rd San Antonio, TX 78238
Property profile & analytics
5421 Grissom Rd San Antonio, TX 78238
- Warehouses
- 7,845 SF
- 0.48 lot acres
Property ID
US82-2136528
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.
Location Intelligence
Current Use by Public Records
- Kingdom Martial Arts Academy / (Bike/Boat/Book/etc) Store / Gym & Fitness Center
- Order Muay Thai Gear / (Bike/Boat/Book/etc) Store
Property Details for 5421 Grissom Rd
- Year built
- 1970
- Lot size
- 0.48 lot acres
- Property size
- 7,845 SF
- Property type
- Warehouses
- APN
- 18642-001-0011
- APU
- 186420010011
Description
This exceptional multi-tenant investment property in San Antonio, Texas, presents a compelling opportunity. Located at 5421 Grissom Rd, this property boasts 6,900 square feet of improvements across two attached, yet independent buildings on a 0.48-acre lot. The property benefits from a high-traffic location at a busy intersection with bus line access, ensuring excellent visibility. The buildings are fully occupied (100% occupancy since May 31, 2020) by two tenants under long-term gross leases with annual rent escalations. Building #1, a 2,400 square foot retail space, features an open floor plan and his/hers showers, bathrooms, and dressing rooms. Building #2, a 4,500 square foot metal building, includes his/hers showers, bathrooms, dressing rooms, offices, and a viewing room. The property has a current NOI of $75,000. One tenant, a martial arts studio, occupies 2,400 square feet and has approximately 5 years remaining on their lease. The other tenant, a children's swim school, occupies 4,500 square feet and has approximately 8 years remaining on their lease. The property is zoned C2 and features 33 parking spaces. The property is fee simple ownership and has undergone renovations in 2019. The lease commenced February 29, 2020, with rent commencing May 30, 2020, and expiring April 30, 2025. This stabilized investment offers a strong return with a remaining lease term of approximately 0.4 years.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.6293
- Latitude
- 29.4842
- 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
$9,991
$105,410
$370,550
$475,960
-
$105,410
$370,550
$475,960
