Property profile

808 Lockhill Selma Rd Castle Hills, TX 78213

OFF-MARKET
Turn key restaurants
Property ID
US82-3432798
4,120 SF 0.26 ac lot Built 1964
Individually Owned 24-yr Hold Free & Clear
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Property summary

AI-generated overview

This thriving San Antonio restaurant, located at 808 Lockhill Selma Rd, is being offered via online auction ending December 14, 2024. The 4,120 square foot space boasts a prime location on a high-traffic road, ensuring strong visibility and a steady stream of potential customers. Previously operating as Bees Mexican Restaurant, this fully equipped establishment includes all commercial-grade cookware, allowing for a seamless transition for a new owner. The versatile floor plan offers ample space for various dining configurations, including dine-in seating, private events, or even a drive-thru option. Situated near both local businesses and residential areas, the restaurant benefits from a loyal customer base and consistent foot traffic. The asking price is $669,000, making this a competitively priced opportunity to establish or expand a culinary venture in a vibrant San Antonio neighborhood. The property's adaptable interior and prime location present a unique chance to make a significant impact on the city's dining scene. This is a turnkey operation ready for immediate use, eliminating the need for extensive renovations or equipment purchases. Don't miss this chance to own a well-established restaurant in a desirable area of San Antonio, Texas. The auction details can be found at the provided link.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1964
Total area 4,120 SF
Lot 0.26 ac (11,282 SF)
APN 05004-047-0030
UPID US82-3432798

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

808 Lockhill Selma Rd Castle Hills, TX 78213-2216
Castle Hills metro Census 191101 SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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