8759 Grissom Rd San Antonio, TX 78251-4818
This exceptional 43,623 square foot mixed-use property, located at 8759 Grissom Rd, San Antonio, Texas 78251, presents a compelling value-add investment opportunity. The Class C building, constructed in 1982 and renovated 15 years ago, sits on a highly trafficked location within close proximity to major roadways including 1604, Hwy 151, 410, and Bandera/Hwy 16. Benefitting from multiple access points and high visibility, the property boasts a strategic position along Grissom Rd (20,000 vehicles per day) and Culebra Rd. Currently housing a diverse tenant mix including Dollar General, CVS Pharmacy, Family Dollar, AutoZone, Tractor Supply, Firestone, Food Lion, and Goodwill, along with office spaces and a parish, the property offers significant upside potential. A resale shop also leases space twice annually. The building features two loading docks with two dock-high doors, accommodating 18-wheelers, and a 25-foot ceiling height. Ample parking is available in front of the building. The property is zoned C-3 and comprises one building with a total of 43,623 square feet. The asking price is $3,250,000. This property's prime location, strong tenant base, and substantial square footage make it an ideal investment for those seeking a high-return, mixed-use asset in a rapidly growing area of San Antonio. The former location of a major grocery store further highlights the property's potential for future development and expansion.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.