12064 Park Road 37 Active Save Request In-Person Tour Request Virtual Tour
Lakehills,TX 78063
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 15,500 sqft
Price per Sqft $12
MLS Listing ID 1875285
Year Built 1955
Annual Tax Amount $846
Lot Size 0.351 Acres
Property Sub-Type Commercial Improved Prop
Property Description
Located in the high-growth corridor northwest of San Antonio on Park Road 37, this unrestricted property offers a 23.72% pro-forma cap rate (solely from rental income) and flexible options to lease a minimum of six spaces (up to eight without expansion) or combine as a tenant and owner-user mix. Spanning seven lots, the property features a mixed-use building, a covered detached patio with an adjacent structure (possible food stand QSR), multiple storage structures, and two to four RV or tiny home pads with full hookups. A 1950s Spartan Mansion is seamlessly integrated into the building, creating a distinctive setting for retail, office, or lodging use. Significant updates to the building and grounds, including utilities, aesthetics, and site improvements make this a turnkey opportunity for long-term leases or short-term rentals. Water, sewer, and electricity are already on-site. With easy access to the new H-E-B grocer at Hwy 211/Culebra Rd, Alamo Ranch, Helotes, Bandera, and Medina Lake, plus ample parking and natural shade from mature oaks and cedars, this versatile property is full of potential. Schedule your tour today!
Location
State TX
County Bandera
Area 3100
Zoning UNRESTRICTED: RESIDENTIAL
Interior
Heating 3 Units
Cooling Window,Wall,Other
Exterior
Garage Spaces 10.0
Utilities Available Electricity,Water,Telephone,Septic,Cable TV,Other
Amenities Available Exterior Lighting,Security System,High Speed INternet,Fenced Storage Yard,Inside Storage,Outside Storage,Living Area,Public Restroom
Roof Type Metal
Building
Story 1
Foundation Slab,Other
Schools
School District Bandera Isd
Others
Acceptable Financing Sale Only,Cash,Conventional,Other
Listing Terms Sale Only,Cash,Conventional,Other