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Park Road 37
Lakehills, TX 78063
$199,900
Property Description
Located in the high-growth corridor northwest of San Antonio on Park Road 37, this unrestricted property offers an 11% pro-forma cap rate and flexible options to lease a minimum of three spaces or combine as a tenant and owner-user mix. One tenant is already in place. Spanning seven lots, the property features a mixed-use building with a covered detached patio, multiple storage structures, a 2006 Forest River recreational vehicle (RV), and two RV pads with full hookups. A 1950s Spartan Mansion is seamlessly integrated into the building, creating a distinctive setting for retail or office 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 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!
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Type: Commercial Property
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Year Built: 1955
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Cooling: Window,Wall,Other
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Heating: 3 Units
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Lot Size: 0.35 Acres
Property Details
- Status:Available
- Type:Commercial Property
- MLS #:1875285
- Year Built:1955
- Sq. Feet:15,500
Community Information
- Address:12064 Park Road 37 Lakehills, TX 78063
- County:Bandera
- City:Lakehills
- Zip Code:78063
Property Features
- Restrictions:Other
- Utilities Available:Electricity, Water, Telephone, Septic, Cable TV, Other
Tax and Financial Info
- Proposed Terms:Sale Only, Cash, Conventional, Other
- Available Documents:Survey, Pro Forma, Floor Plan, Other
$199,900
15,500 SqFt
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