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$499,500

Beds
4
sq ft
4,090

5003 S Flores St, San Antonio, TX 78214

5003 S Flores St

San Antonio, TX 78214

  • 128 days on market
    • Price drop $60,000↓
Listing is for a portfolio of 2 adjacent commercial properties on 2 hard corners in South San Antonio, just 10 minutes from downtown! SELLER FINANCING AVAILABLE! Zoned IDZ-2 (C-2NA and MF-33) 5003 S. Flores St: 6 units totaling 4,090 SF: $449,500 and 5001 S. Flores St: vacant lot that could be parking for 5003 or another structure on the hard corner: $50,000. Price for Portfolio of 2: $499,500 Investment Highlights: Seller Financing Options Available! Portfolio Pro Forma Cap Rate 7.40% +/-8,000 VPD at Flores and Young and 10,000 VPD at Division and Flores 5003 S Flores St recently renovated.

Details

Property type

Lot size

9,518 sq ft

Price per sq ft

$123

Year built

1996

Annual property taxes

$12,358.96

Price History

07/02/2024
SanAntonio

SanAntonio #1775220

Price change
$499,500
-10.72%
05/15/2024
SanAntonio

SanAntonio #1775220

Listed
$559,500

Schools & Community

Elementary school: 

Call District

Middle school: 

Call District

High school: 

Call District

School district: 

Harlandale I.S.D

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Barker Family Trust

Loan start date

December 2022

Original loan amount

$252,500

Est. remaining balance

Not provided

Interest rate

6.92%

Loan type

Commercial

Seller

Xant Llc

Lender

Certain Lending Inc

Loan start date

April 2021

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial, 2 year

Seller

Xant Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/20/2024 at 12:35 AM

Listing updated: 08/01/2024 at 12:54 PM

Listed by: Deatrice Driffill, Coldwell Banker D'Ann Harper, REALTOR Phone #: (210) 483-6400

MLS: SanAntonio #1775220

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