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12064 Park Road 37

Lakehills, TX 78063
  • $189,900
  • STATUS: Price Change
  • MLS #: 1875285
Price Reduced
UPDATED: 34 min ago
$189,900
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,500
    SQFT
  • $12
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1955
County:
Area:

School Ratings & Info

School District:

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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© 2025 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sapphire Properties Team | Keller Williams Real Estate. Last updated 2025-07-12T23:33:13.637.
www.sapphirepropertiesteam.com/homes/164853044
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12064 Park Road 37 Lakehills, TX 78063

  • Price: $189,900
  • Status: Price Change
  • On Site: Days
  • Updated: 34 min ago
  • MLS #: 1875285
0
Beds
0
Baths
0
½ Baths
0.35
Acres
15,500
SQFT
$12
$/SQFT
1955
Built
Neighborhood:
Lakehills
County:
Bandera
Area:
Lakehills
School District:
Bandera Isd
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!
Exterior Features

Construction WoodBrickMetalOther Drive In Doors 0 Foundation SlabOther Loading Facilities Grade Level Lot Dimensions Length 87 Lot Dimensions Width 179 Rail Service No Roof Metal Total Parking 10

Interior Features

Air Conditioning WindowWallOther Ceiling Height 7 Heating 3 Units Office Sq Ft 604 Other Sq Ft 15500 Retail Sq Ft 604

Property Features

Amenities Exterior LightingSecurity SystemHigh Speed INternetFenced Storage YardInside StorageOutside StorageLiving AreaPublic Restroom Annual Tax 846.73 Approx Age 70 Available With Lease No Building Center Name FORMER RETAIL BUSINESS City Tax 0 Commercial Type Multi-Use County Tax 338.99 Flood Plain None Gross Income 26400 Income Expenses Forecast Insurance 1500 Lease Only No Maintenance 1000 Monthly Lease 0 Net Leasable Area 15500 Net Operating Income 22053.27 Other Tax 27.28 Potential Short Sale No Proposed Terms Sale OnlyCashConventionalOther Rentals 3 Restrictions Other Sale Includes BuildingsLandEquipmentFixturesOther School Tax 480.46 Total Tax 846.73 Utilities ElectricityWaterTelephoneSepticCable TVOther Utility Supplier Elec BEC Utility Supplier Garbage Private Utility Supplier Gas Private Utility Supplier Other GVTC Utility Supplier Sewer Septic Utility Supplier Water Private Well Waste Removal 1000 Zoning UNRESTRICTED: RESIDENTIAL

Listing information © Copyright 2025 San Antonio Board of REALTORS®, All Rights Reserved.
Listing provided courtesy of Thomas Martinez of Leverage Realty Consulting Group: Thomas@HireLeverageGroup.com, (210) 878-6683.


© 2025 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sapphire Properties Team | Keller Williams Real Estate. Last updated 2025-07-12T23:33:13.637.
 
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