$3,250,000
SqFt
4.50 Acre Lot
196,020 Sqft Lot
Price Type
Status Active
Property Type Other – See Remarks
Year Built 2005
Days on Website 98

Property Map

$3,250,000 – 3999 State Highway 16 S, Bandera, TX 78003

Street View

Courtesy of JVL Real Estate, Jerrett Lamb {attribution_contact}

Description

The CrossRoads Valero Convenience Store, Gas Station, 5-Bay Self Serve Carwash with Retail, Office and Courtyards is being placed on the market after 3-years of extensive renovations by the current Owners. The property was branded with a new Valero Lighted Canopy with new Wayne Dispensers and Valero signage. Building interiors have been completely updated with new sheetrock, foam insulation and C-store cooler has been renovated and converted to new cooling system. The 5-Bay Coin Operated Self-Serve Carwash has been completely upgraded with new pumps/hoses and offers heated water, reverse osmosis and water softener with storage for the best wash quality in the area. The vacuum canopy was replaced and new vacuums installed in 2022 as well as security monitoring. There is a separate brick building comprising 1,200sf and is leased on a 3-year term with escalations to a local Plumbing Company with additional land being occupied by an Equipment Rental Company. This is an excellent opportunity to purchase a cash-flowing property as an Owner/Operator or an addition to an existing Convenience Store portfolio.

Property Details and Features

Listing

  • Listing date: 2024-02-08 06:00:00
  • 97 days on market
  • 97 cumulative days on market

Location

  • County: Bandera
  • Area: 2400

Building

  • Apartment is 1,200 square feet
  • Built in 2005
  • Approximate age: 19
  • Building/center name: CROSSROADS VALERO
  • Brick
  • Metal
  • Rock/Stone Veneer
  • Steel Frame
  • Metal Structure
  • Other
  • 2,900 office square feet
  • 1,600 other square feet
  • 3,900 retail square feet
  • 2 stories
  • 3 buildings

Foundation

  • Slab

Roof

  • Metal

Accessibility Features

  • Ext Door Opening 36+
  • 36 inch or more wide halls
  • Hallways 42 Wide
  • Entry Slope less than 1 foot
  • Flooring Modifications
  • Grab Bars in Bathroom(s)
  • Ramped Entrance
  • Level Lot
  • Level Drive
  • First Floor Bath
  • Thresholds less than 5/8 of an inch
  • Wheelchair Accessible
  • Wheelchair Adaptable

Amenities

  • Exterior Lighting
  • Security System
  • High Speed INternet
  • Fenced Storage Yard
  • Inside Storage
  • Outside Storage
  • Public Restroom
  • Security Lighting

Interior Features

  • Ceiling height: 10

Cooling

  • Central
  • Individual Meters
  • Three+ Central
  • Other

Heating

  • Central
  • Panel
  • 3 Units
  • Other

Lot

  • Lot size: 4.5

Property

  • Zoning: NONE

Schools

  • School district: Bandera Isd

Miscellaneous

  • Gross income: 1326000.00
  • Monthly lease: $0
  • Insurance: 8864.00
  • None
  • Grade Level
  • No
  • None
  • 2 drive-in doors
  • 3 rentals
  • 50 parking spaces
  • 3 units
  • Other tax: 762.51

Taxes

  • Total tax: $13,173
  • City tax: $0
  • County tax: $4,912
  • $7,498 school tax
  • Property Tax ID: 11501000000060

Utilities

  • Gas and electric: 18200.00
  • Gas utility supplier: Propane
  • Electric utility supplier: BEC
  • Garbage utility supplier: Private
  • Water utility supplier: Well
  • Sewer utility supplier: Septic
  • Waste removal: 2496.00
  • Electricity
  • Gas
  • Water
  • Telephone
  • Septic

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