12064 Park Road 37

Lakehills, TX 78063

12064 Park Road 37

Lakehills, TX 78063

$189,900

10
6 months, 5 days, 7 hours, 17 minutes on market
StatusActive
Year Built1955
CountyBandera
Flooring
Lot Size0.351
Parking
Total Stories
CoolingWindow, Wall, Other
School District Bandera Isd
Schools
Fireplace
Property Type Multi-Use

Property Details

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!




Courtesy of Leverage Realty Consulting Group

This real estate information comes in part from the Internet Data Exchange/Broker Reciprocity Program . Information is deemed reliable but is not guaranteed.
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