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20,000 sqft

$650,000

4951 FM 1283, PIPE CREEK TX, 78063

Price per sqft$32.50
Built in1997
Property size20,000 sqft
Property typeCommercial

Overview

Active

Act

Listed Jun 5, 2026

Updated 2 days ago

High Cash Flow Mixed-Use Investment. 70% Occupied. Net Operating Income Positive As-Is at a 8.67% Cap Rate. Pro Forma Cap Rate 22%. Hill Country Market Place is an income-producing mixed-use asset located in the rapidly growing northwest San Antonio corridor, strategically positioned between Helotes, Bandera, Lakehills/Medina Lake, and Alamo Ranch. This property offers investors an exceptional opportunity to acquire a cash flowing commercial center with significant upside, anchored by a well-established restaurant, bar and entertainment venue, and custom cabinetry manufacturing and fabrication warehouse, office, and industrial yard for delivery and fleet vehicles. The center offers 20,000 square feet of lease space on just over 1 acre of land, with an approximate 65 parking spaces, situated on a corner parcel on the FM 1283 thoroughfare that experiences 4,000 average vehicles per day. The property is currently ~70% occupied and producing income, with a pro-forma NOI of approximately $143,000, delivering a projected cap rate exceeding 22%. The existing tenancy provides immediate cash flow, while remaining vacancy and operational upside create strong buyer position on day one. Property includes a food truck/RV hookup, an upstairs apartment, and community and ensuite restrooms. Schedule your tour today!

Other Property Details

Taxes
$7,339
Tax Frequency
Annually
Maintenance Expense
$360
MLS provider logo

Courtesy of Thomas Martinez, Leverage Realty Consulting Group

Listing Contact: (800) 401-0199

Source:  ©2026 Local Expertise Regional Access

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Local Expertise Regional Access®. 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. Real estate listings held by brokerage firms other than Side, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Copyright © [[year] Local Expertise Regional Access®. All Rights Reserved.

Data last updated 1:15 AM UTC, 10/6/2026

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