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San Antonio commercial property values increase by double digits

June 1, 2017

Compared to this time last year, commercial property value has increased nearly 11% across throughout the city of San Antonio according to the Bexar County Appraisal District. Commercial property in Bexar County has increased to $36.6B up from $33.1B just last year in 2016. Multifamily properties have seen value increases from $12.8B to $15.1B year-over year, a jump of almost 18%. A few among those properties are Weston Centre for example which saw an increase in property value from $79M to $81.6M, 1800 Broadway Apartments, up from $40M to $44M, and Shops at La Cantera from $226M to $228M. Property owners are allowed to appeal these appraisals but likely will not see changes until the summer season.

San Antonio commercial property values increase by double digits