Asif Aly Purchases Development Site From Francis Mor With Seller's Representative Nabeel Ali In San Antonio
8630 Northwest Military Highway
Building Size
78,408 SF
Asset Type
Development Site
Closing
Jan 8, 2026
AI
The transaction involved a development site located at 8630 Northwest Military Highway in San Antonio, spanning 78,408 square feet. This site is designated for gas station and retail development, with a total area of 1.8 acres.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: 8630 Northwest Military Highway
- Market: San Antonio
- Buyer: Asif Aly
- Seller: Francis Mor
- Seller's Representative: Nabeel Ali - Keller Williams Realty
Nabeel Ali of Keller Williams Commercial represented the seller in this deal and facilitated comprehensive pre-closing support, including coordination of entitlement work with various engineers in the San Antonio area.
Players
San Antonio Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93