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    Ernest Brown, San Antonio, TX

    License ID: 345892
    Rohde Ottmers Siegel Realty
    Association
    South Texas Commercial Association Of Realtors

    Contact details

    Phone:
    (210) 366-1400
    Office Address:
    219 Coronet, San Antonio, TX, 78216

    Performance

    Listings
    14

    Listings

    For Sale (11)

    View map
    • $2,326,656
      10 SF

      10.79 Acres Near Amazon Center

      Approximately 10.79 acres of commercial land for sale.
      St. Hedwig Rd, San Antonio, TX 78219
      View Details
    • $629,616
      2 SF

      Land Near Amazon Center

      Approximately 2.92 acres of land for sale.
      6783 Farm To Market 1346, San Antonio, TX 78220
      View Details
    • $592,960
      2 SF

      Land Near Amazon Distribution Center

      Approximately 2.75 acres of land south of Amazon.
      6783 Farm To Market 1346, San Antonio, TX 78220
      View Details
    • $3,700,000
      18,861 SF

      Lookout Road Land For Sale

      Land with frontage and industrial zoning available for sale.
      17340 Lookout Rd, Schertz, TX 78154
      View Details
    • $4,500,000
      4 SF

      Hotel Development Land Available

      4.338 acres for hotel development near San Antonio Airport.
      8610 Mccullough Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      2 SF

      Land with Highway Visibility

      Two-acre commercial land with access to major highways.
      10735 Highway Dr U.s, San Antonio, TX 78223
      View Details
    • $500,000

      Redevelopment Land Tract For Sale

      0.55 acre land tract near Highway 1604.
      7434 Green Glen Dr, San Antonio, TX 78255
      View Details
    • $536,659
      35,825 SF

      Land Near Ingram Mall

      Land for sale behind Ingram Mall in San Antonio, Texas.
      6321 Lealand, San Antonio, TX 78238
      View Details
    • Contact for pricing
      22,708 SF

      Former Restaurant Available For Sale

      Turn-key restaurant opportunity in Webb County.
      8915 San Dario Ave, Laredo, TX 78045
      View Details
    • $7,000,000
      48,159 SF

      San Antonio Shopping Center For Sale

      Shopping center in Castle Hills area of San Antonio, Texas.
      2267 NW Military Hwy, San Antonio, TX 78213
      View Details
    • $3,500,000
      22,404 SF

      Freestanding Building on 1.39 Acres

      22,404 SF building with additional 1.22 acres.
      4927 Golden Quail, San Antonio, TX 78240
      View Details

    For Lease (3)

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    • Contact for pricing
      1,420 SF

      Office Space Available For Rent

      Office space available for rent in San Antonio, TX.
      8438 Fountain Cir, San Antonio, TX 78229
      View Details
    • $16 SF/Yr

      Land Available For Lease

      Land available for lease in San Antonio, Texas.
      11238 Old Corpus Christi Hwy, San Antonio, TX 78223
      View Details
    • $16 SF/Yr
      33,500 SF

      San Antonio Warehouse Space Available

      33,500 SF warehouse space for lease in San Antonio.
      11240 Old Corpus Christi Rd, San Antonio, TX
      View Details

    Leases and Sales on Map

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    • For Lease

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    Ernest Brown, San Antonio, TX
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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