Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    La Quinta Inn & Suites Title is generated by Realmo AI

    110 Bmt Dr, Jourdanton, TX 78026

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    La Quinta Inn & Suites in Jourdanton, Texas for sale.

    Type:Business for Sale, Hospitality, Special Purpose
    Property size:
    34,545 SF
    Lot size:
    1.59 Acres
    Price / SF:
    $159/SF
    Added:
    Oct 15, 2024
    Days on Market:
    599
    Last Refresh:
    May 12 at 9:12 pm

    Property Features for 110 Bmt Dr

    General Information

    Standard status
    Active
    Size
    34,545 SF
    Lot size
    1.59 Acres
    Property subtype
    Business for Sale, Hospitality, Special Purpose

    Building Details

    Year Built
    2013

    We can help!

    Listing Contact
    Rav Singh, CCIM

    Listing agent Rav Singh, CCIM License #TX 0560351

    Listing office KW Commercial

    Listing date Oct 15, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial

    HighLights

    • #1 La Quinta hotel in the region.
    • Built in 2013, offering modern construction and amenities.
    • Conveniently located off State Highway 97, 40 miles from San Antonio.
    • Features 63 rooms with guest amenities.
    • Includes an outdoor pool.
    • Sits on 1.59 acres with ample parking.

    Overview

    The La Quinta Inn & Suites, constructed in 2013, is located in Jourdanton, Texas, near State Highway 97, approximately 40 miles from San Antonio. The hotel features 63 rooms and guest amenities, including an outdoor pool. Situated on a 1.59-acre lot, the property provides ample parking for guests, visitors, and staff. The building's exterior is 100% LQUP complete. The property is currently purposed as a hotel.
    Property Profile Location Intelligence

    Current Use by Public Records

    La Quinta Inn ... Hotel & Motel

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jourdanton
    County
    Atascosa
    State
    Texas
    Longitude
    -98.530732
    Latitude
    28.92526

    Nearby Similar for Sale

    • $348,500
      2,670 SF

      Jourdanton Multifamily Investment Opportunity

      Multifamily property in Jourdanton, TX with low vacancy rate.
      1103 Maple, Jourdanton, TX 78026
      View Details
    • $8,061
      5,374 SF

      Commercial/Retail Space on Highway 97

      5,374 sq ft commercial/retail space with highway exposure.
      1753 Highway 97 E 3, Jourdanton, TX 78026
      View Details
    • $495,000
      3,923 SF

      Jourdanton Hardware Store Opportunity

      Original hardware store with additional lot in Jourdanton's business district.
      1308 Simmons Ave, Jourdanton, TX 78026,
      View Details
    • $6,200,000

      La Quinta Inn & Suites

      63-room hotel near San Antonio with value-add potential.
      110 Bmt Drive, Jourdanton, TX 78026
      View Details
    • $1,400,000
      5,374 SF

      Versatile Retail/Office Space Available

      Adaptable commercial space with highway exposure and ample parking.
      1753 E State Hwy 97, Jourdanton, TX
      View Details
    • Contact for pricing
      15,465 SF

      Self Storage Facility For Sale

      15,465 SF drive-up self storage facility with expansion potential.
      907 Simmons Ave, Jourdanton, TX
      View Details
    • $199,000

      Retail or Office Opportunity

      Commercial building suitable for retail or office use.
      791 S Hwy 16, Jourdanton, TX 78026
      View Details

    FAQs

    What type of property is this?
    Hotel - La Quinta Inn & Suites in Jourdanton, Texas for sale.
    Where is this hotel located?
    The property is located at 110 Bmt Dr Jourdanton, TX.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: #1 La Quinta hotel in the region.; Built in 2013, offering modern construction and amenities.; Conveniently located off State Highway 97, 40 miles from San Antonio.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rav Singh, CCIM
    Real Estate License ID: TX 0560351
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    110 Bmt Dr, Jourdanton, TX 78026
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!