Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1635 Somerset Rd San Antonio, TX 78211

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1,350 SF retail space in excellent condition for lease.

    Property size:
    1,350 SF
    Lot size:
    0.53 Acres

    Property Features for 1635 Somerset Rd

    General Information

    Size
    1,350 SF
    Lot size
    0.53 Acres

    We can help!

    Listing Contact
    William Mcdonough
    William Mcdonough
    Source: Moodyscre

    Listing Agent: William Mcdonough

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

    Learn more

    Overview

    Retail Space at Major Intersection

    This 1,350 square foot retail space is located facing the major intersection of SW Military and Somerset. The space offers a flexible floor plan and is in excellent condition. The trade area of SW Military includes national credit retailers such as Sam's Club, Chick-fil-A, Starbucks and The Home Depot.
    Location Intelligence

    Current Use by Public Records

    Affiliated Insurance Agency, ... Insurance Agency 1st Franklin Financial Loan Agency Family Ties Counseling ... Counselor La Botanita Ice ... Ice Cream Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.5486454
    Latitude
    29.3584486

    Nearby Similar for Lease

    • $2,000 /Mo

      San Antonio Commercial Kitchen For Rent

      Equipped commercial kitchen with dining area near I-10 and Loop 410.
      1855 Rigsby Ave, San Antonio, TX 78210
      View Details
    • Contact for pricing
      956 SF

      Modern Office Space Available

      Office space with modern amenities in a prime location.
      1175 W Bitters Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing
      1,997 SF

      Stone Oak Medical Office Space

      Move-in ready suites near North Central Baptist Hospital.
      540 Madison Oak Dr, San Antonio, TX 78258
      View Details
    • $975 /Mo

      Comfortable Apartment with Outdoor Space

      Inviting 2-bed, 1.5-bath apartment with convenient community amenities.
      2802 Lasses Blvd, San Antonio, TX 78223
      View Details
    • $26 SF/Yr
      3,542 SF

      Prime Olmos Park Storefront Space

      3,543 SF retail/office space in a high-traffic location.
      250 West Olmos Dr, San Antonio, TX 78212
      View Details
    • Contact for pricing
      8,000 SF

      Prime Retail Space Available

      Located in a rapidly growing city with strong economic drivers.
      212 College St, San Antonio, TX 78205
      View Details
    • $17 SF/Yr
      3,007 SF

      Northwest San Antonio Flex Office

      Gated tech center near I-10 and University of Texas.
      5811 W Hausman Rd, San Antonio, TX 78249
      View Details
    • $24 SF/Yr
      86,020 SF

      Class A Office Building For Lease

      New Class A office building in Farinon Business Park.
      5818 Farinon Dr, San Antonio, TX 78249
      View Details
    • $26 SF/Yr
      4,527 SF

      Class A Office Space Available

      Elegant office building in San Antonio's popular northwest.
      410 4801, San Antonio, TX
      View Details
    • Contact for pricing
      29,586 SF

      Premier Office Space with Amenities

      High-end office space with extensive on-site amenities.
      19100 Ridgewood Pkwy, San Antonio, TX 78259
      View Details
    • $30 SF/Yr
      2,108 SF

      Redevelopment Opportunity on Hard Corner

      Former gas station suitable for redevelopment with high traffic volume.
      6325 Bandera Rd, San Antonio, TX 78238
      View Details
    • Contact for pricing
      3,082 SF

      Retail Space in South Park Mall

      Retail space available in a renovated, high-traffic shopping mall.
      2310-2400 SW Military Dr, San Antonio, TX 78224
      View Details

    FAQs

    What type of property is this?
    Retail space - 1,350 SF retail space in excellent condition for lease.
    Where is this retail space located?
    The property is located at 1635 Somerset Rd San Antonio, TX.
    What are key features of this property?
    This property features: - Located at the major intersection of SW Military and Somerset.; - 1,350 SF of space.; - Flexible floor plan.
    (210) 623-0660
    Request Owner's contact information
    1635 Somerset Rd San Antonio, TX 78211
    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.
    1635 Somerset Rd
    San Antonio, TX 78211
    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
    1635 Somerset Rd San Antonio, TX 78211
    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

    We can help!
    Listing Contact
    William Mcdonough
    William Mcdonough
    (210) 623-0660
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.