Add Listing
    For Sale
    • 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

    401 10th St Floresville, TX 78114

    View on Map
    Claim this Listing
    For Sale
    $4,181,760

    Land, Other - Floresville, TX

    Type:Mixed Use
    Added:
    Apr 17, 2026
    Days on Market:
    11
    Last Refresh:
    Apr 27 at 5:06 am

    Property Features for 401 10th St

    General Information

    Property type
    Land
    Property subtype
    Mixed Use
    Zoning
    Commercial Mixed Use Development
    Standard status
    Active

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Todd Avery

    Listing agent Todd Avery

    Listing office Engel & Völkers San Antonio 1207 N. Loop 1604 West, San Antonio, TX

    Listing date Apr 17, 2026

    MLS# AM-5048514 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Floresville Land Near US Hwy

    This property features frontage on US Hwy 181 N in Floresville, less than a half mile from Wal-Mart and adjacent to the hospital complex. The location is suitable for an assisted living facility or other medical offices. The area is experiencing growth due to its proximity to San Antonio, with new car dealerships and businesses moving in. National home builders have purchased land nearby for new subdivisions. This property presents an opportunity for investment or development. The seller is open to selling all or part of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Floresville
    County
    Wilson
    State
    Texas
    Longitude
    -98.1743488
    Latitude
    29.1587301

    Nearby Similar for Sale

    • $125,000

      Floresville Land with Road Frontage

      1.5 acres in Floresville, TX, ideal for residential or commercial.
      775 & 769 4th, Floresville, TX 78114
      View Details
    • $625,000

      Unrestricted 50 Acres in Floresville

      Prime South Texas land with creek, oaks, and no restrictions.
      558 Ramos Ln, Floresville, TX 78114
      View Details
    • $100,000

      Expansive Lot in Floresville, TX

      Over 1 acre to build your dream home.
      573 COUNTY ROAD 405, Floresville, TX 78114
      View Details
    • $100,000

      Expansive Lot in Floresville, TX

      Over 1 acre to build your dream home.
      593 COUNTY ROAD 405, Floresville, TX 78114
      View Details
    • $100,000

      Expansive Lot in Floresville, TX

      Over 1 acre to build your dream home.
      371 COUNTY ROAD 405, Floresville, TX 78114
      View Details
    • $114,990

      Residential Lot in Floresville, TX

      1.6-acre residential lot for a custom-built home.
      1593 11th St, Floresville, TX 78114
      View Details
    • $60,000

      Cleared Corner Lot in Floresville

      0.75-acre corner lot ready for your dream home.
      1306 B St, Floresville, TX 78114
      View Details
    • $55,000

      Residential Land in Floresville, TX

      Vacant lot perfect for building a dream home or investment.
      1900 Chukar Street lot: 1, Floresville, TX 78114
      View Details
    • $55,000
      17,640 SF

      Residential Land in Floresville, TX

      Vacant lot in Floresville, TX, ideal for building.
      1900 CHUKAR ST, Floresville, TX 78114
      View Details
    • $180,000

      Residential Land in Shannon Ridge

      5 acres of residential land in Floresville, Texas.
      210 SHAMROCK DR, Floresville, TX 78114
      View Details
    • $65,000

      Residential Lot in Floresville, TX

      0.99-acre residential lot in Wilson County, near Floresville.
      146 County Road 166, Floresville, TX 78114
      View Details
    • $7,400,146

      Prime Land in Floresville, TX

      26.136 acres in prime Floresville location, suitable for development.
      1218 U.S. Hwy 181 N, Texas, USA, Floresville, TX 78114
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Land with frontage on US Hwy 181 N in Floresville.
    Where is this mixed-use property located?
    The property is located at 401 10th St Floresville, TX.
    What is the asking price?
    The asking price for this property is $4,181,760.
    What are key features of this property?
    This property features: Prime location on US Hwy 181 N, near Wal‑Mart and adjacent to the hospital complex.; Ideal for development as an Assisted Living facility or medical offices due to proximity to the hospital.; Located in Floresville, experiencing rapid growth due to its proximity to San Antonio.
    (210) 490-3939
    We can help!
    Listing Contact
    Todd Avery
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!