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    Property profile & analytics

    7302 Louis Pasteur Dr San Antonio, TX 78229-4508

    • Strip malls
    • 8,591 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimations
    $465,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4414172
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • House of RhythOM / Yoga Studio
    • Sushito at the Medical Center / Sushi Takeaway
    • Jimmy John's / Delivery Restaurant / Takeout Restaurant
    • Community Pharmacy / Pharmacy
    • Community Walgreens Pharmacy / Pharmacy

    Property Details for 7302 Louis Pasteur Dr

    Year built
    2006
    Lot size
    0.94 lot acres
    Property size
    8,591 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    12811-001-0203
    APU
    128110010203

    Description

    This exceptional 2,195-square-foot retail or restaurant space is ideally situated at 7302 Louis Pasteur Drive in San Antonio, Texas, within the vibrant South Texas Medical Center. The property boasts a single-tenant occupancy and is currently vacant, presenting a unique opportunity for immediate possession. Its strategic location within the Medical Center ensures high visibility and foot traffic, benefiting from the constant flow of medical professionals, patients, and visitors. The C-2 zoning allows for a variety of commercial uses, providing flexibility for potential tenants. The building's total square footage is 2,195 square feet, all of which is currently available. This property is located in Bexar County, Texas, with a zip code of 78229. The address is easily accessible and benefits from excellent visibility due to its placement within the bustling Medical Center. This presents a rare chance to establish a business in a high-traffic, high-demand area with a strong existing customer base. The property is ready for immediate occupancy and customization to suit a variety of commercial needs. This is an excellent investment opportunity in a thriving and growing area of San Antonio.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $470,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $390,000
      Market price range: $201k - $391k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5755
    Latitude
    29.502
    CBSA code
    41700
    CBSA name
    SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $57,417
    $898,260
    $1,601,740
    $2,500,000
    -
    $898,260
    $1,601,740
    $2,500,000

    Comparable in this City

    • Value Estimation
      $470,000
      10,922 SF

      7338 Louis Pasteur Dr

      SHOPPING CENTER, STRIP CENTER • 10,922 SF
      7338 Louis Pasteur Dr, San Antonio, TX 78229-4586
      View Details
    • Value Estimation
      $900,000
      57,943 SF

      4923 Loop 410

      SHOPPING CENTER, STRIP CENTER • 57,943 SF
      4923 Loop 410, San Antonio, TX 78229-5346
      View Details
    • Value Estimation
      $550,000
      12,135 SF

      4907 Loop 410

      SHOPPING CENTER, STRIP CENTER • 12,135 SF
      4907 Loop 410, San Antonio, TX 78229-5386
      View Details
    • Value Estimation
      $705,000
      23,388 SF

      1723 Babcock Rd

      SHOPPING CENTER, STRIP CENTER • 23,388 SF
      1723 Babcock Rd, San Antonio, TX 78229-4622
      View Details
    • Value Estimation
      $425,000
      14,184 SF

      8110 Fredericksburg Rd

      SHOPPING CENTER, STRIP CENTER • 14,184 SF
      8110 Fredericksburg Rd, San Antonio, TX 78229-3312
      View Details
    • Value Estimation
      $415,000
      7,644 SF

      5402 Gln Rdg Dr

      SHOPPING CENTER, STRIP CENTER • 7,644 SF
      5402 Gln Rdg Dr, San Antonio, TX 78229-5432
      View Details

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    Similar Nearby for Lease

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      Retail Space Near Medical Center

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    • $19 SF/Yr
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      Snowden Plaza: San Antonio Office Space

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      11,150 SF

      Wurzbach Rd Retail Space - San Antonio

      Prime San Antonio retail space, 11,150 sq ft.
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      View Details
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    San Antonio, TX 78229-4508
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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.

    More about this property
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