Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2301 Pat Booker Rd Universal City, TX 78148-3207

    • Turn key restaurants
    • 7,745 SF
    • 1.35 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0874719
    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

    • Turn key restaurants

    Property Details for 2301 Pat Booker Rd

    Year built
    1995
    Lot size
    1.35 lot acres
    Property size
    7,745 SF
    Property type
    Turn key restaurants
    APN
    05047-951-0030
    APU
    50479510030

    Description

    This exceptional investment opportunity presents a 7,745 square foot, 100% occupied, Golden Corral restaurant in Universal City, Texas. Located on a 1.35-acre lot at 2301 Pat Booker Rd, this property boasts a 20-year absolute NNN lease with a 7.00% cap rate and $256,000 annual NOI. The lease includes 10% rent bumps every five years and three five-year options. The tenant, Golden Corral, recently completed a $600,000 renovation. This prime location within the San Antonio MSA benefits from high visibility, easy highway access (I-35 and Loop 1604), and proximity to Randolph Air Force Base and numerous other retailers. The strong demographic profile within a 5-mile radius, featuring over 220,000 residents and an average household income of nearly $100,000, further enhances the investment's appeal. Built in 1995 and renovated in 2025, this property offers a secure, long-term investment with significant upside potential. The asking price is $3,657,143.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Universal City
    County
    Bexar
    State
    Texas
    Longitude
    -98.3149
    Latitude
    29.5546
    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
    $39,299
    $832,160
    $879,840
    $1,712,000
    -
    $832,160
    $879,840
    $1,712,000

    Comparable in this City

    • Value Estimation
      $360,000
      2,842 SF

      333 Aviation Blvd

      RESTAURANT • 2,842 SF
      333 Aviation Blvd, Universal City, TX 78148-4501
      View Details
    • Value Estimation
      $460,000
      2,345 SF

      1813 Pat Booker Rd

      RESTAURANT • 2,345 SF
      1813 Pat Booker Rd, Universal City, TX 78148-3436
      View Details
    • Value Estimation by Request
      3,339 SF

      122 Pat Booker Rd

      RESTAURANT • 3,339 SF
      122 Pat Booker Rd, Universal City, TX 78148-4426
      View Details
    • Value Estimation
      $395,000
      1,472 SF

      314 Pat Booker Rd

      RESTAURANT • 1,472 SF
      314 Pat Booker Rd, Universal City, TX 78148-4430
      View Details
    • Value Estimation by Request
      9,359 SF

      3136 Pat Booker Rd

      RESTAURANT • 9,359 SF
      3136 Pat Booker Rd, Universal City, TX 78148-2726
      View Details
    • Value Estimation
      $335,000
      1,488 SF

      108 Lindbergh Blvd

      RESTAURANT • 1,488 SF
      108 Lindbergh Blvd, Universal City, TX 78148
      View Details

    Similar Nearby for Sale

    • $650,000
      1,472 SF

      Restaurant Opportunity Near Randolph AFB

      Restaurant property for sale near Randolph Air Force Base.
      314 Pat Booker Rd, Universal City, TX 78148
      View Details
    • $415,000

      Large Building with Indoor Drive-Thru

      Large building with indoor drive-thru on a large lot.
      1526 Pat Booker Rd, Universal City, TX 78148
      View Details
    • $600,000

      Established Automotive Shop For Sale

      Family-owned automotive shop with prime location and loyal customer base.
      119 W Lindbergh Blvd, Universal City, TX 78148
      View Details
    • $3,000,000
      10,390 SF

      Universal City Medical/Retail Property

      Two-tenant medical/retail property in Universal City, Texas.
      2101 Pat Booker Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      137,790 SF

      Retail Center in Universal City

      Retail property in a densely populated, established retail corridor.
      2935 Pat Booker Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      29.00 Acres

      Prime Universal City Retail Land

      29 Acres, Retail & Multifamily Potential
      0 1604 & Byrd, Universal City, TX 78148
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      102,527 SF

      Prime Universal City Retail Space

      15,893 SF Retail Space - High Traffic Location
      3150 Pat Booker Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      2,170 SF

      Universal City Retail Space Available

      Retail spaces available near Randolph AFB, Universal City, Texas.
      520 Kitty Hawk Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      1 SF

      Kitty Hawk Retail Pad Sites

      Prime Universal City Retail Land, 1-5 Acres
      1604 And Kitty Hawk, Universal City, TX 78148
      View Details
    • Contact for pricing
      13,828 SF

      Coronado Square Retail Spaces Available

      Prime Universal City Retail, 3 Spaces
      2318 Pat Booker Rd, Universal City, TX 78148
      View Details
    • $17 SF/Yr
      15,893 SF

      Prime Universal City Retail Space

      15,893 SF Retail Space - NNN Lease
      3150 Pat Booker Rd, Universal City, TX 78148
      View Details
    • $1.50 SF/Yr
      9,000 SF

      Retail Space For Rent

      New construction retail space available for lease.
      2405 Pat Booker Rd, Universal City, TX 78148
      View Details
    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.
    2301 Pat Booker Rd
    Universal City, TX 78148-3207
    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.

    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
    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.