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300 Kitty Hawk Rd, Universal City, TX 78148
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Property summary
AI-generated overview
This exceptional Universal City, TX commercial property at 300 Kitty Hawk Rd (near Pat Booker Rd), offers 32,640 square feet of versatile space, ideal for various uses. The two-story building, constructed in 1974 and renovated in 1996, features 7 suites with a minimum divisible space of 500 square feet and a maximum contiguous space of 5,400 square feet. Currently, 7,000 square feet is vacant. The property sits on 3.9 acres and boasts 120 parking spaces, 11-foot ceilings, and electric power. Zoned C3, it's conveniently located near Randolph Air Force Base and offers easy access to Loop 1604 and I-35. The property is classified as Class C and has a tax cost per square foot of $1.85. Multiple tenancy options are available, making it suitable for a range of businesses, from traditional and executive offices to medical offices and creative office spaces, even daycare facilities. This location provides high visibility and accessibility, making it an attractive opportunity for businesses seeking a strong presence in a thriving area. The property's size and layout offer flexibility for various business needs, with ample space for expansion or customization.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1974
Total area
15,267 SF
Lot
3.99 ac (173,761 SF)
APN
05053-840-0051
UPID
US82-0948518
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Party Supply Store Rental Equipment Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.50M
Owner & transaction history
since 2016
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Restaurant
$2.1M
+35.2%
Retail stores
$1.9M
+19.9%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.50M
Value range
$1.35M – $1.64M
±10% around blend
Estimated value / SF
$98 / SF
Confidence
Property data
88
Comparable evidence
60
Income certainty
100
$1.35M
blend $1.50M
$1.64M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
15,267 SF
Lot area
3.99 ac
Year built
1974
Stories
1
APN
05053-840-0051
Assessed value
$2,440,400
Annual tax
$56,019
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$56,019
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.59M
Range $752k – $2.57M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.50M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+35%
vs current-use indication
Retail Stores
Commercial (general) · current use
Auto Repair, Garage
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.68M
Move the market yield to see immediate price impact.
Value / SF
$241
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$232k
$4.64M
$3.31M
$2.58M
$258k
$5.16M
$3.68M
$2.86M
$284k
$5.67M
$4.05M
$3.15M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$56,019
Tax year 2023
Assessed value
$2,440,400
Assessed 2023
Previous assessed
$2,440,400
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$1,051,250
Assessed improvement
$1,389,150
Land market value
$1,051,250
Improvement market value
$1,389,150
Total market value
$2,440,400
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1974
Heating
CENTRAL
Cooling
YES
Buildings
3
Stories
1
Total area
15,267 SF
Lot
3.99 ac (173,761 SF)
APN
05053-840-0051
UPID
US82-0948518
Jurisdiction
BEXAR
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
3.99 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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