Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6300 New Braunfels Ave Alamo Heights, TX 78209
    Back to Search
    Property profile & analytics

    6300 New Braunfels Ave Alamo Heights, TX 78209

    View on Map
    • Lifestyle centers
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 6300 New Braunfels Ave

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Sunset Ridge offers a prime retail opportunity in the affluent Alamo Heights area of Bexar County, Texas. This historic shopping center boasts a highly desirable location at 6300 N New Braunfels Ave, zip code 78209, providing excellent accessibility to affluent neighborhoods including Alamo Heights, Terrell Hills, Olmos Park, and Monte Vista. The property is conveniently situated less than a mile from Alamo Heights High School, with easy access from both North New Braunfels Avenue and Brees Boulevard. The center is classified as a multi-tenant retail property, with a current vacancy of 1,889 square feet. A minimum of 2,425 square feet is available for lease, making it ideal for a variety of retail or restaurant uses. This presents a unique chance to establish a business within a well-established and high-traffic shopping center in a highly sought-after area of San Antonio. The property's location ensures high visibility and convenient access for customers. The existing infrastructure and established clientele base provide a strong foundation for success. This is an exceptional opportunity for businesses seeking a prominent location in a thriving community. The property is categorized as a shopping center, retail, and restaurant space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alamo Heights
    County
    Bexar
    State
    Texas
    Longitude
    -98.4592
    Latitude
    29.4892

    Comparable in this City

    • Value Estimation by Request
      146,803 SF

      1230 Austin Hwy

      Restaurants • 146,803 SF
      1230 Austin Hwy, San Antonio, TX 78209
      View Details
    • Value Estimation by Request
      4,878 SF

      3100 Broadway

      MINI-MALL • 4,878 SF
      3100 Broadway, San Antonio, TX 78209-1566
      View Details
    • Value Estimation
      $2,825,000
      137,409 SF

      1246 Austin Hwy

      MINI-MALL • 137,409 SF
      1246 Austin Hwy, San Antonio, TX 78209-4820
      View Details
    • Value Estimation
      $1,845,000
      51,975 SF

      1235 Austin Hwy

      MINI-MALL • 51,975 SF
      1235 Austin Hwy, San Antonio, TX 78209-4548
      View Details
    • Value Estimation
      $570,000
      11,465 SF

      1464 Austin Hwy

      SHOPPING CENTER, STRIP CENTER • 11,465 SF
      1464 Austin Hwy, San Antonio, TX 78209-4453
      View Details
    • Value Estimation by Request
      7,196 SF

      1008 Loop 410

      SHOPPING CENTER, STRIP CENTER • 7,196 SF
      1008 Loop 410, San Antonio, TX 78209-1201
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,222 SF

      Retail Land in San Antonio

      Commercial land suitable for retail use in San Antonio.
      3700 Broadway St, San Antonio, TX 78209
      View Details
    • Contact for pricing
      7,472 SF

      Alamo Heights Corner Property

      Iconic corner property in Alamo Heights with development potential.
      5050 Broadway St, San Antonio, TX 78209
      View Details
    • Contact for pricing
      7,543 SF

      Retail Space on Loop 410

      Retail property with high visibility and traffic in San Antonio.
      1446 Loop 410 SW, San Antonio, TX 78209
      View Details
    • Contact for pricing
      4,462 SF

      Retail or Office Building

      Single-tenant building with high visibility and accessibility on Broadway.
      3703 Broadway St, San Antonio, TX 78209
      View Details
    • $495,000
      0.34 Acres

      Residential Land in Desirable Location

      0.34 acre lot in 78209 zip code near Alamo Heights.
      8222 Country Lane Ct, San Antonio, TX 78209
      View Details
    • Contact for pricing

      Land Available in Alamo Heights

      80,000 SF land for lease in desirable location.
      350 W Sunset Rd, San Antonio, TX 78209
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Lease

      Retail space for lease at 1455 Austin Hwy, San Antonio.
      1455 Austin Hwy, San Antonio, TX 78209
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Space Available

      Retail suites available in H-E-B anchored shopping center.
      Nwc Of Broadway & Basse Rd, San Antonio, TX 78209
      View Details
    • Contact for pricing
      1,540 SF

      Retail Space in Park North

      Retail space available in a power shopping center.
      842 Loop 410 NW, San Antonio, TX 78209
      View Details
    • Contact for pricing
      18,248 SF

      Restaurant and Retail Space Available

      Prominent corner location with restaurant and retail spaces for lease.
      1455 Austin Hwy, San Antonio, TX 78209
      View Details
    • Contact for pricing
      1,985 SF

      Broadway Street Second-Generation Bar Space

      4,320 SF bar space on Broadway Street available for rent.
      8211-8217 Broadway St, San Antonio, TX 78209
      View Details
    • Contact for pricing
      1,820 SF

      Retail Space Available For Lease

      Retail property with 1820 square feet available for lease.
      914 Burr Rd, San Antonio, TX 78209
      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.
    6300 New Braunfels Ave
    Alamo Heights, TX 78209
    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

    Thank You for Inquiry
    6300 New Braunfels Ave, Alamo Heights, TX, 78209
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!