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    116 Somerset Rd San Antonio, TX 78211

    • Commercial real estate
    • 0.71 lot acres
    For Sale
    View listing
    $600,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2938545
    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

    • Commercial real estate

    Property Details for 116 Somerset Rd

    Lot size
    0.71 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.71-acre commercial land parcel presents a unique investment opportunity in San Antonio, Texas. Located at 110-116 Somerset Rd, in the desirable 78211 zip code, this property boasts a prime location with high traffic counts. Somerset Road sees 11,893 vehicles daily, while Zarzamora Street registers an impressive 17,867 daily vehicles, ensuring significant visibility for any future development. The property is zoned RM-4 Residential mixed district, with a Lackland AFB Overlay (MOLD), offering flexibility for a variety of commercial uses. This allows for a diverse range of potential projects, catering to the needs of the surrounding community and taking advantage of the high traffic volume. The expansive lot size provides ample space for construction, ensuring a substantial return on investment. The property is being offered for sale by owner at $600,000, representing a compelling opportunity for discerning investors seeking a strategic location in a thriving market. Situated in Bexar County, this property offers easy access to major transportation routes and amenities, making it an ideal location for a wide range of commercial ventures. Serious inquiries are encouraged to explore the potential of this exceptional property.

    Value Estimations

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5346607
    Latitude
    29.3736304

    Comparable in this City

    • $2,400,300
      34.29 Acres

      Prime San Antonio Industrial Land

      34-Acre Industrial Tract, I-35 Access
      0 New Laredo Hwy, San Antonio, TX 78211
      View Details
    • $42,000
      0.25 Acres

      Corner Lot Near IH-35

      Spacious corner lot with convenient access to IH-35.
      S Somerset Rd, San Antonio, TX 78211
      View Details
    • $524,900

      San Antonio Land For Sale

      Commercial land available for purchase in San Antonio, Texas.
      8119 Somerset Rd, San Antonio, TX 78211
      View Details
    • $390,000

      Shovel Ready Commercial Land

      0.51 acre shovel ready site with utilities in place.
      509 Palo Alto Rd, San Antonio, TX 78211
      View Details
    • Contact for pricing

      San Antonio Land For Sale

      Land available for sale in San Antonio, Texas.
      Quintana Rd, San Antonio, TX 78211
      View Details
    • $64,000
      0.23 Acres

      Shovel-Ready Lot Near I-35

      Shovel-ready lot near I-35 in San Antonio, Texas.
      6 Golden Ave, San Antonio, TX 78211
      View Details

    Similar Nearby for Sale

    • $2,400,300
      34.29 Acres

      Prime San Antonio Industrial Land

      34-Acre Industrial Tract, I-35 Access
      0 New Laredo Hwy, San Antonio, TX 78211
      View Details
    • $42,000
      0.25 Acres

      Corner Lot Near IH-35

      Spacious corner lot with convenient access to IH-35.
      S Somerset Rd, San Antonio, TX 78211
      View Details
    • $524,900

      San Antonio Land For Sale

      Commercial land available for purchase in San Antonio, Texas.
      8119 Somerset Rd, San Antonio, TX 78211
      View Details
    • $390,000

      Shovel Ready Commercial Land

      0.51 acre shovel ready site with utilities in place.
      509 Palo Alto Rd, San Antonio, TX 78211
      View Details
    • Contact for pricing

      San Antonio Land For Sale

      Land available for sale in San Antonio, Texas.
      Quintana Rd, San Antonio, TX 78211
      View Details
    • $64,000
      0.23 Acres

      Shovel-Ready Lot Near I-35

      Shovel-ready lot near I-35 in San Antonio, Texas.
      6 Golden Ave, San Antonio, TX 78211
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,857 SF

      Prime Corner Restaurant with Drive-Thru

      High-visibility restaurant space with drive-thru on SW Military Drive.
      3702 SW Military Dr, San Antonio, TX 78211
      View Details
    • $16 SF/Yr
      12,342 SF

      Medical Office Space Available

      Move-in ready medical office space in San Antonio.
      6623 S Zarzamora St, San Antonio, TX 78211
      View Details
    • $12 SF/Yr
      4,680 SF

      Commercial Space For Lease

      Versatile commercial space suitable for retail, office, or service businesses.
      992 E Southcross Blvd, San Antonio, TX 78211
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    • $22 SF/Yr
      1,254 SF

      Retail Storefront Near Sam's Club

      Turn-key retail space with high visibility and easy access.
      3227 SW Military Dr, San Antonio, TX 78211
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    • Contact for pricing
      1,350 SF

      Retail Space at Major Intersection

      1,350 SF retail space in excellent condition for lease.
      1635 Somerset Rd, San Antonio, TX 78211
      View Details
    • $7 SF/Yr
      87,785 SF

      San Antonio Warehouse - 87,785 SF

      Prime San Antonio industrial warehouse, excellent location.
      1734 Centennial Blvd, San Antonio, TX 78211
      View Details
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    116 Somerset Rd
    San Antonio, TX 78211
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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.

    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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