Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2702 Fm 1103 Cibolo, TX 78108
    Back to Search
    Property profile & analytics

    2702 Fm 1103, Cibolo, TX 78108

    View on Map
    • Land
    • 1.95 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2702 Fm 1103

    Lot size
    1.95 lot acres
    Property type
    Land

    Description

    This exceptional 1.95-acre commercial lot presents a unique development opportunity in the thriving Cibolo, Texas market. Strategically located on FM 1103, this property boasts a planned curb cut for convenient access. The lot is zoned C3, allowing for a variety of commercial uses. Utilities are planned for connection to the site, including electricity, water, and sewer. A significant advantage is the pre-engineered detention system, eliminating the need for costly on-site detention construction. Development plans incorporate a cross-access easement at the rear of the property, providing access to the well-lit intersection of Turning Stone and FM 1103, enhancing visibility and accessibility for future businesses. This property's location in Guadalupe County, with a 78108 zip code, offers excellent visibility and proximity to major transportation routes. The site's infrastructure readiness and strategic location make it an ideal investment for developers seeking a prime commercial location in a rapidly growing area. This is a rare opportunity to acquire a fully serviced lot ready for immediate development. The 29.5847485 latitude and -98.2117003 longitude coordinates pinpoint this exceptional property's location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cibolo
    County
    Guadalupe
    State
    Texas
    Longitude
    -98.2117
    Latitude
    29.5847

    Comparable in this City

    • Value Estimation by Request
      4.96 Acres

      2347 Fm 1103

      Land
      2347 Fm 1103, Cibolo, TX 78108
      View Details
    • Value Estimation by Request
      1.16 Acres

      285 Borgfeld Rd

      Land
      285 Borgfeld Rd, Cibolo, TX 78108
      View Details
    • Value Estimation by Request
      7.72 Acres

      1841 Wiedner Rd

      Land
      1841 Wiedner Rd, Cibolo, TX 78108
      View Details
    • Value Estimation by Request
      1.53 Acres

      Somerset Ave

      Land
      0 Somerset Ave, Cibolo, TX 78108
      View Details
    • Value Estimation by Request
      95.00 Acres

      35 & Cibolo Vly Dr

      Land
      35 & Cibolo Vly Dr, Schertz, TX 78108
      View Details
    • Value Estimation by Request
      1,519 SF

      4901 Lower Seguin Rd

      Land
      4901 Lower Seguin Rd, Cibolo, TX 78108
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      19.61 Acres Cibolo Land

      19.61 acres of land with potential for industrial rezoning.
      Fm 78 & Country Ln, Cibolo, TX 78108
      View Details
    • $2,650,000
      Pending

      Spacious Land Tract in Cibolo

      Large 53+/- acre tract ideal for estate or development.
      Schaefer Rd, Cibolo, TX 78108
      View Details
    • Contact for pricing

      Land For Sale Schertz, TX

      Land available for purchase in Schertz, Texas.
      10427 Hillbrook Rd, Schertz, TX 78108
      View Details
    • Contact for pricing

      Land Tract Near Cibolo

      7.72 AC land tract near downtown Cibolo, Texas.
      1841 Wiedner Rd, Cibolo, TX 78108
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      1392 Haeckerville Rd, Cibolo, TX 78108
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Schertz Mixed-Use Development Land

      3.288 acres of land for mixed-use development.
      18658 I-35 N, Schertz, TX 78108
      View Details
    • Contact for pricing
      6,526 SF

      Cibolo Medical Office Space

      Medical office building in growing Cibolo micro-market.
      580 Cibolo Valley Dr, Cibolo, TX 78108
      View Details
    • Contact for pricing
      21,000 SF

      New Office Building in Cibolo

      Single-story office building with ample parking and high visibility.
      18 West Borgfeld Rd, Cibolo, TX 78108
      View Details
    • Contact for pricing
      3,816 SF

      Retail Space Near I-35

      Retail space available in Cibolo near Santikos entertainment facility.
      18384 I-35, Schertz, TX 78108
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space on Cibolo Valley

      Retail space with excellent access and high visibility available for rent.
      513 Cibolo Valley Dr, Cibolo, TX 78108
      View Details
    • Contact for pricing

      Cibolo Valley Retail Space Available

      1,348 sq ft retail space in Cibolo Valley Center.
      3893 Cibolo Valley Dr, Cibolo, TX 78108
      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.
    2702 Fm 1103
    Cibolo, TX 78108
    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
    2702 Fm 1103, Cibolo, TX, 78108
    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!