Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20011 Eagle Frd Elmendorf, TX 78264
    Back to Search
    Property profile & analytics

    20011 Eagle Frd, Elmendorf, TX 78264

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

    Current Use by Public Records

    • Land

    Property Details for 20011 Eagle Frd

    Lot size
    2.00 lot acres
    Property type
    Land

    Description

    This exceptional 2-acre commercial land parcel presents a remarkable development opportunity in the thriving Elmendorf area of San Antonio, Texas. Located at 20011 Eagle Frd Wy, 78264, this property boasts a highly desirable C-3 zoning designation, opening doors to a wide array of commercial uses. Its strategic location offers unparalleled accessibility, nestled conveniently off the intersection of I-37 and Highway 1604, ensuring high visibility and convenient access for potential businesses and customers. The expansive 2-acre lot provides ample space for a variety of development projects, from retail centers and office buildings to light industrial facilities. This blank canvas awaits a visionary developer to transform it into a thriving commercial hub. The asking price of $385,000 represents a compelling investment opportunity in a rapidly growing market. Don't miss this chance to acquire a prime piece of commercial real estate in Bexar County, Texas. This property is priced to sell quickly, so act now to secure this exceptional development opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elmendorf
    County
    Bexar
    State
    Texas
    Longitude
    -98.4134
    Latitude
    29.2231

    Comparable in this City

    • Value Estimation by Request
      1,665.00 Acres

      22320 Applewhite Rd

      Land
      22320 Applewhite Rd, San Antonio, TX 78264
      View Details
    • Value Estimation by Request
      5.34 Acres

      Loop 1604

      Land
      0 Loop 1604, San Antonio, TX 78264
      View Details
    • Value Estimation by Request
      0.84 Acres

      16 State Hwy

      Land
      16 State Hwy, San Antonio, TX 78264
      View Details
    • Value Estimation by Request
      107.00 Acres

      Of Intersection Of Applewhite Road/Neal Rd

      Land
      0 Of Intersection Of Applewhite Road/Neal Rd, San Antonio, TX 78264
      View Details
    • Value Estimation by Request
      89.86 Acres

      Applewhite Rd

      Land
      0 Applewhite Rd, San Antonio, TX 78264
      View Details
    • Value Estimation by Request
      71.50 Acres

      19217 Applewhite Rd

      Land
      19217 Applewhite Rd, San Antonio, TX 78264
      View Details

    Similar Nearby for Sale

    • $175,000
      2.52 Acres

      Undeveloped Land in San Antonio

      2.52 acres of undeveloped land in San Antonio, Texas.
      432 Peaceful, San Antonio, TX 78264
      View Details
    • Contact for pricing

      Prime Land in South San Antonio

      86.30 AC land with development potential near 1604.
      606 Sherrywood Ln, San Antonio, TX 78264
      View Details
    • $94,888
      2.18 Acres

      Land in South San Antonio

      2.18 acres of land with development potential.
      1291 Camelot Ln, San Antonio, TX 78264
      View Details
    • $175,000
      8.40 Acres

      Undeveloped Land Near Loop 1604

      8.4 acres of land with rural living potential.
      S Loop 1604 E, San Antonio, TX 78264
      View Details
    • $173,000

      Land for Sale

      Land available in Bexar County.
      1903 Turkey Chase, San Antonio, TX 78264
      View Details
    • Contact for pricing
      54,450 SF

      Unrestricted Land with Mobile Home

      Spacious country land with mobile home, utilities in place.
      3043 Owenwood Dr, San Antonio, TX 78264
      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.
    20011 Eagle Frd
    Elmendorf, TX 78264
    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
    20011 Eagle Frd, Elmendorf, TX, 78264
    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!