Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Montgomery Dr San Antonio, TX 78239
    Back to Search
    Property profile & analytics

    Montgomery Dr San Antonio, TX 78239

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

    Current Use by Public Records

    • Land

    Property Details for 0 Montgomery Dr

    Lot size
    2.48 lot acres
    Property type
    Land

    Description

    This exceptional 2.48-acre commercial land parcel in San Antonio, Texas (zip code 78239), presents a prime development opportunity. Located at the gateway to an established residential community and directly across from Montgomery Elementary School (NEISD), this high-visibility site boasts significant daily traffic counts due to its prime frontage on Montgomery Drive and Winsford. Zoned OCL (Outside City Limits), the property offers flexible development options for various commercial uses, including retail, restaurants, offices, and more. The land comprises 1.07 acres of developed open space, 0.73 acres of developed medium intensity, 0.49 acres of developed high intensity, and 0.26 acres of developed low intensity. Its strategic location offers excellent connectivity to major highways (I-35 and Loop 410), placing it within minutes of key transportation arteries. Surrounded by established residential communities and near educational facilities, this site benefits from strong demographics and consistent daily traffic. The asking price is $310,000. This is a rare chance to capitalize on the growing commercial demand in this established area of San Antonio. The legal description is CB 5073 P-7F ABS 341 NON-ADJACENT. This property is ideal for investors seeking a versatile and strategically located development site in a thriving San Antonio submarket.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.3553
    Latitude
    29.5109

    Comparable in this City

    • Value Estimation by Request
      0.54 Acres

      7407 Gln Mont Dr

      Land • 2,200 SF
      7407 Gln Mont Dr, San Antonio, TX 78239
      View Details
    • Value Estimation by Request
      0.52 Acres

      7411 Gln Mont Dr

      Land • 0.52 Acres
      7411 Gln Mont Dr, San Antonio, TX 78239
      View Details
    • Value Estimation by Request
      2.48 Acres

      7018 Montgomery Dr

      Land • 2.48 Acres
      7018 Montgomery Dr, San Antonio, TX 78239
      View Details
    • Value Estimation by Request
      0.38 Acres

      7389 Gibbs Sprawl Rd

      COMMERCIAL (GENERAL) • 0.38 Acres
      7389 Gibbs Sprawl Rd, San Antonio, TX 78239-3738
      View Details
    • Value Estimation by Request
      0.29 Acres

      Hayes

      COMMERCIAL (GENERAL) • 0.29 Acres
      Hayes, San Antonio, TX 78239
      View Details
    • Value Estimation by Request
      2,000 SF

      6390 Granberry

      COMMERCIAL (GENERAL) • 2,000 SF
      6390 Granberry, San Antonio, TX 78239-1801
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Available Near Major Highways

      Three adjacent properties for sale or lease near San Antonio.
      7411 Glen Mont Dr, San Antonio, TX 78239
      View Details
    • Contact for pricing

      Commercial Land on Walzem Road

      Commercial land suitable for various retail and service businesses.
      6938 Walzem Rd, San Antonio, TX 78239
      View Details
    • $275,000
      2.48 Acres

      Prime Commercial Land Opportunity

      2.48-acre parcel in San Antonio's Northeast Submarket.
      Montgomery, San Antonio, TX 78239
      View Details
    • Contact for pricing

      Commercial Land in High Traffic Area

      Commercial land with full access in high-traffic location.
      4902 Crestwind Dr, Windcrest, TX 78239
      View Details
    • $75,000
      0.14 Acres

      Residential Lot in Windcrest, TX

      Residential lot ready for construction in a desirable Windcrest neighborhood.
      5906 Brook Fls, Windcrest, TX 78239
      View Details
    • $859,900
      5,000 SF

      New Fourplex Investment Opportunity

      New fourplex in sought-after area, producing income for investors.
      7210 John Palmer Dr, San Antonio, TX 78239
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      4951 Windsor Hill, San Antonio, TX 78239

      Shopping centers
      4951 Windsor Hl, San Antonio, TX 78239
      View Details
    • Contact for pricing
      2,087 SF

      Retail Space with Freeway Visibility

      Retail space available with high visibility and signage opportunities.
      4951 Windsor Cross, San Antonio, TX 78239
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space with Freeway Visibility

      Retail space for rent with high visibility and signage.
      4938 Windsor Hl, Windcrest, TX 78239
      View Details
    • Contact for pricing
      16,803 SF

      Office Space Available For Rent

      Office space available for rent in San Antonio, Texas.
      8930 Fourwinds Dr, San Antonio, TX 78239
      View Details
    • Contact for pricing

      Windcrest Commercial Property For Lease

      Versatile commercial property in a dynamic, accessible Windcrest location.
      8209 Roughrider Dr, Windcrest, TX 78239
      View Details
    • Contact for pricing

      Restaurant Space with Patio Seating

      Turnkey restaurant space with outdoor seating in a prime location.
      11220 Huebner Rd, San Antonio, TX 78239
      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.
    Montgomery Dr
    San Antonio, TX 78239
    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
    Montgomery Dr, San Antonio, TX, 78239
    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!