Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Perrin Central Blvd San Antonio, TX 78217
    Back to Search
    Property profile & analytics

    Perrin Central Blvd San Antonio, TX 78217

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

    Current Use by Public Records

    • Land

    Property Details for 0 Perrin Central Blvd

    Lot size
    1.41 lot acres
    Property type
    Land

    Description

    This exceptional 1.41-acre commercial land parcel presents a remarkable investment opportunity in San Antonio, Texas. Strategically located at the intersection of Perrin Central Boulevard and Wurzbach Parkway in Bexar County, zip code 78217, this high-visibility lot offers unparalleled exposure to significant traffic volume. Currently zoned C-2, the property is ideally suited for a wide range of commercial developments. The lot is planned to include a driveway directly accessing Wurzbach Parkway, enhancing accessibility and convenience. Its advantageous location is further emphasized by its proximity to existing apartment complexes and office buildings, creating a synergistic environment for potential businesses. The property sits between Nacogdoches Road and Perrin Beitel Road, providing easy access to major thoroughfares. Priced at $995,000, with a land value of $16.20 per square foot, this represents a compelling opportunity to acquire a prime commercial site in a thriving area of San Antonio. The property is currently being platted, ensuring a streamlined development process for future projects. Don't miss this chance to secure a highly desirable commercial location in a rapidly growing market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4176
    Latitude
    29.537

    Comparable in this City

    • Value Estimation by Request
      1.70 Acres

      3330 Nacogdoches Rd

      Land • 1.70 Acres
      3330 Nacogdoches Rd, San Antonio, TX 78217
      View Details
    • Value Estimation by Request
      0.04 Acres

      Higgins Rd

      COMMERCIAL (GENERAL) • 0.04 Acres
      Higgins Rd, San Antonio, TX 78217
      View Details
    • Value Estimation
      $1,410,000
      33,000 SF

      10000 Iota Dr

      COMMERCIAL (GENERAL) • 33,000 SF
      10000 Iota Dr, San Antonio, TX 78217-2628
      View Details
    • Value Estimation
      $1,815,000
      79,317 SF

      2564 Macarthur Vw

      COMMERCIAL (GENERAL) • 79,317 SF
      2564 Macarthur Vw, San Antonio, TX 78217-4442
      View Details
    • Value Estimation by Request
      2,240 SF

      2611 Loop 410

      COMMERCIAL (GENERAL) • 2,240 SF
      2611 Loop 410, San Antonio, TX 78217-5608
      View Details
    • Value Estimation
      $675,000
      20,559 SF

      11031 Wye Dr

      COMMERCIAL (GENERAL) • 20,559 SF
      11031 Wye Dr, San Antonio, TX 78217-2603
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      3330 Nacogdoches Rd, San Antonio, TX 78217
      View Details
    • $945,000
      2.01 Acres

      San Antonio Land Opportunity

      2.011 acre land in rapidly growing northeast San Antonio.
      4168 Stahl Rd, San Antonio, TX 78217
      View Details
    • $700,000
      1.73 Acres

      San Antonio Land Opportunity

      Last available 1.73-acre lot in prestigious Estates of Marymont.
      9200 Marymont Dr, San Antonio, TX 78217
      View Details
    • New
      $165,000
      0.51 Acres

      Residential Land in San Antonio

      Two lots for sale, ideal for building a dream home.
      14731 Durham, San Antonio, TX 78217
      View Details
    • Contact for pricing

      San Antonio Commercial Land Available

      25.423 AC commercially zoned land in rapidly developing area.
      17097 Nacogdoches Rd, San Antonio, TX 78217
      View Details
    • Contact for pricing

      Commercial Lot on Wurzbach Parkway

      High-visibility commercial lot with TXDOT-approved driveway exit.
      Perrin Central Blvd, San Antonio, TX 78217
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land For Lease

      Commercial land available for lease in San Antonio, Texas.
      8614 Perrin Beitel Rd, San Antonio, TX 78217
      View Details
    • Contact for pricing

      Retail Hub Shopping Center

      Neighborhood shopping center in a major retail hub.
      9323 Perrin Beitel Rd, San Antonio, TX 78217
      View Details
    • Contact for pricing

      Medical Office Space Available

      Medical office space for rent near Northeast Baptist Hospital.
      8500 Village Dr, San Antonio, TX 78217
      View Details
    • Contact for pricing
      3,000 SF

      High-Visibility Space with Digital Billboard

      Flexible retail/office space with prime signage and digital billboard.
      12600 Nacogdoches Rd, San Antonio, TX 78217
      View Details
    • Contact for pricing
      2,000 SF

      Newer Construction Office Space Available

      Ready for buildout, centrally located near Loop 1604 and I-35.
      16019-16103 Nacogdoches Rd, San Antonio, TX 78217
      View Details
    • Contact for pricing
      4,842 SF

      Office Space Available For Rent

      Office space available for lease at 8610 Broadway St.
      8610 Broadway St, San Antonio, TX 78217
      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.
    Perrin Central Blvd
    San Antonio, TX 78217
    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
    Perrin Central Blvd, San Antonio, TX, 78217
    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!