Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Of Intersection Of Applewhite Road/Neal Rd San Antonio, TX 78264
    Back to Search
    Property profile & analytics

    Of Intersection Of Applewhite Road/Neal Rd, San Antonio, TX 78264

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

    Current Use by Public Records

    • Land

    Property Details for 0 Of Intersection Of Applewhite Road/Neal Rd

    Lot size
    107.00 lot acres
    Property type
    Land

    Description

    This expansive 107-acre tract presents a remarkable investment opportunity in San Antonio, Texas. Strategically located northwest of the intersection of Applewhite Road and Neal Road, in Bexar County, zip code 78264, this property boasts approximately 2,275 feet of frontage along Applewhite Road, offering exceptional visibility and accessibility. The land is zoned as Urban Development District (UD), providing significant flexibility for a wide range of commercial development projects. Permitted uses include commercial ventures, single-family residences, and multi-family developments with a density allowance of up to 33 units per acre. Its proximity to major employers like Toyota and the Texas A&M University campus makes this location highly attractive for both residential and commercial development. The substantial lot size and advantageous zoning regulations create a unique opportunity for large-scale projects or strategic land assemblage. This property is ideally suited for developers seeking a prime location with significant development potential in a rapidly growing area of San Antonio. The coordinates are 29.2363461 latitude and -98.5473231 longitude. Serious inquiries are encouraged.

    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
    -98.5473
    Latitude
    29.2363

    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
      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
    • Value Estimation by Request
      23.11 Acres

      3440 Loop 1604

      Land
      3440 Loop 1604, San Antonio, TX 78264
      View Details

    Similar Nearby for Sale

    • $139,900
      1.25 Acres

      San Antonio Land with Mobile Home

      1.25 acre land with mobile home south of San Antonio.
      3043 Owenwood Dr, 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
    • New
      $175,000
      1.04 Acres

      Unrestricted Land Near San Antonio

      Over 1 acre of unrestricted land outside city limits.
      24234 Romin Dr, San Antonio, TX 78264
      View Details
    • $173,000
      2.65 Acres

      Unrestricted Land Near San Antonio

      2.649-acre lot ready for development near San Antonio.
      1903 Turkey Chase, San Antonio, TX 78264
      View Details
    • Contact for pricing

      Land Available for Sale

      Land available for sale at 3670 TX-1604 Loop.
      3670 Loop St, 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.
    Of Intersection Of Applewhite Road/Neal Rd
    San Antonio, 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
    Of Intersection Of Applewhite Road/Neal Rd, San Antonio, 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!