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    Property profile & analytics

    7637 Fm 3009 Schertz, TX 78154

    • Warehouses
    • 3,500 SF
    For Sale
    View listing
    $865,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Superior Karts Online / Toy Store / Service Establishment
    • Perfect Etch / Engraver / Gift Shop
    • Unbox Development / Consultant
    • BERG Pedal Karts & Trampolines / Toy Store
    • Corey Construction / Roofing Contractor

    Property Details for 7637 Fm 3009

    Year built
    2022
    Property size
    3,500 SF
    Property type
    Warehouses
    Property subtype
    Specialty properties

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Schertz
    County
    Comal
    State
    Texas
    Longitude
    -98.292
    Latitude
    29.6173

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      7637 Fm 3009

      Distribution properties • 10,000 SF
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Value Estimation by Request
      9.00 Acres

      12470 Woman Hollering Rd

      Distribution properties • 8,000 SF
      12470 Woman Hollering Rd, Schertz, TX 78154
      View Details
    • Value Estimation by Request
      2,500 SF

      7637 Fm 3009

      Flex space • 2,500 SF
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Value Estimation by Request

      7637 Fm 3009

      Distribution properties
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Value Estimation by Request
      1,938 SF

      7637 Fm 3009

      Flex space • 1,938 SF
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Value Estimation by Request
      1,950 SF

      7637 Fm 3009

      Distribution properties • 1,950 SF
      7637 Fm 3009, Schertz, TX 78154
      View Details

    Similar Nearby for Sale

    • $865,000
      3,500 SF

      7637 Fm 3009

      Office space • 3,500 SF
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • $1,500,000
      9.00 Acres

      Schertz, TX Redevelopment Opportunity

      9 Acres, Multi-Building Complex, High Traffic
      12470 Woman Hollering Rd, Schertz, TX 78154
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    • $625,000
      2,500 SF

      Schertz Warehouse: Prime Flex Space

      2,500 SF Flex Warehouse, $250/SF
      7637 Fm 3009, Schertz, TX 78154
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    • Contact for pricing
      1,005,104 SF

      Core5 Logistics Center: Schertz, TX

      Class A Industrial Space; 1M+ SF
      4703 Scenic Lake Dr, Schertz, TX 78154
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    • Contact for pricing
      468,280 SF

      Core5 Logistics Center, Schertz, TX

      Class A industrial space; 468K-536K SF
      I-10 E & Loop, Converse, TX 78154
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      Warehouse with Office and Yard

      Spacious warehouse with office, flex space, and fenced yard.
      17317 Bell North Dr North, Schertz, TX 78154
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    Similar Nearby for Lease

    • $18 SF/Yr
      10,000 SF

      Schertz Flex Warehouse Space

      Modern 3,500 SF Flex Space Available
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • $1.50 SF/Yr
      1,938 SF

      FM 3009 Industrial Space Available

      Versatile Comal County Warehouse/Flex Space
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Contact for pricing
      1,005,104 SF

      Core5 Logistics Center: I-10, Schertz

      Class A industrial space; 150,000 - 536,824 SF available.
      4703 Scenic Lake Dr, Schertz, TX 78154
      View Details
    • Contact for pricing
      429,820 SF

      Selma Industrial Space Available

      Modern Texas Manufacturing/Warehouse
      17654 Ben, Selma, TX 78154
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    • $10 SF/Yr
      36,800 SF

      Schertz Warehouse/Distribution Space Available

      36,000 SF Schertz warehouse with dock doors and ramp.
      6508 Tri County Pkwy, Schertz, TX 78154
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    • $14 SF/Yr
      5,600 SF

      Schertz Industrial Warehouse Space

      43,200 SF Class B industrial warehouse for lease.
      17357 Bell North Dr, Schertz, TX 78154
      View Details
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    Schertz, TX 78154
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    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
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