Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2318 César E Chávez Blvd San Antonio, TX 78207
    Back to Search
    Property profile & analytics

    2318 César E Chávez Blvd, San Antonio, TX 78207

    View on Map
    • Mixed-use properties
    • 888 SF
    • 0.12 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 2318 César E Chávez Blvd

    Lot size
    0.12 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Residential income homes

    Description

    This exceptional mixed-use property, located at 2318 W César E Chávez Blvd, San Antonio, TX 78207, presents a compelling owner-user or investment opportunity. The 888-square-foot building sits on a 0.12-acre corner lot and boasts a complete renovation in 2022. Currently occupied by a tenant with a lease expiring November 30, 2024, the property offers below-market rent potential. The single-story structure features one unit, and is zoned R-4. The property's convenient location across from De Zavala Elementary School adds significant appeal. The fenced lot enhances privacy and security. The interior includes three bedrooms and one bathroom, updated with new flooring and fixtures, along with a refrigerator and stove. This turnkey property is ideal for an owner-occupant seeking a blend of living and business space or an investor looking for a strong return on investment in a desirable San Antonio location. The property is currently 100% occupied. Please allow 48 hours' notice for showings.

    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
    -98.5239
    Latitude
    29.4234

    Comparable in this City

    • Value Estimation by Request
      6,360 SF

      2323 Buena Vista St

      Multifamily properties
      2323 Buena Vista St, San Antonio, TX 78207
      View Details
    • Value Estimation by Request
      2,300 SF

      143 Huntington St

      Multifamily properties
      143 Huntington St, San Antonio, TX 78207
      View Details
    • Value Estimation by Request
      400 SF

      1712 Salinas St

      Multifamily properties
      1712 Salinas St, San Antonio, TX 78207
      View Details
    • Value Estimation by Request
      0.09 Acres

      2234 Laredo St

      COMMERCIAL (GENERAL)
      2234 Laredo St, San Antonio, TX 78207-6938
      View Details
    • Value Estimation by Request
      0.13 Acres

      3265 Colima St

      COMMERCIAL (GENERAL)
      3265 Colima St, San Antonio, TX 78207
      View Details
    • Value Estimation by Request
      0.12 Acres

      242 Castroville Rd

      COMMERCIAL (GENERAL)
      242 Castroville Rd, San Antonio, TX 78207-5132
      View Details

    Similar Nearby for Sale

    • $30,000
      0.09 Acres

      San Antonio Development Opportunity

      0.09-acre lot near downtown San Antonio ready for development.
      2208 W Poplar St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      0.09 Acres

      San Antonio Land Opportunity

      Infill opportunity near downtown with multi-unit potential.
      713 N Navidad St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      0.05 Acres

      Residential Lot Near Downtown

      Residential lot near downtown San Antonio, Texas.
      113 Rounds St, San Antonio, TX 78207
      View Details
    • $50,000
      0.12 Acres

      San Antonio R-1 Zoned Land

      R-1 zoned lot near downtown San Antonio.
      309 Albert St, San Antonio, TX 78207
      View Details
    • $125,000
      0.86 Acres

      San Antonio Multifamily Development Opportunity

      0.856-acre lot zoned for multifamily development in San Antonio.
      1230 Saltillo St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      3,317 SF

      Westside Commercial Space For Sale

      3,317 SF commercial space in San Antonio's booming Westside.
      2503 W Martin St, San Antonio, TX 78207
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown San Antonio Artisanal Building

      Unique mixed-use building with excellent access to key locations.
      526 San Fernando St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      29,986 SF

      Industrial Warehouse Space Available

      29,986 SF warehouse space with dock and grade-level loading.
      911 N Frio St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      45,058 SF

      Office Space Near Downtown

      Office space with private offices, near downtown San Antonio.
      1624 S San Marcos, San Antonio, TX 78207
      View Details
    • Contact for pricing
      1,655 SF

      Medical Office in Downtown San Antonio

      Class A medical office building in the heart of downtown.
      315 N San Saba, San Antonio, TX 78207
      View Details
    • Contact for pricing
      33,541 SF

      San Antonio Warehouse Space Available

      33,541 SF warehouse space for lease in San Antonio.
      1602 W Poplar St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      875 SF

      Loft-Style Office with Warehouse Access

      875 SF loft office with warehouse space available for lease.
      514 El Paso St, San Antonio, TX 78207
      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.
    2318 César E Chávez Blvd
    San Antonio, TX 78207
    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
    2318 César E Chávez Blvd, San Antonio, TX, 78207
    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!