Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5008-5126 Service Ctr Dr San Antonio, TX 78218
    Back to Search
    Property profile & analytics

    5008-5126 Service Ctr Dr, San Antonio, TX 78218

    View on Map
    • Industrial properties
    • 87,832 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 5008-5126 Service Ctr Dr

    Year built
    1983
    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional flex property, located at 5008-5126 Service Center Drive in San Antonio, Texas, offers 87,832 square feet of versatile office/warehouse space across three single-story buildings. Built in 1983, the property features a total of six suites, with a minimum divisible space of 3,528 square feet and a maximum contiguous space of 11,800 square feet. Currently, 11,928 square feet is available for lease. The buildings boast 16' to 18' ceiling heights, ideal for various industrial and office uses. Access is convenient with 17 dock-high doors and 49 drive-in doors, complemented by ample parking with 95 spaces. The property is zoned I-1 and situated in Bexar County, offering easy access to major thoroughfares like Loop 410 and IH-35. This multi-tenant property presents a unique opportunity for businesses seeking flexible and functional space in a prime San Antonio location. The property's address is 5008-5126 Service Center Dr, San Antonio, TX 78218.

    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
    -98.393
    Latitude
    29.475

    Comparable in this City

    • Value Estimation by Request
      47,321 SF

      4420 I-35 Frontage Rd

      Distribution properties
      4420 I-35 Frontage Rd, San Antonio, TX 78218
      View Details
    • Value Estimation by Request

      111 Lanark Dr

      Distribution properties
      111 Lanark Dr, San Antonio, TX 78218
      View Details
    • Value Estimation by Request
      25,134 SF

      8500 Vicar Dr

      Flex space
      8500 Vicar Dr, San Antonio, TX 78218
      View Details
    • Value Estimation by Request
      42,900 SF

      4709 Macro

      Distribution properties
      4709 Macro, San Antonio, TX 78218
      View Details
    • Value Estimation by Request
      6,441 SF

      8102 Crosscreek

      INDUSTRIAL (GENERAL)
      8102 Crosscreek, San Antonio, TX 78218-1621
      View Details
    • Value Estimation by Request
      5,912 SF

      5814 Rittiman Plz

      INDUSTRIAL (GENERAL)
      5814 Rittiman Plz, San Antonio, TX 78218-5231
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Rittiman Road Flex Warehouse

      Office/flex/warehouse property with I-1 zoning and excellent connectivity.
      4343 Rittiman Rd, San Antonio, TX 78218
      View Details
    • Contact for pricing
      25,134 SF

      San Antonio Flex/Office/Data Center Space

      Flex, office, and data center space available in San Antonio.
      8500 Vicar Dr, San Antonio, TX 78218
      View Details
    • Contact for pricing
      5,032 SF

      Industrial Space Available For Lease

      5,032 sq ft industrial space for lease.
      5260 Rittiman Rd, San Antonio, TX 78218
      View Details
    • Contact for pricing
      13,717 SF

      San Antonio Industrial Space Available

      13,717 SF industrial space for sale near I-410.
      5814-5818 Rittiman Plz, San Antonio, TX 78218
      View Details
    • Contact for pricing
      6,400 SF

      Prime Retail Space Available

      Retail space on a bustling corridor with high visibility.
      7031 Ray Bon Dr, San Antonio, TX 78218
      View Details
    • Contact for pricing
      2,898 SF

      Retail Property Near Rackspace Headquarters

      Long-term national credit tenant in Windcrest, near Rackspace Headquarters.
      5001 Walzem Rd, San Antonio, TX 78218
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Accessible Central Location Retail/Office Space

      Recently renovated commercial space with excellent visibility and accessibility.
      2007 Austin Hwy, San Antonio, TX 78218
      View Details
    • Contact for pricing
      17,460 SF

      Industrial Flex Space Available

      Eight industrial/flex buildings on 5.28 acres for lease.
      4728 Goldfield Dr, San Antonio, TX 78218
      View Details
    • Contact for pricing
      1,608 SF

      Rittiman Road Flex Space Available

      End-cap flex suite with warehouse and dock access.
      4343-4367 Rittiman Rd, San Antonio, TX 78218
      View Details
    • Contact for pricing

      Industrial Single Tenant Space

      4,000 SqFt industrial space available for single tenant.
      6226 Fairdale Dr, San Antonio, TX 78218
      View Details
    • Contact for pricing

      Industrial Cross-Dock Facility For Lease

      84,500 SF industrial facility with recent upgrades in 2025.
      5100 Kaepa Ct, San Antonio, TX 78218
      View Details
    • Contact for pricing

      Modern Industrial Space Available

      45,560 SF industrial space with new office in San Antonio.
      8106 Northeast Interstate 410 Loop, San Antonio, TX 78218
      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.
    5008-5126 Service Ctr Dr
    San Antonio, TX 78218
    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
    5008-5126 Service Ctr Dr, San Antonio, TX, 78218
    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!