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    Property profile & analytics

    3142 Military Dr San Antonio, TX 78235

    • Retail space
    • 9,336 SF
    • 15.38 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4176494
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Depot / Used Office Furniture Store / Office Supply Store
    • Office Depot Tech Services / Business To Business Service / Computer Consultant
    • JOANN Fabric and Crafts / Picture Frame Shop / Sewing Shop
    • LL Flooring / Flooring Store / Flooring Contractor
    • Mall Military Drive / Shopping Mall

    Property Details for 3142 Military Dr

    Year built
    2005
    Lot size
    15.38 lot acres
    Property size
    9,336 SF
    Property type
    Retail space
    APN
    10879-002-0010
    APU
    108790020010

    Description

    This exceptional retail opportunity is located at 3142 SE Military Dr, San Antonio, TX 78235. The property, known as City Base Landing, offers multiple spaces ranging from 2,843 square feet to 8,100 square feet, perfect for a variety of retail businesses. The C-3 zoning allows for diverse commercial uses. Situated on the busy SE Military Dr, this location boasts high visibility and excellent accessibility for customers. Ample parking is available for both customers and staff, ensuring convenience and ease of access. The property's prime location on SE Military Dr provides significant exposure to a high volume of traffic, making it an ideal location to establish or expand a retail business. This is a rare opportunity to secure a prominent retail space in a thriving San Antonio location. The property is zoned C-3, offering flexibility for various retail concepts. The available space options cater to businesses of varying sizes and needs. Don't miss this chance to secure a space in this high-traffic, highly visible location. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,085,000
      6.5%
      $1,925,000
      7%
      $1,785,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,913,000
      Market price range: $476k - $1.91M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,175,000
      Current use
      COMMERCIAL (GENERAL)
      $1,595,000
      Change: +36% Conversion: Easy
      RESTAURANT
      $1,320,000
      Change: +12% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,220,000
      Change: +4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4364
    Latitude
    29.3504
    CBSA code
    41700
    CBSA name
    SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $715,432
    $7,081,400
    $21,618,600
    $28,700,000
    -
    $7,081,400
    $21,618,600
    $28,700,000

    Comparable in this City

    • Value Estimation
      $25,990,000
      130,425 SF

      3143 Military Dr

      RETAIL STORES (PERSONAL SERVICES) • 130,425 SF
      3143 Military Dr, San Antonio, TX 78223-3987
      View Details
    • Value Estimation
      $1,100,000
      9,034 SF

      10940 Us Hwy 181

      RETAIL STORES (PERSONAL SERVICES) • 9,034 SF
      10940 Us Hwy 181, San Antonio, TX 78223-5175
      View Details
    • Value Estimation
      $1,205,000
      9,270 SF

      1829 Goliad Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,270 SF
      1829 Goliad Rd, San Antonio, TX 78223-2769
      View Details
    • Value Estimation
      $610,000
      4,400 SF

      1019 Fair Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      1019 Fair Ave, San Antonio, TX 78223
      View Details
    • Value Estimation by Request
      1,237 SF

      1106 Goliad Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,237 SF
      1106 Goliad Rd, San Antonio, TX 78223
      View Details
    • Value Estimation by Request
      945 SF

      2355 Goliad Rd

      RETAIL STORES (PERSONAL SERVICES) • 945 SF
      2355 Goliad Rd, San Antonio, TX 78223-3200
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      3,797 SF

      Retail Space Available for Lease

      Retail space available in a shopping center with major retailers.
      3127-3143 SE Military Dr, San Antonio, TX 78223
      View Details
    • Contact for pricing
      3,797 SF

      Retail Space Available For Rent

      Retail space available for lease in San Antonio, Texas.
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      Prime San Antonio Retail Pad Site

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    San Antonio, TX 78235
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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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