Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1002 Grosvenor St San Antonio, TX 78221-1455
    Back to Search
    Property profile & analytics

    1002 Grosvenor St, San Antonio, TX 78221-1455

    View on Map
    • Garden apartment buildings
    • 27,648 SF
    • 2.86 lot acres
    Off-Market
    Last Sale Jan 28, 2021
    Property ID
    US82-0150592
    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.
    Value Estimations
    $2,645,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The TEN02 / Apartment Complex

    Property Details for 1002 Grosvenor St

    Year built
    1985
    Lot size
    2.86 lot acres
    Property type
    Garden apartment buildings
    APN
    09339-007-0250
    APU
    93390070250

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 30, 2026 — 1002 Grosvenor LLC — Deed · related $4.3M · Pinnacle Bank
    Jan 29, 2021 — 1002 Grosvenor LLC — Deed · related $4.7M · Pinnacle Bank
    Jan 28, 2021 — 1002 Grosvenor LLC Mln Holdings LLC Venders Lien $150 · Not Available
    Nov 30, 2018 — Mln Holdings LLC Cornerstone Apartments LLC Grant Deed $3.9M · Arbor Agcy Lndg LLC
    Oct 2, 2014 — Cornerstone Apartments LLC Big Strike INC Grant Deed $1.9M · Payne 2007 Family Trust (pt)
    Sep 5, 2002 — Big Strike INC Oquinn & Clark INC Grant Deed $2.4M · Oquinn & Clark INC

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,603,000
      Market price range: $987k - $2.60M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $2,005,000
      Current use
      RESTAURANT
      $4,045,000
      Change: +102% Conversion: Difficult
      RETAIL STORES
      $3,730,000
      Change: +86% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,725,000
      Change: +86% Conversion: Difficult
      MEDICAL BUILDING
      $2,285,000
      Change: +14% Conversion: Moderate
      WAREHOUSE, STORAGE
      $2,245,000
      Change: +12% Conversion: Difficult
      OFFICE BUILDING
      $1,835,000
      Change: -9% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5204
    Latitude
    29.3537
    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
    $134,751
    $355,310
    $4,944,690
    $5,300,000
    -
    $355,310
    $4,944,690
    $5,300,000

    Comparable in this City

    • Value Estimation
      $1,825,000
      19,680 SF

      3735 Pleasanton Rd

      GARDEN APT, COURT APT (5+ UNITS)
      3735 Pleasanton Rd, San Antonio, TX 78221-2833
      View Details
    • Value Estimation
      $1,160,000
      32,484 SF

      102 Emerald Ash

      GARDEN APT, COURT APT (5+ UNITS)
      102 Emerald Ash, San Antonio, TX 78221-5399
      View Details
    • Value Estimation by Request
      2,708 SF

      306 Chaucer Ave

      GARDEN APT, COURT APT (5+ UNITS)
      306 Chaucer Ave, San Antonio, TX 78221-2458
      View Details
    • Value Estimation
      $1,095,000
      28,952 SF

      555 Hutchins Pl

      GARDEN APT, COURT APT (5+ UNITS)
      555 Hutchins Pl, San Antonio, TX 78221-2765
      View Details
    • Value Estimation
      $635,000
      7,488 SF

      321 Verne St

      GARDEN APT, COURT APT (5+ UNITS)
      321 Verne St, San Antonio, TX 78221-1564
      View Details
    • Value Estimation by Request
      15,056 SF

      3718 Pleasanton Rd

      GARDEN APT, COURT APT (5+ UNITS)
      3718 Pleasanton Rd, San Antonio, TX 78221-2844
      View Details

    Similar Nearby for Sale

    • New
      $1,199,989
      6,528 SF

      San Antonio Multifamily Investment Opportunity

      Stabilized 8-unit apartment community near Lackland AFB.
      926/930 Drury Ln, San Antonio, TX 78221
      View Details
    • $300,000
      1,430 SF

      San Antonio Multifamily Investment Opportunity

      Multifamily property with duplex and detached unit on 1-acre lot.
      228 W Ansley Blvd, San Antonio, TX 78221
      View Details
    • Contact for pricing

      San Antonio Mobile Home Park

      33-unit tenant-owned mobile home park in San Antonio, Texas.
      7009 S Flores St, San Antonio, TX 78221
      View Details
    • $990,000
      2.54 Acres

      San Antonio Land Investment Opportunity

      16.92 acres in San Antonio's South Corridor.
      10323 Moursund Blvd, San Antonio, TX 78221
      View Details
    • $100,000
      1.00 Acre

      San Antonio Acre Lot Available

      One acre lot in South San Antonio with no restrictions.
      2880 Blue Wing Rd, San Antonio, TX 78221
      View Details
    • $1,470,000
      27.00 Acres

      San Antonio Land Investment Opportunity

      Undeveloped land near universities and downtown San Antonio.
      11095 Pleasanton Rd, San Antonio, TX 78221
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      71,807 SF

      Retail Sublease Opportunity

      Retail space available for sublease in a densely populated area.
      3847 Pleasanton Rd, San Antonio, TX 78221
      View Details
    • Contact for pricing

      Established Shopping Center For Lease

      Theater-anchored shopping center with high traffic and diverse tenant mix.
      1918 SW Military Dr, San Antonio, TX 78221
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Professional office space with recent renovations and high visibility signage.
      1730 SW Military Dr, San Antonio, TX 78221
      View Details
    • Contact for pricing
      2,600 SF

      Retail Space in Mayan Center

      Established shopping center with high traffic and diverse tenant mix.
      1964 Military Dr, San Antonio, TX 78221
      View Details
    • Contact for pricing
      3,027 SF

      Renovated Office Space Available

      Professional office space with recent renovations and high visibility.
      1730 SW Military Dr, San Antonio, TX 78221
      View Details
    • Contact for pricing
      2,000 SF

      Modern Retail Suite on Military

      Open-concept retail space with high visibility and flexible layout.
      814-842 SW Military Dr, San Antonio, TX 78221
      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.
    1002 Grosvenor St
    San Antonio, TX 78221-1455
    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
    1002 Grosvenor St, San Antonio, TX, 78221
    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!