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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Hotels
1024 Laredo St San Antonio, TX 78204-3212
Individually Owned
18-yr Hold
Free & Clear
Property ID
US83-3795431
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Total area
55,232 SF
Lot
2.24 ac (97,400 SF)
APN
00921-001-0270
UPID
US83-3795431
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Candlewood Suites San Antonio Downtown, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$930k
Owner & transaction history
Alamo Hospitality · 18 yrs held
Alamo Hospitality
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Antonio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Antonio submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,375,000
Current use
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$17 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$142,837
Tax year 2023
Assessed value
$5,730,000
Assessed 2023
Previous assessed
$5,730,000
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$2,676,560
Assessed improvement
$3,053,440
Land market value
$2,676,560
Improvement market value
$3,053,440
Total market value
$5,730,000
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2008
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
55,232 SF
Lot
2.24 ac (97,400 SF)
APN
00921-001-0270
UPID
US83-3795431
Jurisdiction
BEXAR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.4M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
2.24 ac
Current owner
From public records · entity-resolved
Alamo Hospitality
Individual
Free & Clear · 18 yrs held
Mailing address
1024 S LAREDO ST, SAN ANTONIO, TX 78204-3212
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
—
Alamo Hospitality LP
—
Deed
related
$5,000,000 · Falcon International Bank
Nov 9, 2021
—
Alamo Hospitality LP
—
Deed
related
$3,400,000 · Jesita INC
May 29, 2020
—
Alamo Hospitality LP
—
Deed
related
$3,400,000 · Lombard Hotel Group
Apr 16, 2019
—
Alamo Hospitality LP
—
Deed
related
$500,000 · Amit Patel
Jul 26, 2007
—
Alamo Hospitality
Patel,kirit V
Grant Deed
—
Sep 23, 2005
—
Vimal R Patel
Texas Trunk Co INC
Grant Deed
related
—
—
—
Alamo Hospitality LP
—
Deed Of Trust
related
$500,000 · Amit Patel
—
—
Alamo Hospitality
—
Deed Of Trust
related
$3,310,000 · Western National Bank
—
—
Alamo Hospitality LP
—
Deed Of Trust
related
$3,400,000 · Lombard Hotel Group
—
—
Alamo Hospitality LP
—
Deed Of Trust
related
$3,310,000 · Western National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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