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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Warehouses
10811 Interstate 35 San Antonio, TX 78233-6632
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2902318
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
9,400 SF
Lot
4.39 ac (191,429 SF)
APN
13804-000-0110
UPID
US82-2902318
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$745k
Owner & transaction history
May Dev LP · 12 yrs held
May Dev LP
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$875,000
+71.1%
Auto repair, garage
$770,000
+50.6%
Office building
$625,000
+21.8%
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
$520,000
CAP Approach
CAP Return
Estimation
6%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$510,000
Current use
COMMERCIAL (GENERAL)
$875,000
Change: +71% · Conversion: Difficult
AUTO REPAIR, GARAGE
$770,000
Change: +51% · Conversion: Easy
OFFICE BUILDING
$625,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$575,000
Change: +12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$575,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$565,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$79 / 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
$50,386
Tax year 2023
Assessed value
$2,277,320
Assessed 2024
Previous assessed
$2,277,320
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$1,575,460
Assessed improvement
$701,860
Land market value
$1,575,460
Improvement market value
$701,860
Total market value
$2,277,320
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
9,400 SF
Lot
4.39 ac (191,429 SF)
APN
13804-000-0110
UPID
US82-2902318
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
WAREHOUSE, STORAGE Current
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$770,000
OFFICE BUILDING
Est. value
$625,000
MEDICAL BUILDING
Est. value
$575,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$575,000
RETAIL STORES
Est. value
$565,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2021
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.39 ac
Current owner
From public records · entity-resolved
May Dev LP
Entity
Mailing address
541 LA COSTA CAY, PORT ARANSAS, TX 78373-4918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2025
—
May Dev LP
—
Deed
related
$560,000 · Kleberg Bank NA
Aug 1, 2016
—
May Dev LP
—
Deed
related
$646,000 · Kleberg Bk NA
Feb 11, 2014
—
May Dev LP
Peacock Hospitality INC
Warranty Deed
$646,000 · Kleberg Bank NA
Nov 12, 2009
—
Peacock Hospitality INC
—
Trustees Deed
related
$807,500 · First State Bank
—
—
Peacock Hospitality INC
—
Deed Of Trust
related
$807,500 · First State Bank
—
—
Peacock Hospitality INC
—
Deed Of Trust
related
$753,962 · First State Bank
—
—
Fredericksburg Suites INC
—
Deed Of Trust
related
$77,902 · Johnson Cnty Bk
—
—
May Dev LP
—
Loan Modification
related
$646,000 · Kleberg Bk NA
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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