Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11450 Old Corpus Christi Hwy San Antonio, TX 78223-9304

    • Office Properties & Spaces
    • 4,515 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1134094
    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

    • NAZCARZ.com / Auto Repair Shop / Vehicle Inspection Center
    • Car Link Inc. / Car Dealership
    • GT Remarketing / Auto Repair Shop

    Property Details for 11450 Old Corpus Christi Hwy

    Year built
    1968
    Lot size
    1.00 lot acres
    Property size
    4,515 SF
    Property type
    Office Properties & Spaces
    APN
    04007-006-1464
    APU
    40070061464

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.3907
    Latitude
    29.3047
    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
    $11,447
    $47,480
    $479,970
    $527,450
    -
    $47,480
    $479,970
    $527,450

    Comparable in this City

    • Value Estimation
      $950,000
      8,512 SF

      9342 Loop 410

      OFFICE (GENERAL) • 8,512 SF
      9342 Loop 410, San Antonio, TX 78223-4873
      View Details
    • Value Estimation
      $1,005,000
      4,900 SF

      10850 Us Hwy 181

      OFFICE (GENERAL) • 4,900 SF
      10850 Us Hwy 181, San Antonio, TX 78223-1714
      View Details
    • Value Estimation by Request
      252 SF

      4007 Presa St, Unit 1

      OFFICE (GENERAL) • 252 SF
      4007 Presa St, San Antonio, TX 78223-1072
      View Details
    • Value Estimation
      $960,000
      8,190 SF

      3918 Clark Ave

      OFFICE (GENERAL) • 8,190 SF
      3918 Clark Ave, San Antonio, TX 78223-0600
      View Details
    • Value Estimation by Request
      2,736 SF

      301 Fair Ave

      OFFICE (GENERAL) • 2,736 SF
      301 Fair Ave, San Antonio, TX 78223-1111
      View Details
    • Value Estimation by Request
      1,108 SF

      539 Kathy Dr

      OFFICE (GENERAL) • 1,108 SF
      539 Kathy Dr, San Antonio, TX 78223-1279
      View Details

    Similar Nearby for Sale

    • $450,000
      3,952 SF

      San Antonio Office/Retail Building

      Prime location, vacant, high growth area.
      3350 Lasses Blvd, San Antonio, TX 78223
      View Details
    • $450,000

      San Antonio Retail/Office Opportunity

      Retail or office space for sale in San Antonio.
      3314 Clark Ave, San Antonio, TX 78223
      View Details
    • $850,000
      6,012 SF

      Medical/Physical Therapy Building For Sale

      6,012 SF medical/physical therapy building with ample parking.
      3326-3328 E Southcross Blvd, San Antonio, TX 78223
      View Details
    • Contact for pricing
      79.00 Acres

      79 Acres IH-37 South, San Antonio

      Prime Southside San Antonio Land: Development Ready
      79 San Antonio Tx, San Antonio, TX 78223
      View Details
    • $500,000
      60,112 SF

      Hwy 181 S Commercial Land

      1.38 Acres, High Traffic, Vacant
      51 County Road 150, San Antonio, TX 78223
      View Details
    • Contact for pricing
      1.22 Acres

      Prime San Antonio Commercial Land

      1.215-Acre Pad Site, High Visibility
      1323 Goliad Rd, San Antonio, TX 78223
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,700 SF

      McCreless Square Retail Center

      San Antonio Retail Space Available
      3800 New Braunfels Ave, San Antonio, TX 78223
      View Details
    • Contact for pricing
      3,000 SF

      Mission Crossing Retail Space

      San Antonio Retail/Office Opportunity
      2902 Goliad Rd, San Antonio, TX 78223
      View Details
    • Contact for pricing
      15,975 SF

      San Antonio Retail Space for Lease

      Prime Retail/Office Space in Braun Park
      10103 Loop St, San Antonio, TX 78223
      View Details
    • $13 SF/Yr
      32,976 SF

      McCreless Courts Medical Office Space

      Prime Medical Office Suites Available
      2364 Southcross Blvd, San Antonio, TX 78223
      View Details
    • $24 SF/Yr
      2,300 SF

      Office Space on Military Drive

      Office space available for lease with 2,300 square feet.
      3630 SE Military Dr, San Antonio, TX 78223
      View Details
    • Contact for pricing
      1 SF

      Prime San Antonio Retail Pad Site

      High-traffic location, 1-acre lot, C-2CD zoning.
      1323 Goliad Rd, San Antonio, TX 78223
      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.
    11450 Old Corpus Christi Hwy
    San Antonio, TX 78223-9304
    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

    Google sign-in failed. Please try again or use another login method.