Add Listing
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

    11823 Culebra Rd San Antonio, TX 78253-4562

    • Strip malls
    • 6,600 SF
    • 1.11 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9174367
    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

    • Papa John's Pizza / Restaurant
    • CHRISTUS Urgent Care / Medical Clinic
    • Bollinger Nail & Spa / Nail Salon
    • Derry Rajan / Pediatrician / Physician
    • CHRISTUS Promptu Urgent Care Carmel Canyon / Medical Clinic

    Property Details for 11823 Culebra Rd

    Year built
    2015
    Lot size
    1.11 lot acres
    Property size
    6,600 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    17635-001-0150
    APU
    176350010150

    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
    -98.7259
    Latitude
    29.5027
    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
    $76,140
    $1,003,420
    $2,311,828
    $3,315,248
    -
    $1,003,420
    $2,311,828
    $3,315,248

    Comparable in this City

    • Value Estimation by Request
      9,654 SF

      11026 Culebra Rd

      SHOPPING CENTER, STRIP CENTER • 9,654 SF
      11026 Culebra Rd, San Antonio, TX 78253-6419
      View Details
    • Value Estimation by Request
      5,990 SF

      14212 Potranco Rd

      SHOPPING CENTER, STRIP CENTER • 5,990 SF
      14212 Potranco Rd, San Antonio, TX 78253-2133
      View Details
    • Value Estimation
      $555,000
      12,750 SF

      11330 Potranco Rd

      SHOPPING CENTER, STRIP CENTER • 12,750 SF
      11330 Potranco Rd, San Antonio, TX 78253-7281
      View Details
    • Value Estimation by Request
      7,000 SF

      11647 Culebra Rd

      SHOPPING CENTER, STRIP CENTER • 7,000 SF
      11647 Culebra Rd, San Antonio, TX 78253-7272
      View Details
    • Value Estimation
      $560,000
      12,719 SF

      13762 Potranco Rd

      SHOPPING CENTER, STRIP CENTER • 12,719 SF
      13762 Potranco Rd, San Antonio, TX 78253-4046
      View Details
    • Value Estimation by Request
      11,400 SF

      14211 Potranco Rd

      SHOPPING CENTER, STRIP CENTER • 11,400 SF
      14211 Potranco Rd, San Antonio, TX 78253-2174
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,502 SF

      New Retail Space Alamo Ranch

      Retail space in Alamo Ranch South, delivered in 2024.
      12130 Alamo Ranch Pkwy, San Antonio, TX 78253
      View Details
    • $1,700,000
      5.45 Acres

      San Antonio Land on Loop 1604

      5.45 acres on Loop 1604, ready for development.
      505 Loop 1604 W, San Antonio, TX 78253
      View Details
    • Contact for pricing
      8,697 SF

      New Belden's Automotive in San Antonio

      New automotive property in booming West San Antonio for sale.
      12965 Reid Ranch Rd, San Antonio, TX 78253
      View Details
    • Contact for pricing
      3,902 SF

      Well-Located QSR on Culebra Rd

      QSR on Culebra Rd with 10% rent increase in 2026.
      11018 Westwood Loop, San Antonio, TX 78253
      View Details
    • Contact for pricing
      42,000 SF

      Culebra Rd Pad Sites Available

      Pad sites available on Culebra Rd with prime visibility.
      Sec Culebra Rd & Blacktail Crst Dr, San Antonio, TX 78253
      View Details
    • Contact for pricing
      4,000 SF

      Retail Property on Potranco Road

      Retail property with over 14 years remaining on lease.
      14609 Potranco Rd, San Antonio, TX 78253
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,377 SF

      Dominant San Antonio Shopping Center

      Open-air shopping center with premier big box tenant lineup.
      5503-5519 W Loop 1604 N, San Antonio, TX 78253
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space Near High-Traffic Entertainment

      Upscale shopping center near affluent neighborhoods and entertainment venues.
      5311 N Loop 1604 W, San Antonio, TX 78253
      View Details
    • Contact for pricing
      2,785 SF

      Dominant San Antonio Shopping Center

      Open-air shopping center with premier big box tenant lineup.
      5619 W Loop 1604 N, San Antonio, TX 78253
      View Details
    • Contact for pricing
      32,107 SF

      Retail Space on Potranco Road

      Retail property available for lease on Potranco Road.
      11223 Potranco Rd, San Antonio, TX 78253
      View Details
    • Contact for pricing

      Dominant Open-Air Shopping Center

      Large shopping center with premier big box tenant lineup.
      5503 W Loop 1604 N, San Antonio, TX 78253
      View Details
    • Contact for pricing

      Retail Spaces Available for Lease

      New shopping center with retail, restaurant, and land lease opportunities.
      916 Fm 471, San Antonio, TX 78253
      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.
    11823 Culebra Rd
    San Antonio, TX 78253-4562
    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.
    Sign Up Successful!
    You now have access to more from Realmo!