Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    11905 Starcrest Dr San Antonio, TX 78247-4111

    • Commercial real estate
    • 139,160 SF
    • 9.11 lot acres
    OFF-MARKET
    Last Sale
    Aug 04, 2023
    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0108987
    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

    • Blossom Business Park / Business Park

    Property Details for 11905 Starcrest Dr

    Year built
    1983
    Lot size
    9.11 lot acres
    Property size
    139,160 SF
    Property type
    Commercial real estate
    APN
    12063-001-0070
    APU
    120630010070

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $650,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4631
    Latitude
    29.5474
    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
    $159,535
    $1,643,780
    $5,306,220
    $6,950,000
    -
    $1,643,780
    $5,306,220
    $6,950,000

    Comparable in this City

    • Value Estimation by Request
      1.16 Acres

      3763 Thousand Oaks Dr

      Land • 1.16 Acres
      3763 Thousand Oaks Dr, San Antonio, TX 78247
      View Details
    • Value Estimation
      $380,000
      0.66 Acres

      16607 Nacogdoches Rd

      COMMERCIAL (GENERAL) • 0.66 Acres
      16607 Nacogdoches Rd, San Antonio, TX 78247-1012
      View Details
    • Value Estimation
      $295,000
      3.30 Acres

      6711 Loop 1604th E

      COMMERCIAL (GENERAL) • 3.30 Acres
      6711 Loop 1604th E, San Antonio, TX 78247-6666
      View Details
    • Value Estimation
      $205,000
      5.49 Acres

      3607 Loop 1604th E

      COMMERCIAL (GENERAL) • 5.49 Acres
      3607 Loop 1604th E, San Antonio, TX 78247-2300
      View Details
    • Value Estimation by Request

      12573 Wetmore Rd

      COMMERCIAL (GENERAL)
      12573 Wetmore Rd, San Antonio, TX 78247-3622
      View Details
    • Value Estimation
      $225,000
      10.00 Acres

      5222 Stahl Rd

      COMMERCIAL (GENERAL) • 10.00 Acres
      5222 Stahl Rd, San Antonio, TX 78247-1713
      View Details

    Similar Nearby for Sale

    • $550,000
      2.00 Acres

      Prime San Antonio Commercial Land

      2-Acre Corner Lot, C-2 Zoning
      16656 Classen Rd, San Antonio, TX 78247
      View Details
    • $575,000
      1.16 Acres

      Prime San Antonio Commercial Land

      1.16 Acres, C-2 Zoning, $575,000
      3763 Thousand Oaks Dr, San Antonio, TX 78247
      View Details
    • $1,340,000
      4.85 Acres

      Nacogdoches Center: San Antonio Investment

      4.85-acre commercial property, prime location.
      0011 Nacogdoches Rd, San Antonio, TX 78247
      View Details
    • Contact for pricing
      1.00 Acre

      Loop 1604 Prime Commercial Land

      San Antonio development pad site, high visibility.
      3423 Loop 1604, San Antonio, TX 78247
      View Details
    • $239,000

      San Antonio Specialty Property For Sale

      Specialty property available for purchase in San Antonio, Texas.
      3319 Stoney Mist, San Antonio, TX 78247
      View Details
    • $229,990

      Gated Community Condo For Sale

      Two-bedroom condo in a quiet, gated, owner-occupied community.
      2718 Old Field Dr, San Antonio, TX 78247
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      1,752 SF

      Medical/Retail Front Space Available

      Flexible medical/retail space with excellent visibility and accessibility.
      6530 Loop 1604 N, San Antonio, TX 78247
      View Details
    • Contact for pricing
      1,441 SF

      Retail Space in Grocery-Anchored Center

      Retail space available in Uptown San Antonio shopping center.
      2929-2951 Thousand Oaks Dr, San Antonio, TX 78247
      View Details
    • $28 SF/Yr
      5,630 SF

      Class A Office Space

      High-end office space near US HWY 281 & Loop 1604.
      17339 Redland Rd, San Antonio, TX 78247
      View Details
    • Contact for pricing
      7,260 SF

      Bulverde Road Industrial Warehouse

      7,260 sq ft Warehouse, High Traffic Area
      14732 Bulverde Rd, San Antonio, TX 78247
      View Details
    • Contact for pricing
      512 SF

      Office Space Available For Rent

      512 square feet office space available for rent.
      12915 Jones Maltsberger Rd, San Antonio, TX 78247
      View Details
    • Contact for pricing
      3,600 SF

      Nacogdoches Crossing Retail Space

      Retail space available at Nacogdoches Crossing Shopping Center.
      6826 North Loop 1604 East, San Antonio, TX 78247
      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.
    11905 Starcrest Dr
    San Antonio, TX 78247-4111
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.