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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12518 Us Hwy 281st N Spring Branch, TX 78070-3970

    • Commercial real estate
    • 2,844 SF
    • 22.41 lot acres
    OFF-MARKET
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    6.2%
    Commercial real estate
    Location Intelligence
    Property ID
    US83-3511223
    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

    • Commercial real estate

    Property Details for 12518 Us Hwy 281st N

    Year built
    2021
    Lot size
    22.41 lot acres
    Property size
    2,844 SF
    Property type
    Commercial real estate
    APN
    74-0558-0009-01
    APU
    740558000901

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $605,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $625,000
      6.5%
      $580,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $493,000
      Market price range: $170k - $494k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $375,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Branch
    County
    Comal
    State
    Texas
    Longitude
    -98.4087
    Latitude
    29.9159
    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
    $34,047
    $1,858,480
    $393,990
    $2,252,470
    -
    $1,858,480
    $393,990
    $2,252,470

    Comparable in this City

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      COMMERCIAL (GENERAL) • 17,400 SF
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      View Details
    • Value Estimation
      $1,595,000
      13,488 SF

      2225 Bridal Veil

      COMMERCIAL (GENERAL) • 13,488 SF
      2225 Bridal Veil, Spring Branch, TX 78070-4849
      View Details
    • Value Estimation
      $720,000
      4,764 SF

      20615 State Hwy 46th W

      COMMERCIAL (GENERAL) • 4,764 SF
      20615 State Hwy 46th W, Spring Branch, TX 78070-6857
      View Details
    • Value Estimation
      $1,070,000
      20,525 SF

      21155 State Hwy 46th W

      COMMERCIAL (GENERAL) • 20,525 SF
      21155 State Hwy 46th W, Spring Branch, TX 78070-6791
      View Details
    • Value Estimation by Request

      414 Singing Oaks

      Multifamily properties
      414 Singing Oaks, Spring Branch, TX 78070
      View Details
    • Value Estimation by Request
      2.54 Acres

      15300 Tx-46

      Land • 2.54 Acres
      15300 Tx-46, Spring Branch, TX 78070
      View Details

    Similar Nearby for Sale

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      4.93 Acres

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      High-traffic Hwy 46 frontage, ideal for development.
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      Prime Bulverde, TX land for sale.
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      4.99 Acres, Prime Bulverde Location
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    • $45,000
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      0.27-acre lot, mobile home allowed.
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      5.3 Acres, C-2 Zoning, Hwy 281 Access
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    Similar Nearby for Lease

    • $28 SF/Yr
      193,524 SF

      Arborwalk Shopping Center, Spring Branch

      Texas Retail Center: High-Visibility Location
      20248 Tx-46, Spring Branch, TX 78070
      View Details
    • $12 SF/Yr
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      Prime Spring Branch Warehouse

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    • $20 SF/Yr
      8,270 SF

      In-Line Plaza Retail Space

      Spring Branch, TX retail/office space
      8545 Us Highway 281, Spring Branch, TX 78070
      View Details
    • Contact for pricing
      1,500 SF

      Berry Oaks Shopping Center: Lease Opportunity

      Prime Retail Space, Spring Branch, TX
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      View Details
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      Prime Bulverde Retail Land

      7.9 acres, 3 spaces available, high traffic.
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    • Contact for pricing
      2,400 SF

      Ridgeview Oaks Office Sublease

      2,400 sq ft Office Space in Spring Branch, TX
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      View Details
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    12518 Us Hwy 281st N
    Spring Branch, TX 78070-3970
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    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
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