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    Property profile & analytics

    12702 Cimarron Path San Antonio, TX 78249

    • Warehouses
    • 5,000 SF
    • 0.68 lot acres
    For Lease
    View listing
    Last Sale
    Mar 06, 2023
    Value Estimations
    $425,000
    Cap Rate Potential
    8.2%
    Warehouses
    Location Intelligence
    Property ID
    US83-3131150
    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

    • Builder Systems Group (BSG) Home Security / Home Theater Store / Security Service

    Property Details for 12702 Cimarron Path

    Year built
    2008
    Lot size
    0.68 lot acres
    Property size
    5,000 SF
    Property type
    Warehouses
    APN
    17453-004-0100
    APU
    174530040100

    Description

    This exceptional 5,000-square-foot commercial property, located at 12702 Cimarron Path in San Antonio, Texas, presents a unique investment opportunity. Situated on a 0.7-acre lot in Bexar County, this single-tenant building boasts a versatile design ideal for a variety of businesses. The property's zoning is I-1, allowing for a range of industrial and office uses. Built in 2012, the structure combines executive office space with flexible warehouse storage, offering a seamless blend of functionality and efficiency. The entire 5,000 square feet is currently vacant and ready for immediate occupancy. The property benefits from convenient access to major transportation arteries, including Loop 1604 and IH-10, ensuring effortless commutes for employees and clients. Ample parking is available on-site. This move-in ready space represents a compelling opportunity to establish a thriving business in a prime San Antonio location. The property is competitively priced and offers a rare combination of office and warehouse space in a highly desirable area. The address is 12702 Cimarron Path, San Antonio, TX 78249.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $425,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $580,000
      6.5%
      $535,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $346,000
      Market price range: $168k - $349k

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.6006
    Latitude
    29.5592
    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
    $20,670
    $259,060
    $740,940
    $1,000,000
    -
    $259,060
    $740,940
    $1,000,000

    Comparable in this City

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    • Value Estimation
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      123,392 SF

      5423 Loop 1604th W

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      5423 Loop 1604th W, San Antonio, TX 78249-3973
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    • Value Estimation
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      7,766 SF

      5602 Utsa Blvd

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      View Details
    • Value Estimation
      $620,000
      14,080 SF

      15018 Tradesman

      WAREHOUSE, STORAGE • 14,080 SF
      15018 Tradesman, San Antonio, TX 78249-1341
      View Details
    • Value Estimation
      $420,000
      9,365 SF

      16106 University Oak

      WAREHOUSE, STORAGE • 9,365 SF
      16106 University Oak, San Antonio, TX 78249-4058
      View Details
    • Value Estimation
      $420,000
      6,000 SF

      16159 College Oak

      WAREHOUSE, STORAGE • 6,000 SF
      16159 College Oak, San Antonio, TX 78249
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      5,000 SF

      Prime San Antonio Flex Space

      5,000 SF Office/Warehouse, Move-In Ready
      12702 Cimarron Path, San Antonio, TX 78249
      View Details
    • $24 SF/Yr
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      Office and Flex Space Available

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    • $17 SF/Yr
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      Northwest San Antonio Flex Office

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      View Details
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    San Antonio, TX 78249
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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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