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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Strip malls
12904 Bandera Rd Helotes, TX 78023
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-0373100
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Total area
32,812 SF
Lot
2.69 ac (117,176 SF)
APN
04525-101-0010
UPID
US82-0373100
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Milam Helotes Plaza LLC · 8 yrs held
Milam Helotes Plaza LLC
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Helotes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Helotes submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$44 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$81,112
Tax year 2023
Assessed value
$3,925,000
Assessed 2023
Previous assessed
$3,925,000
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$1,550,720
Assessed improvement
$2,374,280
Land market value
$1,550,720
Improvement market value
$2,374,280
Total market value
$3,925,000
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1976
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
32,812 SF
Lot
2.69 ac (117,176 SF)
APN
04525-101-0010
UPID
US82-0373100
Jurisdiction
BEXAR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.69 ac
Current owner
From public records · entity-resolved
Milam Helotes Plaza LLC
Entity
Mailing address
205 W NOTTINGHAM DR #410, SAN ANTONIO, TX 78209
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2017
—
Milam Helotes Plaza LLC
Bandera Helotes Plaza LLC
Grant Deed
$6,727,500 · Jefferson Bk
Feb 17, 2009
—
Bandera Helotes Plaza LLC
—
Grant Deed
related
$3,139,556 · Regions Bank
Jul 16, 2007
—
Bandera Helotes Plaza LLC
Helotes Partners
Quit Claim Deed
related
$8,283,790 · Regions Bank
Oct 8, 2004
—
Helotes Partners
Valson
Grant Deed
$3,276,250 · Bank One NA
—
—
Bandera Helotes Plaza LLC
—
Deed Of Trust
related
$4,700,000 · Symetra Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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