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

    1302 Laven Dr San Antonio, TX 78228-4547

    • Grocery and convenience stores
    • 2,400 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimations
    $380,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3842958
    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

    • BTM Machines Bitcoin ATM / Crypto Atm / Atm
    • Cardtronics ATM / Atm
    • Culebra Food Mart / Convenience Store
    • LibertyX Bitcoin ATM / Atm

    Property Details for 1302 Laven Dr

    Year built
    1965
    Lot size
    0.42 lot acres
    Property size
    2,400 SF
    Property type
    Grocery and convenience stores
    APN
    13453-007-0090
    APU
    134530070090

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $355,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $610,000
      6.5%
      $560,000
      7%
      $520,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $245,000
      Market price range: $245k - $408k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $405,000
      AUTO REPAIR, GARAGE
      $325,000
      RETAIL STORES
      $295,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5897
    Latitude
    29.4488
    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
    $8,817
    $137,250
    $246,660
    $383,910
    -
    $137,250
    $246,660
    $383,910

    Comparable in this City

    • Value Estimation
      $405,000
      2,536 SF

      3939 Callaghan Rd

      CONVENIENCE STORE • 2,536 SF
      3939 Callaghan Rd, San Antonio, TX 78228-4329
      View Details
    • Value Estimation
      $365,000
      2,288 SF

      1162 Bandera Rd

      CONVENIENCE STORE • 2,288 SF
      1162 Bandera Rd, San Antonio, TX 78228-4023
      View Details
    • Value Estimation
      $685,000
      69,162 SF

      2130 Culebra Rd

      GROCERY, SUPERMARKET • 69,162 SF
      2130 Culebra Rd, San Antonio, TX 78228-6308
      View Details
    • Value Estimation
      $395,000
      2,296 SF

      3502 Culebra Rd

      CONVENIENCE STORE • 2,296 SF
      3502 Culebra Rd, San Antonio, TX 78228-5968
      View Details
    • Value Estimation
      $565,000
      3,956 SF

      4110 Culebra Rd

      CONVENIENCE STORE • 3,956 SF
      4110 Culebra Rd, San Antonio, TX 78228-4561
      View Details
    • Value Estimation
      $390,000
      1,800 SF

      838 Bandera Rd

      CONVENIENCE STORE • 1,800 SF
      838 Bandera Rd, San Antonio, TX 78228-5223
      View Details

    Similar Nearby for Sale

    • $1,359,000
      11,970 SF

      Retail Investment Opportunity in San Antonio

      7,760 SF retail building with five units for sale.
      3580 Culebra Rd, San Antonio, TX 78228
      View Details
    • Contact for pricing

      Retail/Office Space For Sale

      Conveniently located retail or office spaces with customization options.
      1569 Bandera Rd, San Antonio, TX 78228
      View Details
    • $300,000
      2,480 SF

      San Antonio Mixed-Use Investment Property

      Mixed-use property with retail and residential units in San Antonio.
      2148 Cincinnati Ave, San Antonio, TX 78228
      View Details
    • $300,000
      1,932 SF

      Commercial Building on Culebra Road

      Commercial building with two units, suitable for retail or office.
      2518 Culebra Rd, San Antonio, TX 78228
      View Details
    • Contact for pricing

      Retail or Office Space Available

      Retail or office space with high traffic and easy access.
      129 Bandera Rd, San Antonio, TX 78228
      View Details
    • $899,999
      6,025 SF

      Prime Corner Retail Opportunity

      Corner property suitable for QSR, retail, or office use.
      603 Bandera Rd, San Antonio, TX 78228
      View Details

    Similar Nearby for Lease

    • $23,940
      9,342 SF

      Manor Drive Retail Space Available

      San Antonio Retail, 1,000-6,034 SF
      910 Manor Dr, San Antonio, TX 78228
      View Details
    • $12 SF/Yr
      6,464 SF

      Centerview Drive Retail Space For Lease

      Prime Retail Space, Medical Center Proximity
      4625 Centerview Dr, San Antonio, TX 78228
      View Details
    • $15 SF/Yr
      2,500 SF

      Retail Space in San Antonio

      Retail or office spaces available in a high-traffic location.
      1571-1589 Bandera Rd, San Antonio, TX 78228
      View Details
    • Contact for pricing
      1,080 SF

      Retail Space on Bandera Road

      1,080 SF in-line retail space available for lease.
      11650 Bandera Rd, San Antonio, TX 78228
      View Details
    • Contact for pricing
      3,999 SF

      Retail Space with Drive-Thru

      Retail space available with drive-thru in San Antonio, TX.
      1704 Bandera Rd, San Antonio, TX 78228
      View Details
    • Contact for pricing
      3,915 SF

      Remodeled Retail Space Available

      Remodeled retail center with end cap ideal for restaurant.
      451 Bandera Rd, San Antonio, TX 78228
      View Details
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    1302 Laven Dr
    San Antonio, TX 78228-4547
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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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