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

    1346 Parkridge Dr San Antonio, TX 78216-6031

    • Auto shops
    • 2,475 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimations
    $355,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0844978
    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

    • I Buy Trucks! / Motor Vehicle Dealer
    • ABC Buys Cars / Used Car Dealer

    Property Details for 1346 Parkridge Dr

    Year built
    1975
    Lot size
    1.70 lot acres
    Property size
    2,475 SF
    Property type
    Auto shops
    APN
    11957-005-0110
    APU
    119570050110

    Description

    This exceptional San Antonio property at 1346 Parkridge Drive offers a unique blend of office and industrial space, perfect for a variety of businesses. The property encompasses a 2,475-square-foot standalone office building featuring a convenient drive-through garage. Adding to its versatility, the property includes substantial storage solutions with 9,000 square feet of storage sheds, providing ample space for inventory or equipment. Covered parking is available for added convenience. The property sits on a sizable 1.5-acre fenced lot, offering security and ample outdoor space. Its previous use as an Enterprise location speaks to its prime location and suitability for businesses requiring both office and storage capabilities. The property's layout and features make it particularly well-suited for auto-related businesses, though its flexibility allows for a range of potential uses. Located in San Antonio, Texas, with the zip code 78216, this property presents a compelling opportunity for businesses seeking a functional and strategically located space. The single-tenant occupancy ensures exclusive use and control. One drive-in bay is available for easy loading and unloading. This property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $355,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $225,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4718
    Latitude
    29.5172
    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
    $12,440
    $463,570
    $88,930
    $552,500
    -
    $463,570
    $88,930
    $552,500

    Comparable in this City

    • Value Estimation
      $460,000
      4,649 SF

      14630 Blanco Rd

      AUTO REPAIR, GARAGE • 4,649 SF
      14630 Blanco Rd, San Antonio, TX 78216-7720
      View Details
    • Value Estimation
      $680,000
      15,500 SF

      6991 San Pedro Ave

      AUTO REPAIR, GARAGE • 15,500 SF
      6991 San Pedro Ave, San Antonio, TX 78216-6245
      View Details
    • Value Estimation
      $415,000
      7,107 SF

      6446 San Pedro Ave

      AUTO REPAIR, GARAGE • 7,107 SF
      6446 San Pedro Ave, San Antonio, TX 78216-7211
      View Details
    • Value Estimation
      $310,000
      4,950 SF

      8327 Mccullough Ave

      AUTO REPAIR, GARAGE • 4,950 SF
      8327 Mccullough Ave, San Antonio, TX 78216-6442
      View Details
    • Value Estimation
      $360,000
      4,800 SF

      550 Loop 410

      AUTO REPAIR, GARAGE • 4,800 SF
      550 Loop 410, San Antonio, TX 78216-6050
      View Details
    • Value Estimation
      $295,000
      6,682 SF

      639 Rhapsody Dr

      AUTO REPAIR, GARAGE • 6,682 SF
      639 Rhapsody Dr, San Antonio, TX 78216-2608
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,960 SF

      San Antonio Retail/Warehouse Flex Space

      9,960 SF retail/warehouse flex space near San Antonio Airport.
      10288 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Retail Space on San Pedro

      1800 SF retail space on busy San Pedro Avenue.
      6646 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      15,189 SF

      San Antonio Retail Investment Opportunity

      Single tenant net lease with corporate guarantee and strong operator.
      22811 Us Highway 281 S, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Corner Lot Flex Building

      Corner lot building with office/retail and warehouse space.
      12153 Valliant 1-3, San Antonio, TX 78216
      View Details
    • $1,703,000

      Retail Property for Sale

      Retail property available for purchase in San Antonio, Texas.
      226 W Rector St, San Antonio, TX 78216
      View Details
    • $118,500
      800 SF

      Charming Condo in Rampart Crossing

      Lovingly cared for condo with modern updates and community amenities.
      165 Rampart Dr, San Antonio, TX 78216
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,400 SF

      Retail Space on San Pedro

      Second generation retail space with loading dock and high visibility.
      7067 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      8,400 SF

      Retail Space Near San Antonio Airport

      Move-in ready retail spaces available near Highway 281.
      15026-15068 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      1,495 SF

      Retail Space in High-Income Area

      Neighborhood shopping center in high-income area with retail and restaurant.
      300 W Bitters Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing
      51,341 SF

      Versatile San Antonio Commercial Space

      Adaptable property featuring warehouse, retail, and office spaces for lease.
      10130 Jones Maltsberger Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing

      San Antonio Retail Land Opportunity

      Prime Retail Pads, Multiple Spaces Available
      11900 Blanco Rd, San Antonio, TX 78216
      View Details
    • $18 SF/Yr
      1,300 SF

      Prime Parliament Office Space

      1300 sq ft Executive Office Suite
      11810 Parliament St, San Antonio, TX 78216
      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.
    1346 Parkridge Dr
    San Antonio, TX 78216-6031
    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.