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    136 Kelsey Ave San Antonio, TX 78211

    • Flex space
    • 289 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3481412
    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

    • Flex space

    Property Details for 136 Kelsey Ave

    Lot size
    0.28 lot acres
    Property size
    289 SF
    Property type
    Flex space
    Property subtype
    Distribution centers

    Description

    This exceptional 289 square foot industrial warehouse, located at 136 Kelsey Ave, San Antonio, TX 78211, is available for $400,000. The property sits on a 0.28-acre lot and offers a unique blend of commercial, flex, and warehouse space, ideal for a variety of uses. Currently vacant, this property presents a fantastic opportunity for immediate occupancy. Its convenient location near downtown San Antonio makes it easily accessible for both employees and clients. The building's functionality is enhanced by its design, suitable for a mechanic or contractor shop. The asking price of $1,384.08 per square foot reflects the property's prime location and versatile nature. This mixed-use property combines industrial and land components, providing ample space and potential for expansion or customization. The property's size and features make it a highly attractive investment opportunity in a thriving Texas market. Serious inquiries are encouraged to explore the potential of this unique San Antonio property. Bexar County location provides access to a robust infrastructure and a strong local economy. This is a rare opportunity to acquire a versatile industrial property in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.477524
    Latitude
    29.439795

    Comparable in this City

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      San Antonio Warehouse - $1.5M

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      Prime San Antonio Industrial Land

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    • $1,500,000
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      San Antonio Industrial Property For Sale

      Industrial property available for purchase in San Antonio, Texas.
      3643 Pitluk Ave, San Antonio, TX 78211
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    • $74,000

      Residential Lot Near Downtown

      City lot ready for development near downtown and Lackland AFB.
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      Corner Lot on IH 35

      2.952 AC corner lot with frontage on IH 35.
      8911 Somerset Rd, San Antonio, TX 78211
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    • $60,000

      Land for Investment

      Land available for investment purposes.
      5411 South Zarzamora St, San Antonio, TX 78211
      View Details

    Similar Nearby for Sale

    • $1,500,000
      120,226 SF

      San Antonio Warehouse - $1.5M

      Massive Industrial Warehouse, 120,226 SF
      3701 Pitluk Ave, San Antonio, TX 78211
      View Details
    • $2,400,300
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      Prime San Antonio Industrial Land

      34-Acre Industrial Tract, I-35 Access
      0 New Laredo Hwy, San Antonio, TX 78211
      View Details
    • $1,500,000
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      San Antonio Industrial Property For Sale

      Industrial property available for purchase in San Antonio, Texas.
      3643 Pitluk Ave, San Antonio, TX 78211
      View Details
    • $53,000
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      Shovel-Ready Lot in San Antonio

      Shovel-ready lot near I-35 and Lackland AFB.
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    • $39,900
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      Corner Lot in South San Antonio

      Expansive corner lot in a rapidly appreciating San Antonio area.
      502 King Ave, San Antonio, TX 78211
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    • $230,000

      Retail Lot South of Downtown

      0.50-acre retail lot with water meter and electricity available.
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    Similar Nearby for Lease

    • $7 SF/Yr
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      San Antonio Warehouse - 87,785 SF

      Prime San Antonio industrial warehouse, excellent location.
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    • Contact for pricing
      2,857 SF

      Prime Corner Restaurant with Drive-Thru

      High-visibility restaurant space with drive-thru on SW Military Drive.
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    • $16 SF/Yr
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      Medical Office Space Available

      Move-in ready medical office space in San Antonio.
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    • $12 SF/Yr
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      Commercial Space For Lease

      Versatile commercial space suitable for retail, office, or service businesses.
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    • $22 SF/Yr
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      Retail Storefront Near Sam's Club

      Turn-key retail space with high visibility and easy access.
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      1,350 SF

      Retail Space at Major Intersection

      1,350 SF retail space in excellent condition for lease.
      1635 Somerset Rd, San Antonio, TX 78211
      View Details
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    136 Kelsey Ave
    San Antonio, TX 78211
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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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