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    Property profile & analytics

    15033 Nacogdoches Rd San Antonio, TX 78247

    • Strip malls
    • 13,109 SF
    • 2.71 lot acres
    For Lease
    View listing
    Last Sale
    Aug 15, 2022
    Value Estimations
    $790,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5036073
    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

    • Law Office of Ann Marie Smith / Law Firm
    • Easy Street Night Club / Bar / Night Club
    • Alamo Learning Institute / School
    • Uschis Skin Care / Skin Care Clinic
    • All Family Law Group, P.A. / Divorce Lawyer

    Property Details for 15033 Nacogdoches Rd

    Year built
    1985
    Lot size
    2.71 lot acres
    Property size
    13,109 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    16823-002-0463
    APU
    168230020463

    Description

    The Village at Lookout Point offers exceptional office space in San Antonio, Texas. This three-building complex, situated on 2.7 acres at the highly visible, signalized intersection of Nacogdoches Road and Judson Road, provides a prime location for businesses seeking convenient access and high visibility. The property features a total of 26,485 square feet of retail and office space, with multiple tenancy options available. Currently, there are 4,462 square feet of vacant space, divisible into units ranging from a minimum of 931 square feet to a maximum contiguous space of 2,600 square feet. The property is zoned C-3 and C-3R, allowing for a variety of commercial uses. Ample parking is provided with 104 spaces available for tenants and their clients. The single-story buildings offer easy accessibility, and while elevators are not present, the single-story design ensures convenient access to all units. The address is 15033 Nacogdoches Rd, San Antonio, TX 78247, in Bexar County. This is an excellent opportunity for businesses seeking a well-located, versatile office space in a thriving San Antonio neighborhood. The property's prominent location on a major thoroughfare ensures high visibility and easy access for employees and customers alike. Contact us today to learn more about the available spaces and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $685,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $893,000
      Market price range: $346k - $1.03M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $665,000
      Current use
      COMMERCIAL (GENERAL)
      $1,135,000
      Change: +71% Conversion: Easy
      MEDICAL BUILDING
      $1,085,000
      Change: +63% Conversion: Difficult
      OFFICE BUILDING
      $870,000
      Change: +31% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $845,000
      Change: +27% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $585,000
      Change: -12% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.3737
    Latitude
    29.5785
    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
    $61,817
    $834,030
    $3,261,180
    $4,095,210
    -
    $834,030
    $3,261,180
    $4,095,210

    Comparable in this City

    • Value Estimation
      $675,000
      8,000 SF

      17147 Autry Pond Rd

      SHOPPING CENTER, STRIP CENTER • 8,000 SF
      17147 Autry Pond Rd, San Antonio, TX 78247-2231
      View Details
    • Value Estimation
      $565,000
      11,374 SF

      11888 Starcrest Dr

      SHOPPING CENTER, STRIP CENTER • 11,374 SF
      11888 Starcrest Dr, San Antonio, TX 78247-4103
      View Details
    • Value Estimation by Request
      4,320 SF

      12820 Jones Maltsberger Rd

      SHOPPING CENTER, STRIP CENTER • 4,320 SF
      12820 Jones Maltsberger Rd, San Antonio, TX 78247-4217
      View Details
    • Value Estimation by Request
      5,682 SF

      15171 Judson Rd

      SHOPPING CENTER, STRIP CENTER • 5,682 SF
      15171 Judson Rd, San Antonio, TX 78247-1405
      View Details
    • Value Estimation
      $1,040,000
      54,328 SF

      14058 Nacogdoches Rd

      SHOPPING CENTER, STRIP CENTER • 54,328 SF
      14058 Nacogdoches Rd, San Antonio, TX 78247-1943
      View Details
    • Value Estimation by Request
      5,500 SF

      12930 Jones Maltsberger Rd

      SHOPPING CENTER, STRIP CENTER • 5,500 SF
      12930 Jones Maltsberger Rd, San Antonio, TX 78247-4374
      View Details

    Similar Nearby for Sale

    • $3,995,000
      24,534 SF

      San Antonio Retail Investment Opportunity

      24,534 SF retail property in prime San Antonio location.
      15131 Nacogdoches Rd, San Antonio, TX 78247
      View Details
    • $1,340,000
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      Nacogdoches Center: San Antonio Investment

      4.85-acre commercial property, prime location.
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      Restaurant Space with Ample Parking

      Restaurant space for lease with large parking area.
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      Two buildings, renovated in 2022, suitable for various commercial uses.
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    Similar Nearby for Lease

    • Contact for pricing
      2,113 SF

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      Retail space with high visibility and strong tenant mix.
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      San Antonio Retail Space Available

      2,800 SF in-line space in high-traffic San Antonio shopping center.
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      3,600 SF

      Nacogdoches Crossing Retail Space

      Retail space available at Nacogdoches Crossing Shopping Center.
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      New Retail Space Available

      Attractive, newly constructed retail property anchored by H.E.B Grocery.
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      Retail Space Near Loop 1604

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    • $3 SF/Yr
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      Star Centre Office Suites in San Antonio

      San Antonio Office Space: Two Suites Available
      15102 Jones Maltsberger Rd, San Antonio, TX 78247
      View Details
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    15033 Nacogdoches Rd
    San Antonio, TX 78247
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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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