Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15600 San Pedro Ave San Antonio, TX 78232-3740
    Back to Search
    Property profile & analytics

    15600 San Pedro Ave San Antonio, TX 78232-3740

    View on Map
    • Office properties & Spaces
    • 52,951 SF
    • 1.88 lot acres
    Off-Market
    Last Sale Dec 31, 2020
    Property ID
    US82-4119348
    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.
    Value Estimations
    $1,820,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Willow Bend Mortgage Co. / Loan Service / Bank
    • Optimal Health care Solutions / Alternative Medicine Practice
    • Steven C. Albright, DDS / Dental Office
    • The Fuentes Firm, P.C. / Law Firm
    • Caliber Home Loans - San Antonio / Loan Service / Bank

    Property Details for 15600 San Pedro Ave

    Year built
    1985
    Lot size
    1.88 lot acres
    Property size
    52,951 SF
    Property type
    Office properties & Spaces
    APN
    14798-000-2310
    APU
    147980002310

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4751
    Latitude
    29.5831
    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
    $174,587
    $1,402,680
    $6,203,010
    $7,605,690
    -
    $1,402,680
    $6,203,010
    $7,605,690

    Comparable in this City

    • Value Estimation by Request
      500 SF

      16607 Blanco Rd Ste, Unit 1406

      OFFICE (GENERAL) • 500 SF
      16607 Blanco Rd Ste, San Antonio, TX 78232-1945
      View Details
    • Value Estimation by Request
      750 SF

      16607 Blanco Rd Ste, Unit 1505

      OFFICE (GENERAL) • 750 SF
      16607 Blanco Rd Ste, San Antonio, TX 78232-1945
      View Details
    • Value Estimation
      $885,000
      22,174 SF

      14350 Northbrook Dr

      OFFICE (GENERAL) • 22,174 SF
      14350 Northbrook Dr, San Antonio, TX 78232-5030
      View Details
    • Value Estimation
      $865,000
      20,496 SF

      14400 Northbrook Dr

      OFFICE (GENERAL) • 20,496 SF
      14400 Northbrook Dr, San Antonio, TX 78232-5077
      View Details
    • Value Estimation
      $965,000
      23,574 SF

      14701 San Pedro Ave

      OFFICE (GENERAL) • 23,574 SF
      14701 San Pedro Ave, Hill Country Village, TX 78232-4305
      View Details
    • Value Estimation
      $2,115,000
      48,600 SF

      17319 San Pedro Ave

      OFFICE (GENERAL) • 48,600 SF
      17319 San Pedro Ave, Hollywood Park, TX 78232-1411
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      29,205 SF

      Commercial Building with Car Wash

      Lucrative commercial building and car wash business in prime location.
      166 N Loop 1604 E, San Antonio, TX 78232
      View Details
    • Contact for pricing
      18,200 SF

      Prime Land with Office Building

      18,200 SF building on 7.40 AC available for sale.
      8531 West Loop 1604 North, San Antonio, TX 78232
      View Details
    • Contact for pricing
      30,000 SF

      Renovated Building with 850-Seat Auditorium

      30,000 SF building with high visibility on Loop 1604.
      1278 N Loop 1604 E, San Antonio, TX 78232
      View Details
    • Contact for pricing

      Well-Maintained Office Building For Sale

      Ten-story office building with planned renovations in prime San Antonio location.
      16414 San Pedro Ave, San Antonio, TX 78232
      View Details
    • $4,000,000
      22,214 SF

      San Antonio Multi-Tenant Office Building

      Multi-tenant office building near Highway 281 and downtown San Antonio.
      14310 Northbrook Dr, San Antonio, TX 78232
      View Details
    • Contact for pricing

      San Antonio Land For Sale

      28.53 acres of land available in San Antonio, Texas.
      Development Tract Wolf Holw, San Antonio, TX 78232
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Loop 1604 Retail/Office Space

      10,360 SF available on Loop 1604 in San Antonio.
      1623 N Loop 1604 W, San Antonio, TX 78232
      View Details
    • Contact for pricing

      Two-Story Office Building For Rent

      Two-story office building with high-end finishes and convenient location.
      227 North Loop 1604 East, San Antonio, TX 78232
      View Details
    • Contact for pricing

      Versatile Workspace Solutions Available

      Global network of workspaces with flexible options.
      13750 San Pedro Ave, San Antonio, TX 78232
      View Details
    • Contact for pricing
      24,469 SF

      Class A Office Space Available

      Class A office building with prime location and accessibility.
      2718 N Loop 1604 W, San Antonio, TX 78232
      View Details
    • Contact for pricing
      2,832 SF

      San Antonio Office Building For Rent

      Two-story office building in prime San Antonio location.
      14500 San Pedro Ave, San Antonio, TX 78232
      View Details
    • Contact for pricing

      TX, San Antonio - Trailcrest

      Workspaces, services and support to help you work better in TX, San Antonio - Soledad St
      1350 Loop 1604, San Antonio, TX 78232
      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.
    15600 San Pedro Ave
    San Antonio, TX 78232-3740
    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

    Thank You for Inquiry
    15600 San Pedro Ave, San Antonio, TX, 78232
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!