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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Strip malls
1602 Loop 1604th W San Antonio, TX 78248-4514
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2191177
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
20,280 SF
Lot
1.79 ac (78,147 SF)
APN
18394-001-0110
UPID
US82-2191177
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
San Antonio Sleep Center Medical Clinic
-
To Bed Furniture & Home Goods
-
Premiere Ballet Academy Training Center
-
KFC Restaurant
-
Taco Bell Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Bayehs Properties LLC · 2 yrs held
Bayehs Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+34.3%
Apartment house (5+ units)
$1.3M
+30.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Antonio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Antonio submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,000,000
Current use
OFFICE BUILDING
$1,345,000
Change: +34% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,305,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$48 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$135,433
Tax year 2023
Assessed value
$5,900,000
Assessed 2023
Previous assessed
$5,900,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$2,230,310
Assessed improvement
$3,669,690
Land market value
$2,230,310
Improvement market value
$3,669,690
Total market value
$5,900,000
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
20,280 SF
Lot
1.79 ac (78,147 SF)
APN
18394-001-0110
UPID
US82-2191177
Jurisdiction
BEXAR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.79 ac
Current owner
From public records · entity-resolved
Bayehs Properties LLC
Entity
Mailing address
6218 N STATE HWY 16, LLANO, TX 78643-1049
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2024
—
Bayehs Properties LLC
Gen2 Texas Properties LLC
Deed
$1,106,250 · Prosperity Bank
Dec 16, 2019
—
Gen2 Texas Properties LLC
Breakie Holdings LLC
Special Warranty Deed
—
Apr 29, 2019
—
Breakie Holdings LLC
—
Deed
related
$3,000,000 · Jefferson Bk
Sep 26, 2018
—
Breakie Holdings LLC
—
Grant Deed
related
$3,000,000 · Jefferson Bk
Nov 4, 2014
—
Schenken Peninsula Center LLC
Schenken,robert
Quit Claim Deed
related
—
Aug 1, 2014
—
Schenken Peninsula Center LLC
Schenken,robert S
Quit Claim Deed
$3,112,500 · Texas Cmnty Bk
May 21, 2008
—
Peninsula Tract Ltd
—
Trustees Deed
related
$2,400,000 · Gordon V Hartman Ents LP
Sep 1, 2006
—
M Theresa Dolan
Concordia Group
Grant Deed
related
—
—
—
Peninsula Tract Ltd
—
Deed Of Trust
related
$2,400,000 · Texas Community Bank & Trust
—
—
Peninsula Tract Ltd
—
Deed Of Trust
related
$2,400,000 · Gordon V Hartman Ents LP
—
—
Peninsula Tract Ltd
—
Deed Of Trust
related
$2,400,000 · Gordon V Hartman Ents LP
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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