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

    16209 San Pedro Ave Hollywood Park, TX 78232-3018

    • Retail space
    • 17,390 SF
    • 1.18 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-4100948
    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

    • Royal Tile / Flooring Store / Delivery Service

    Property Details for 16209 San Pedro Ave

    Year built
    1979
    Lot size
    1.18 lot acres
    Property size
    17,390 SF
    Property type
    Retail space
    APN
    04991-002-0222
    APU
    49910020222

    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
    Hollywood Park
    County
    Bexar
    State
    Texas
    Longitude
    -98.4751
    Latitude
    29.5899
    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
    $32,126
    $876,610
    $573,390
    $1,450,000
    -
    $876,610
    $573,390
    $1,450,000

    Comparable in this City

    • Value Estimation
      $1,570,000
      34,425 SF

      17700 San Pedro Ave

      RETAIL STORES (PERSONAL SERVICES) • 34,425 SF
      17700 San Pedro Ave, San Antonio, TX 78232-1404
      View Details
    • Value Estimation by Request
      7,800 SF

      13815 San Pedro Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,800 SF
      13815 San Pedro Ave, Hill Country Village, TX 78232-4333
      View Details
    • Value Estimation by Request
      31,191 SF

      2805 Thousand Oaks Dr

      Individual retail properties • 31,191 SF
      2805 Thousand Oaks Dr, San Antonio, TX 78232
      View Details
    • Value Estimation by Request
      6,202 SF

      17100 San Pedro Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,202 SF
      17100 San Pedro Ave, San Antonio, TX 78232-2254
      View Details
    • Value Estimation by Request
      12,360 SF

      13807 San Pedro Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,360 SF
      13807 San Pedro Ave, Hill Country Village, TX 78232-4333
      View Details
    • Value Estimation by Request
      720 SF

      2404 1000th Oaks Dr

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      2404 1000th Oaks Dr, San Antonio, TX 78232-3207
      View Details

    Similar Nearby for Sale

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      3,902 SF

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      Retail space with high visibility and pylon signage.
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      Versatile commercial building suitable for restaurant or retail use.
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      San Antonio Mixed-Use Investment

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      4,000 SF

      Retail Property in Upscale Area

      Retail property with co-tenants and abundant parking.
      203 N Loop 1604 W, San Antonio, TX 78232
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      28.53 Acres

      Prime San Antonio Commercial Land

      28.53 Acres, Loop 1604 Frontage
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      Prime Loop 1604 Frontage Land

      Land with extensive frontage in a high-demand residential area.
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    Similar Nearby for Lease

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      1,796 SF

      Retail Space Near San Antonio Airport

      Move-in ready retail spaces available near Highway 281.
      14526-14546 Brook Hollow Blvd, San Antonio, TX 78232
      View Details
    • $21 SF/Yr
      1,010 SF

      Retail/Office Space in High-Traffic Plaza

      Prime retail or office space in a thriving, accessible location.
      2805-2813 Thousand Oaks Dr, San Antonio, TX 78232
      View Details
    • Contact for pricing
      4,090 SF

      Retail Space Near San Antonio Airport

      Move-in ready retail spaces available near Highway 281.
      15102-15140 San Pedro Ave, San Antonio, TX 78232
      View Details
    • $18 SF/Yr
      2,365 SF

      Retail/Office Space in High-Traffic Plaza

      Prime retail or office space in a thriving, accessible location.
      2805 Thousand Oaks Dr, San Antonio, TX 78232
      View Details
    • Contact for pricing
      900 SF

      Move-In Ready Retail Spaces Available

      Retail spaces ranging from 900 to 8,400 SF for rent.
      15142-15164 San Pedro Ave, San Antonio, TX 78232
      View Details
    • Contact for pricing
      3,698 SF

      Retail Space in Mixed-Use Center

      Up to 10,000 SF retail space available for lease.
      1903 N Loop 1604 E, San Antonio, TX 78232
      View Details
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    16209 San Pedro Ave
    Hollywood Park, TX 78232-3018
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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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