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

    1812 Presa St San Antonio, TX 78210

    • Warehouses
    • 5,824 SF
    • 0.35 lot acres
    For Sale
    View listing
    $749,900
    Last Sale
    Jul 09, 2024
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2324497
    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

    • Texas Business Products / (Bike/Boat/Book/etc) Store
    • School Mart Inc / (Bike/Boat/Book/etc) Store

    Property Details for 1812 Presa St

    Year built
    1950
    Lot size
    0.35 lot acres
    Property size
    5,824 SF
    Property type
    Warehouses
    APN
    03840-001-0010
    APU
    38400010010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $385,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $675,000
      6.5%
      $620,000
      7%
      $580,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $651,000
      Market price range: $198k - $809k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $485,000
      Current use
      RETAIL STORES
      $1,035,000
      Change: +113% Conversion: Moderate
      RESTAURANT
      $975,000
      Change: +101% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $840,000
      Change: +73% Conversion: Easy
      MEDICAL BUILDING
      $480,000
      Change: -1% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $470,000
      Change: -4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.483
    Latitude
    29.4029
    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
    $17,761
    $599,480
    $155,020
    $754,500
    -
    $599,480
    $155,020
    $754,500

    Comparable in this City

    • Value Estimation
      $1,185,000
      9,996 SF

      1407 Saint Marys St

      WAREHOUSE, STORAGE • 9,996 SF
      1407 Saint Marys St, San Antonio, TX 78210-1227
      View Details
    • Value Estimation
      $6,120,000
      63,600 SF

      327 Riverside Dr

      WAREHOUSE, STORAGE • 63,600 SF
      327 Riverside Dr, San Antonio, TX 78210-4958
      View Details
    • Value Estimation
      $1,940,000
      28,026 SF

      533 Delaware St

      WAREHOUSE, STORAGE • 28,026 SF
      533 Delaware St, San Antonio, TX 78210-1715
      View Details
    • Value Estimation by Request
      2,346 SF

      94 Baity Ct

      WAREHOUSE, STORAGE • 2,346 SF
      94 Baity Ct, San Antonio, TX 78210
      View Details
    • Value Estimation by Request
      7,096 SF

      2311 Hackberry St

      WAREHOUSE, STORAGE • 7,096 SF
      2311 Hackberry St, San Antonio, TX 78210-4373
      View Details
    • Value Estimation by Request
      1,880 SF

      1843 Rigsby Ave

      WAREHOUSE, STORAGE • 1,880 SF
      1843 Rigsby Ave, San Antonio, TX 78210-3323
      View Details

    Similar Nearby for Sale

    • $2,200,000
      12,950 SF

      San Antonio Industrial Value-Add

      13,000 SF Warehouse, 2 Acres, High ROI
      1402 Hoefgen Ave, San Antonio, TX 78210
      View Details
    • $879,000
      9,032 SF

      Hoefgen Ave Warehouse - San Antonio

      Prime Industrial Warehouse, Owner/User Opportunity
      1002 Hoefgen Ave, San Antonio, TX 78210
      View Details
    • $749,900

      South Presa Street Commercial Building

      5,824 SF building near downtown San Antonio for sale.
      1812 S Presa St, San Antonio, TX 78210
      View Details
    • Contact for pricing
      6.00 Acres

      Mission Road Commercial Land

      Six-acre commercial lot in San Antonio, TX.
      0 Mission Rd, San Antonio, TX 78210
      View Details
    • $629,000

      San Antonio Specialty Property For Sale

      Specialty property available for purchase in San Antonio, Texas.
      233 Delaware St, San Antonio, TX 78210
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    • $2,395,000

      Specialty Property for Sale

      Specialty property available for purchase.
      1231 S Alamo St, San Antonio, TX 78210
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    Similar Nearby for Lease

    • $2,470 /Mo
      28,392 SF

      San Antonio Warehouse, Office, Yard

      Warehouse, office, and yard space with I-37 access.
      303 Indiana St, San Antonio, TX 78210
      View Details
    • $9 SF/Yr
      16,000 SF

      San Antonio Warehouse Space Available

      16,000 square foot warehouse space for lease.
      1200 Hoefgen Ave, San Antonio, TX 78210
      View Details
    • Contact for pricing
      1,443 SF

      King William District Office Space

      1443 sq ft Creative Office Sublease
      1008 Alamo St, San Antonio, TX 78210
      View Details
    • Contact for pricing
      10,000 SF

      Presa Street Retail Space For Lease

      10,000 SF Retail Space Available Now
      2701 Presa St, San Antonio, TX 78210
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Near Walmart

      Retail space with excellent access and exposure on Rigsby Avenue.
      5313 Rigsby Ave, San Antonio, TX 78210
      View Details
    • $1,200 /Mo

      Furnished Duplex Near San Antonio

      Updated, furnished duplex with backyard access, near San Antonio attractions.
      231 W High Ave, San Antonio, TX 78210
      View Details
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    1812 Presa St
    San Antonio, TX 78210
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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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