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

    1815 Fredericksburg Rd San Antonio, TX 78201-5039

    • Turn key restaurants
    • 2,907 SF
    • 0.22 lot acres
    OFF-MARKET
    Last Sale
    Mar 03, 2022
    Value Estimations
    $330,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2142672
    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

    • Deco Pizzeria / Pizza Restaurant / Bar

    Property Details for 1815 Fredericksburg Rd

    Year built
    1960
    Lot size
    0.22 lot acres
    Property size
    2,907 SF
    Property type
    Turn key restaurants
    APN
    01929-036-0012
    APU
    19290360012

    Description

    This exceptional 2,907-square-foot retail or restaurant space is ideally situated at 1815 Fredericksburg Rd in San Antonio, Texas, within Bexar County. The property, zoned C-2, boasts a convenient location on a major thoroughfare, at the corner of W Grammercy Ln and Fredericksburg Rd, in Northwest San Antonio. Built in 1960 and extensively renovated in 2020, the single-tenant building is currently vacant and ready for immediate occupancy. The 0.21-acre lot provides ample on-site parking for customers and staff. Previously occupied by a pizza restaurant, the property is in move-in condition, making it an excellent opportunity for a quick start for a new restaurant or retail business. The building's 2,907 square feet offer a versatile layout adaptable to various concepts. This property presents a rare chance to acquire a well-maintained, updated commercial space in a high-traffic area of San Antonio. The property's 78201 zip code places it within a vibrant and growing community. All utilities are available. This is a turnkey opportunity for a savvy investor or operator seeking a prime location in a thriving market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $340,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $317,000
      Market price range: $317k - $608k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $450,000
      Current use
      COMMERCIAL (GENERAL)
      $490,000
      Change: +8% Conversion: Easy
      RETAIL STORES
      $375,000
      Change: -17% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5233
    Latitude
    29.4615
    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
    $12,339
    $112,240
    $382,760
    $495,000
    -
    $112,240
    $382,760
    $495,000

    Comparable in this City

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      440 Xrds Blvd

      RESTAURANT • 50,170 SF
      440 Xrds Blvd, San Antonio, TX 78201-6510
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    • Value Estimation
      $240,000
      1,748 SF

      1322 Culebra Rd

      RESTAURANT • 1,748 SF
      1322 Culebra Rd, San Antonio, TX 78201-5907
      View Details
    • Value Estimation
      $325,000
      1,732 SF

      1003 Culebra Rd

      RESTAURANT • 1,732 SF
      1003 Culebra Rd, San Antonio, TX 78201-6120
      View Details
    • Value Estimation
      $270,000
      2,256 SF

      1808 Ww Ave

      RESTAURANT • 2,256 SF
      1808 Ww Ave, San Antonio, TX 78201-3552
      View Details
    • Value Estimation
      $365,000
      2,697 SF

      914 Hildebrand Ave

      RESTAURANT • 2,697 SF
      914 Hildebrand Ave, San Antonio, TX 78201-4606
      View Details
    • Value Estimation
      $250,000
      1,992 SF

      919 Hildebrand Ave

      RESTAURANT • 1,992 SF
      919 Hildebrand Ave, San Antonio, TX 78201-4607
      View Details

    Similar Nearby for Sale

    • $1,100,000
      2,700 SF

      Fredericksburg Road Restaurant Opportunity

      Restaurant building with drive-thru near Wonderland of the Americas Mall.
      4219 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • $2,378,504
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      Fredericksburg Road Car Wash Restaurant

      Car wash and restaurant on 0.83 acres for sale.
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      5,112 SF

      Prime San Antonio Office/Retail

      5,112 SF Office/Retail Building, San Antonio
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      View Details
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      2,049 SF

      Freestanding Retail Building, San Antonio

      Prime Fredericksburg Rd. location, drive-thru.
      0 Freestanding Bldg With Dr Thru On Fredericksburg Rd, San Antonio, TX 78201
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    • $425,000

      San Antonio Car Wash Opportunity

      Self-service car wash in revitalizing Woodlawn Lake neighborhood.
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      2,049 SF

      Retail Space on Fredericksburg Road

      Retail property with high visibility and recent upgrades for sale.
      2311 Fredericksburg Rd, San Antonio, TX 78201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,049 SF

      Prime Fredericksburg Rd Retail Space

      Freestanding Building w/ Drive-Thru, San Antonio
      2319 Fredericksburg Rd, San Antonio, TX 78201
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      3,411 SF

      Retail Space in Lifestyle Center

      Retail spaces available in a main street layout shopping center.
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      2,956 SF

      Fredericksburg Road Retail Opportunity

      Rare QSR space in high-traffic Balcones Heights retail corridor.
      4519 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on Culebra Road

      Retail space with excellent visibility and easy access.
      1922 Culebra Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Deco District

      1,500 SF retail space in a densely populated area.
      1724-1726 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • $8 SF/Yr
      6,270 SF

      Retail Space on Fredericksburg Road

      Retail space available in San Antonio with recent exterior upgrades.
      3655 Fredericksburg Rd, San Antonio, TX 78201
      View Details
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    San Antonio, TX 78201-5039
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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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