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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Retail space
18670 40th 6th Pkwy Spring Branch, TX 78070-6888
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US83-3521841
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
7,308 SF
Lot
2.42 ac (105,589 SF)
APN
45-0712-0670-00
UPID
US83-3521841
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
-
Island Tan Premier Salon Tanning Salon
-
Bexar Roots (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Trinity Karate Dojo Sports School
-
Hill Country Wellness LLC Crisis Center Medical Clinic
-
Michelle Saunders Marriage Or Relationship Counselor Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$655k
Owner & transaction history
Sup Cooper Ridge LLC · 4 yrs held
Sup Cooper Ridge LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$960,000
+66.1%
Commercial (general)
$820,000
+42.3%
Office building
$670,000
+15.6%
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 Spring Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Branch 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$580,000
Current use
AUTO REPAIR, GARAGE
$960,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$820,000
Change: +42% · Conversion: Easy
OFFICE BUILDING
$670,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$90 / 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
$52,618
Tax year 2023
Assessed value
$3,111,948
Assessed 2023
Previous assessed
$3,111,948
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$933,940
Assessed improvement
$2,178,008
Land market value
$933,940
Improvement market value
$2,178,008
Total market value
$3,111,948
Applied tax rate
46.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
7,308 SF
Lot
2.42 ac (105,589 SF)
APN
45-0712-0670-00
UPID
US83-3521841
Jurisdiction
COMAL
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
RETAIL STORES Current
Est. value
$580,000
AUTO REPAIR, GARAGE
Est. value
$960,000
COMMERCIAL (GENERAL)
Est. value
$820,000
OFFICE BUILDING
Est. value
$670,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
Buildings
2
Lot
2.42 ac
Current owner
From public records · entity-resolved
Sup Cooper Ridge LLC
Entity
Mailing address
1827 FM 1077, BANDERA, TX 78003-4194
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
—
Sup Cooper Ridge LLC
C L Grote Ltd
Venders Lien
$1,920,000 · Security State Bank & Trust
Nov 14, 2017
—
C L Grote Ltd
—
Deed
related
$1,100,000 · Broadway Bk
Mar 19, 2008
—
Cl Grote Ltd
Bass,frank
Warranty Deed
$1,650,000 · Liberty Mutual Insurance Co
Nov 20, 2006
—
Frank Bass
At Holding Copper Ridge LLC
Warranty Deed
$800,000 · Texas Hills Bank
Jun 5, 2006
—
Tuy Q Nguyen
Huynh,phuong T
Grant Deed
related
$690,000 · Schertz Bank & Trust
Jun 17, 2004
—
Phuong T Huynh
Southerland Of Rcr Venture Ltd
Warranty Deed
related
$200,000 · Schertz Bank & Trust
—
—
Frank Bass
—
Deed Of Trust
related
$500,000 · Texas Hills Bank Spring Br Tx
—
—
C L Grote Ltd
—
Deed Of Trust
related
$1,100,000 · Broadway Bk
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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