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Property profile & analytics
FOR LEASE
Warehouses
1870 W Bitters Rd San Antonio, TX 78248
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-4253002
For Lease
1 / 4
$22 SF/Yr
1870 W Bitters Rd, San Antonio, TX 78248
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
6,460 SF
Lot
1 ac (43,560 SF)
APN
18197-001-0040
UPID
US82-4253002
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
-
PCSgrades Real Estate Agency
-
Luciano Management Corporate Office
-
Mutual of Omaha Reverse - Melinda Hipp Loan Service Bank
-
Rachel Bland Physician
-
Julie Poidevin Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$615k
Blend (final)
Blend
$655k
Owner & transaction history
Ec Ventures Series LLC · 10 yrs held
Ec Ventures Series LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$875,000
+129.4%
Auto repair, garage
$770,000
+101.7%
Retail stores
$735,000
+92.9%
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%
$750,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
RESTAURANT
$875,000
Change: +129% · Conversion: Difficult
AUTO REPAIR, GARAGE
$770,000
Change: +102% · Conversion: Easy
RETAIL STORES
$735,000
Change: +93% · Conversion: Moderate
COMMERCIAL (GENERAL)
$660,000
Change: +73% · Conversion: Difficult
MEDICAL BUILDING
$535,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$430,000
Change: +13% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$415,000
Change: +9% · Conversion: Difficult
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
$101 / 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
$40,458
Tax year 2023
Assessed value
$1,812,000
Assessed 2024
Previous assessed
$1,812,000
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$420,790
Assessed improvement
$1,391,210
Land market value
$420,790
Improvement market value
$1,391,210
Total market value
$1,812,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1997
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
6,460 SF
Lot
1 ac (43,560 SF)
APN
18197-001-0040
UPID
US82-4253002
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
RESTAURANT
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$770,000
RETAIL STORES
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$660,000
MEDICAL BUILDING
Est. value
$535,000
OFFICE BUILDING
Est. value
$430,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$415,000
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1997
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Ec Ventures Series LLC
Entity
Mailing address
1870 W BITTERS RD STE #103, SAN ANTONIO, TX 78248-1827
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
—
Ec Ventures Series LLC
—
Deed
related
$10,000,000 · Stearns Bank NA
Oct 28, 2019
—
Ec Ventures Series LLC
—
Deed
related
$1,300,000 · Randolph Brooks FCU
Feb 22, 2016
—
Ec Ventures Series LLC
Cunningham R J Trust
Quit Claim Deed
related
$1,300,000 · Randolph Brooks FCU
Feb 3, 2015
—
Ec Ventures Ltd
Robert Monroe
Venders Lien
$1,300,000 · Randolph Brooks FCU
—
—
Ec Ventures Series LLC
—
Loan Modification
related
$1,300,000 · Randolph Brooks FCU
—
—
Ec Ventures Ltd
—
Loan Modification
related
$1,055,301 · Randolph Brooks FCU
—
—
Ec Ventures Ltd
—
Loan Modification
related
$1,300,000 · Randolph Brooks FCU
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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