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    1902 Loop 1604th W San Antonio, TX 78248-4537
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    Property profile & analytics

    1902 Loop 1604th W, San Antonio, TX 78248-4537

    View on Map
    • Drug stores
    • 14,748 SF
    • 1.61 lot acres
    Off-Market
    Last Sale May 15, 2025
    Property ID
    US82-3954000
    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.
    Value Estimations
    $2,865,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • Walgreens Pharmacy / Pharmacy
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • FedEx OnSite / Postal Service / Courier Service
    • LibertyX Bitcoin ATM / Atm

    Property Details for 1902 Loop 1604th W

    Year built
    2009
    Lot size
    1.61 lot acres
    Property type
    Drug stores
    APN
    18908-002-0030
    APU
    189080020030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 15, 2025 — Cbh Rentals LLC Bch Holdings LLC Deed · related —
    Aug 15, 2025 — Bch Holdings LLC Cbh Rentals LLC Special Warranty Deed —
    Jun 24, 2022 — Cbh Rentals LLC Tilak Corporation Special Warranty Deed $5.6M · American First Cu

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,290,000
      6.5%
      $3,035,000
      7%
      $2,820,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,687,000
      Market price range: $728k - $2.69M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,995,000
      AUTO REPAIR, GARAGE
      $1,755,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5233
    Latitude
    29.6073
    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
    $85,506
    $2,914,140
    $810,860
    $3,725,000
    -
    $2,914,140
    $810,860
    $3,725,000

    Comparable in this City

    • Value Estimation
      $1,865,000
      9,600 SF

      16580 Huebner Rd

      DRUG STORE, PHARMACY
      16580 Huebner Rd, San Antonio, TX 78248-1695
      View Details
    • Value Estimation
      $1,310,000
      22,080 SF

      2526 Loop 1604th W

      FINANCIAL BUILDING
      2526 Loop 1604th W, San Antonio, TX 78248-4508
      View Details
    • Value Estimation
      $505,000
      3,360 SF

      16767 Huebner Rd

      FINANCIAL BUILDING
      16767 Huebner Rd, San Antonio, TX 78248-2342
      View Details
    • Value Estimation
      $3,260,000
      28,269 SF

      1410 Loop 1604th W

      RETAIL STORES (PERSONAL SERVICES)
      1410 Loop 1604th W, San Antonio, TX 78248-4511
      View Details
    • Value Estimation
      $540,000
      4,269 SF

      2514 Loop 1604

      FINANCIAL BUILDING
      2514 Loop 1604, San Antonio, TX 78248
      View Details
    • Value Estimation
      $2,955,000
      15,224 SF

      1846 Loop 1604th W

      RETAIL STORES (PERSONAL SERVICES)
      1846 Loop 1604th W, San Antonio, TX 78248-4539
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,323 SF

      Adaptable Retail/Office Property on Huebner

      3,323 SF retail/office property with drive-thru, high-traffic location.
      16767 Huebner Rd, San Antonio, TX 78248
      View Details
    • $1,140,000

      San Antonio Land For Sale

      Commercial land available west of Heubner Rd on W-1604.
      2026 Loop 1604 N, San Antonio, TX 78248
      View Details
    • Contact for pricing

      Prime Commercial Lot on 1604

      0.92-acre commercial lot with high visibility and accessibility.
      2026 N Loop 1604 W, San Antonio, TX 78248
      View Details
    • Contact for pricing
      193,970 SF

      San Antonio Portfolio Opportunity

      Two stabilized commercial properties in San Antonio's growing submarkets.
      2310 N Loop 1604 W, San Antonio, TX 78248
      View Details
    • $165,000
      0.12 Acres

      Residential Lot in Gated Community

      Vacant lot in gated community for custom home.
      1706 Wild Deer Cir, San Antonio, TX 78248
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,300 SF

      Retail Center in Affluent Neighborhoods

      Strategically located retail center with high visibility and traffic flow.
      13453-13489 Blanco Rd, San Antonio, TX 78248
      View Details
    • Contact for pricing
      4,653 SF

      Retail Space with Highway Exposure

      Retail space with highway access and affluent neighborhood surroundings.
      2602 N Loop 1604 W, San Antonio, TX 78248
      View Details
    • Contact for pricing
      1,891 SF

      Retail Space on Loop 1604

      Retail space available for lease on Loop 1604.
      1130 Loop 1604 W, San Antonio, TX 78248
      View Details
    • Contact for pricing
      7,928 SF

      Retail Space on Huebner Road

      Retail property available for lease on Huebner Road.
      15614 Huebner Rd, San Antonio, TX 78248
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in San Antonio, Texas.
      1826N Loop 1604 W, San Antonio, TX 78248
      View Details
    • Contact for pricing

      Retail Center with Medical Spaces

      Neighborhood retail center with medical and fitness spaces available for lease.
      16675 Huebner Rd, San Antonio, TX 78248
      View Details
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    San Antonio, TX 78248-4537
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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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