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Property profile & analytics
OFF-MARKET
Commercial real estate
205 Main St Cibolo, TX 78108-3518
Entity Owned
1-yr Hold
Property ID
US82-9263850
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1945
Construction
WOOD FRAME
Total area
2,234 SF
Lot
1.14 ac (49,615 SF)
APN
1G-2184-0001-00300-000
UPID
US82-9263850
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
-
Hero First Real Estate, LLC Real Estate Agency
-
Purple Leef - CBD Shop (Bike/Boat/Book/etc) Store Specialty Food Shop
-
A'nis Aesthetics MedSpa Spa & Massage Center Alternative Medicine Practice
-
New York Life Insurance Agency
-
Frank N Caesar III Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Cibolo · 1 yrs held
City Of Cibolo
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cibolo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cibolo 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$47,422
Tax year 2023
Assessed value
$2,495,700
Assessed 2024
Previous assessed
$2,466,300
+1.2% YoY
Effective rate
1.90%
On assessed value
Assessed land
$132,018
Assessed improvement
$2,363,682
Land market value
$132,018
Improvement market value
$2,363,682
Total market value
$2,495,700
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1945
Construction
WOOD FRAME
Heating
NONE
Buildings
3
Stories
1
Total area
2,234 SF
Lot
1.14 ac (49,615 SF)
APN
1G-2184-0001-00300-000
UPID
US82-9263850
Jurisdiction
GUADALUPE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1945
Construction
WOOD FRAME
Heating
NONE
Stories
1
Buildings
3
Lot
1.14 ac
Current owner
From public records · entity-resolved
City Of Cibolo
Entity
Mailing address
200 S MAIN ST, CIBOLO, TX 78108-3681
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2025
—
City Of Cibolo
Noble Group Properties LLC
Deed
related
—
Aug 21, 2024
—
City Of Cibolo
Noble Group Properties LLC
Special Warranty Deed
—
Jan 30, 2019
—
Noble Group Realty LLC
—
Deed
related
$1,750,000 · Comerica Bk
Aug 21, 2018
—
Noble Group Realty LLC
—
Deed
related
$800,000 · Comerica Bk
Jul 23, 2018
—
Noble Group Realty LLC
—
Deed
related
$738,000 · Comerica Bk
Feb 7, 2018
—
Noble Group Realty LLC
—
Deed
related
$738,000 · Comerica Bk
Apr 10, 2017
—
Noble Group Realty LLC
—
Deed
related
$50,000 · Comerica Bk
Feb 14, 2017
—
Noble Group Realty LLC
—
Trustees Deed
related
$738,000 · Comerica Bk
Oct 5, 2016
—
Noble Group Realty LLC
—
Trustees Deed
related
$50,000 · Comerica Bk
Jun 27, 2012
—
Noble Group Realty LLC
Melba S Vroman
Warranty Deed
$72,500 · American Bk/tx
Sep 27, 2010
—
Noble Group Properties LLC
Donnovan B Jackson
Warranty Deed
$30,000 · American Bk/tx
Aug 26, 2010
—
Jackson,donnovan B & Deidre D
Sandra J Mulkey
Warranty Deed
related
—
—
—
Noble Group Realty LLC
—
Deed Of Trust
related
$1,750,000 · Comerica Bk
—
—
Noble Group Realty LLC
—
Deed Of Trust
related
$800,000 · Comerica Bk
—
—
Noble Group Realty LLC
—
Loan Modification
related
$72,500 · American Bk/tx
—
—
Noble Group Realty LLC
—
Loan Modification
related
$50,000 · Comerica Bk
—
—
Noble Group Realty LLC
—
Loan Modification
related
$738,000 · Comerica Bk
—
—
Noble Group Realty LLC
—
Loan Modification
related
$50,000 · Comerica Bk
—
—
Noble Group Realty LLC
—
Loan Modification
related
$800,000 · Comerica Bk
—
—
Noble Group Realty LLC
—
Loan Modification, Consolidation And Extension
related
$738,000 · Comerica 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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