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    Property profile & analytics

    2101 Pat Booker Rd Universal City, TX 78148

    • Office Properties & Spaces
    • 10,390 SF
    • 1.09 lot acres
    For Sale
    View listing
    $3,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4587006
    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

    • Office Properties & Spaces

    Property Details for 2101 Pat Booker Rd

    Year built
    2019
    Lot size
    1.09 lot acres
    Property size
    10,390 SF
    Property type
    Office Properties & Spaces
    APN
    05047-601-0010
    APU
    50476010010

    Description

    This exceptional investment opportunity presents a 9,855 square foot, single-story, fee-simple retail and medical office building located at 2101 Pat Booker Rd, Universal City, TX 78148. Built in 2019, the property boasts 100% occupancy with two tenants: Elite Endodontics (now part of Specialized Dental Partners, a large national chain with over 200 locations) and First Command. The property offers a strong net lease investment with a 7.23% cap rate and a net operating income (NOI) of $216,810, based on an asking price of $3,000,000 ($304.41 per square foot). Situated on a 1.1-acre lot, this property enjoys a highly visible location on a major thoroughfare connecting Interstate 35 and Randolph Air Force Base, benefiting from exceptional daily traffic volume (I-35: 159,610 vehicles per day

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,715,000
      6.5%
      $1,580,000
      7%
      $1,470,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,407,000
      Market price range: $512k - $1.75M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,080,000
      Current use
      RESTAURANT
      $1,460,000
      Change: +35% Conversion: Difficult
      RETAIL STORES
      $1,295,000
      Change: +20% Conversion: Easy
      AUTO REPAIR, GARAGE
      $920,000
      Change: -15% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Universal City
    County
    Bexar
    State
    Texas
    Longitude
    -98.3123
    Latitude
    29.5539
    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
    $49,697
    $669,670
    $1,495,330
    $2,165,000
    -
    $669,670
    $1,495,330
    $2,165,000

    Comparable in this City

    • Value Estimation by Request
      288 SF

      201 Pat Booker Rd

      OFFICE (GENERAL) • 288 SF
      201 Pat Booker Rd, Universal City, TX 78148-4427
      View Details
    • Value Estimation
      $775,000
      19,712 SF

      433 Kitty Hawk Rd

      OFFICE (GENERAL) • 19,712 SF
      433 Kitty Hawk Rd, Universal City, TX 78148-3357
      View Details
    • Value Estimation by Request
      5,910 SF

      2117 Pat Booker Rd

      OFFICE (GENERAL) • 5,910 SF
      2117 Pat Booker Rd, Universal City, TX 78148-3225
      View Details
    • Value Estimation by Request
      4,554 SF

      2060 Universal City Blvd

      OFFICE (GENERAL) • 4,554 SF
      2060 Universal City Blvd, Universal City, TX 78148-3513
      View Details
    • Value Estimation by Request
      720 SF

      318 Byrd Blvd

      OFFICE (GENERAL) • 720 SF
      318 Byrd Blvd, Universal City, TX 78148-4334
      View Details
    • Value Estimation
      $36,915,000
      432,144 SF

      1 Randolph Plz Dr

      OFFICE (GENERAL) • 432,144 SF
      1 Randolph Plz Dr, Universal City, TX 78148
      View Details

    Similar Nearby for Sale

    • $3,000,000
      10,390 SF

      Universal City Medical/Retail Property

      Two-tenant medical/retail property in Universal City, Texas.
      2101 Pat Booker Rd, Universal City, TX 78148
      View Details
    • $994,950

      Universal City Warehouse and Office

      Office and warehouse space available for purchase or rent.
      1300 Universal City Blvd, Universal City, TX 78148
      View Details
    • $247,000

      Universal City Specialty Property

      Specialty property for sale in Universal City, Texas.
      10611 Apple Spgs, Universal City, TX 78148
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    • $440,000

      Universal City Specialty Property

      Specialty property available for sale in Universal City, Texas.
      153 Amistad Blvd, Universal City, TX 78148
      View Details
    • $600,000

      Established Automotive Shop For Sale

      Family-owned automotive shop with prime location and loyal customer base.
      119 W Lindbergh Blvd, Universal City, TX 78148
      View Details
    • $60,000
      0.14 Acres

      Land in Universal City, TX

      Prime land in Universal City with development potential.
      213 E Lindbergh Blvd, Universal City, TX 78148
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      1,435 SF

      Universal City Office Space Available

      Office space available for rent in Universal City, TX.
      433 Kitty Hawk Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      2,939 SF

      Office Space Near Retail Center

      Office space with high visibility and easy access.
      2318-2326 Pat Booker Rd, Universal City, TX 78148
      View Details
    • $13 SF/Yr
      32,640 SF

      Universal City Event Center Space

      Prime Office Space Near Randolph AFB
      300 Kitty Hawk Rd, Universal City, TX 78148
      View Details
    • $17 SF/Yr
      102,527 SF

      Prime Universal City Retail Space

      15,893 SF Retail Space - High Traffic Location
      3150 Pat Booker Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      1 SF

      Kitty Hawk Retail Pad Sites

      Prime Universal City Retail Land, 1-5 Acres
      1604 And Kitty Hawk, Universal City, TX 78148
      View Details
    • Contact for pricing
      13,828 SF

      Coronado Square Retail Spaces Available

      Prime Universal City Retail, 3 Spaces
      2318 Pat Booker Rd, Universal City, TX 78148
      View Details
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    Universal City, TX 78148
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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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