Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    21891 Us-281 San Antonio, TX

    • Commercial real estate
    • 8,000 SF
    • 4.10 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6827011
    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

    • Commercial real estate

    Property Details for 21891 Us-281

    Lot size
    4.10 lot acres
    Property size
    8,000 SF
    Property type
    Commercial real estate

    Description

    This exceptional 4.1-acre commercial land parcel presents a remarkable investment opportunity in the thriving northern San Antonio area. Situated conveniently west of Highway 281, between Evans Road and Stone Oak Parkway, this property boasts a strategic location within a vibrant retail corridor and established residential neighborhoods. The site offers approximately 8,000 square feet of land, providing ample space for development. The property is zoned for multi-tenant use, allowing for flexibility in development plans, whether constructing a single large building or multiple individual pads for various tenants. This prime location ensures high visibility and accessibility, making it ideal for a wide range of commercial ventures. The surrounding area is characterized by strong retail presence and a robust residential population, guaranteeing a substantial customer base. This presents a unique chance to capitalize on the area's growth and establish a successful commercial enterprise. Detailed lease rates are available upon request. Don't miss this opportunity to secure a prominent location in one of San Antonio's most dynamic commercial zones. The property is ready for immediate development, offering a blank canvas for your vision. Contact us today to explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4529029
    Latitude
    29.6449945

    Comparable in this City

    • Contact for pricing

      Stone Oak Pad Site Opportunity

      Pad site for rent next to H-E-B in Stone Oak.
      23643 Wilderness Oak, San Antonio, TX 78258
      View Details
    • Contact for pricing
      40,946 SF

      Prime San Antonio Commercial Land

      Hwy 281 N, Build-to-Suit Opportunity
      23754 Us Highway 281, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Prime Commercial Land for Lease

      Land with excellent exposure near Loop 1604 and Blanco Road.
      1719 N Loop 1604 W, San Antonio, TX 78258
      View Details
    • Contact for pricing
      1 SF

      Prime San Antonio Development Land

      1.3 Acres, C-2 Zoning, Huebner Rd
      1604 Huebner Rd & Loop, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Prime San Antonio Commercial Land

      0.6-Acre Lot, Bexar County
      20079 Stone Oak Park Way, San Antonio, TX 78258
      View Details
    • $22 SF/Yr
      16,158 SF

      Prime San Antonio Office Space

      Class A Office Suites, Flexible Options
      18756 Stone Oak Pkwy, San Antonio, TX 78258
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      281.00 Acres

      Prime 281-Acre San Antonio Land

      Infill development site, ideal for residential.
      19001 Huebner Rd, San Antonio, TX 78258
      View Details
    • $1,395,000
      1.88 Acres

      Tuscany Stone Land: Prime San Antonio Site

      1.877 Acres, Medical/Commercial Potential
      18638 Tuscany Stone, San Antonio, TX 78258
      View Details
    • Contact for pricing
      4.78 Acres

      Prime San Antonio Commercial Land

      4.77 Acres, C-3 Zoning, High Visibility
      19615 Blanco Rd -, San Antonio, TX 78258
      View Details
    • $700,000
      8.00 Acres

      San Antonio Industrial Land - 8 Acres

      Prime 8-acre industrial lot in Bexar County.
      0 Us Highway 281, San Antonio, TX 78258
      View Details
    • Contact for pricing
      32.20 Acres

      Highway 281 Commercial Land

      Prime San Antonio acreage, C-2 zoning.
      2327 Northwind Blvd, San Antonio, TX 78258
      View Details
    • $150,000
      0.22 Acres

      Residential Land in Gated Community

      Land for sale in a gated San Antonio neighborhood.
      23439 Seven Winds, San Antonio, TX 78258
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,946 SF

      Prime San Antonio Commercial Land

      Hwy 281 N, Build-to-Suit Opportunity
      23754 Us Highway 281, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Prime Commercial Land for Lease

      Land with excellent exposure near Loop 1604 and Blanco Road.
      1719 N Loop 1604 W, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Stone Oak Pad Site Opportunity

      Pad site for rent next to H-E-B in Stone Oak.
      23643 Wilderness Oak, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Prime San Antonio Commercial Land

      0.6-Acre Lot, Bexar County
      20079 Stone Oak Park Way, San Antonio, TX 78258
      View Details
    • Contact for pricing
      1 SF

      Prime San Antonio Development Land

      1.3 Acres, C-2 Zoning, Huebner Rd
      1604 Huebner Rd & Loop, San Antonio, TX 78258
      View Details
    • $35 SF/Yr
      10,000 SF

      US-281 Medical Retail Space For Lease

      Bexar County medical suites available.
      26321 Us Highway 281, San Antonio, TX 78258
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21891 Us-281
    San Antonio, TX
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.