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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Warehouses
2243 Commerce St San Antonio, TX 78203-1901
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US83-1467584
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
8,838 SF
Lot
0.61 ac (26,572 SF)
APN
01440-007-0270
UPID
US83-1467584
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
-
Fermenteria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
$945k
Comparable Approach
Comparable
$666k
Blend (final)
Blend
$685k
Owner & transaction history
Gideon Contracting LLC · 10 yrs held
Gideon Contracting LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+101.7%
Retail stores
$1.0M
+92.9%
Medical building
$730,000
+40.3%
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
$440,000
CAP Approach
CAP Return
Estimation
6%
$1,025,000
6.5%
$945,000
7%
$875,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$520,000
Current use
AUTO REPAIR, GARAGE
$1,050,000
Change: +102% · Conversion: Easy
RETAIL STORES
$1,005,000
Change: +93% · Conversion: Moderate
MEDICAL BUILDING
$730,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$585,000
Change: +13% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$570,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$78 / 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
$29,664
Tax year 2023
Assessed value
$1,237,000
Assessed 2024
Previous assessed
$1,237,000
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$333,210
Assessed improvement
$903,790
Land market value
$333,210
Improvement market value
$903,790
Total market value
$1,237,000
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
Off-Market
Year built
1960
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
8,838 SF
Lot
0.61 ac (26,572 SF)
APN
01440-007-0270
UPID
US83-1467584
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
WAREHOUSE, STORAGE Current
Est. value
$520,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$730,000
OFFICE BUILDING
Est. value
$585,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$570,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1960
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Gideon Contracting LLC
Entity
Mailing address
PO BOX 831065, SAN ANTONIO, TX 78283-1065
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2022
—
Gideon Contracting
—
Deed
related
$725,000 · Texas Partners Bank
Apr 12, 2018
—
Gideon Contracting LLC
—
Deed
related
$1,000,000 · Frost Bk
May 5, 2017
—
Gideon Contracting LLC
—
Deed
related
$804,000 · Frost Bk
May 20, 2016
—
Gideon Contracting LLC
2300 Commerce LLC
Grant Deed
$406,000 · Bank Of San Antonio
—
—
2300 Commerce LLC
—
Loan Modification
related
$96,000 · Texas Cmnty Bk
—
—
2300 Commerce LLC
—
Deed Of Trust
related
$100,000 · United Sa FCU
—
—
Gideon Contracting LLC
—
Deed Of Trust
related
$804,000 · Frost Bk
—
—
Gideon Contracting LLC
—
Deed Of Trust
related
$1,000,000 · Frost Bk
—
—
2300 Commerce LLC
—
Deed Of Trust
related
$25,000 · Texas Cmnty 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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