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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2340 Culebra Rd San Antonio, TX 78228-6312

    • Strip malls
    • 720 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimations
    $335,000
    Show details
    Cap Rate Potential
    3.3%
    Strip malls
    Location Intelligence
    Property ID
    US82-0338485
    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

    • Barbies Beauty / Beauty Salon
    • Anguiano Insurance Agency / Auto Insurance Agency
    • Brillante Beauty Salon / Beauty Salon
    • Herradura Barber Shop / Barber Shop

    Property Details for 2340 Culebra Rd

    Year built
    1945
    Lot size
    0.15 lot acres
    Property size
    720 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    08882-002-0030
    APU
    88820020030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $335,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5448
    Latitude
    29.4468
    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
    $2,559
    $48,700
    $62,300
    $111,000
    -
    $48,700
    $62,300
    $111,000

    Comparable in this City

    • Value Estimation
      $415,000
      6,210 SF

      311 Saint Cloud Rd

      SHOPPING CENTER, STRIP CENTER • 6,210 SF
      311 Saint Cloud Rd, San Antonio, TX 78228-5011
      View Details
    • Value Estimation
      $510,000
      7,440 SF

      4438 Culebra Rd

      SHOPPING CENTER, STRIP CENTER • 7,440 SF
      4438 Culebra Rd, San Antonio, TX 78228-5671
      View Details
    • Value Estimation
      $455,000
      7,984 SF

      2704 Hillcrest Dr

      SHOPPING CENTER, STRIP CENTER • 7,984 SF
      2704 Hillcrest Dr, San Antonio, TX 78228-1538
      View Details
    • Value Estimation
      $340,000
      1,440 SF

      2540 Culebra Rd, Unit 1

      SHOPPING CENTER, STRIP CENTER • 1,440 SF
      2540 Culebra Rd, San Antonio, TX 78228-6315
      View Details
    • Value Estimation
      $510,000
      7,250 SF

      1628 Bandera Rd

      SHOPPING CENTER, STRIP CENTER • 7,250 SF
      1628 Bandera Rd, San Antonio, TX 78228-3803
      View Details
    • Value Estimation
      $490,000
      16,000 SF

      451 Bandera Rd

      SHOPPING CENTER, STRIP CENTER • 16,000 SF
      451 Bandera Rd, San Antonio, TX 78228-5574
      View Details

    Similar Nearby for Sale

    • $1,359,000
      11,970 SF

      Retail Investment Opportunity in San Antonio

      7,760 SF retail building with five units for sale.
      3580 Culebra Rd, San Antonio, TX 78228
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    • Contact for pricing
      18,500 SF

      Bandera Road Retail Center

      San Antonio Shopping Center - 18,500 SF
      451 Bandera Rd, San Antonio, TX 78228
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      Retail Center with Great Lease

      Retail center with favorable lease rates, near Dollar General.
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      19,730 SF

      Income-Producing Properties in San Antonio

      Two multi-tenant buildings with upside potential in Near Northwest submarket.
      3570-3580 Culebra Rd, San Antonio, TX 78228
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      Retail/Office Space For Sale

      Conveniently located retail or office spaces with customization options.
      1569 Bandera Rd, San Antonio, TX 78228
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    • $1,500,000

      Restaurant and Fruteria For Sale

      Restaurant and Fruteria on high-traffic corner lot.
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    Similar Nearby for Lease

    • Contact for pricing
      9,040 SF

      Retail Space in Established Center

      Neighborhood retail center space for lease near Walmart Supercenter.
      813-849 Bandera Rd, San Antonio, TX 78228
      View Details
    • $15 SF/Yr
      2,500 SF

      Retail Space in San Antonio

      Retail or office spaces available in a high-traffic location.
      1571-1589 Bandera Rd, San Antonio, TX 78228
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Walmart Anchored Center

      Retail space available in high-traffic Walmart-anchored shopping center.
      934 Bandera Rd, San Antonio, TX 78228
      View Details
    • Contact for pricing
      3,999 SF

      Retail Space with Drive-Thru

      Retail space available with drive-thru in San Antonio, TX.
      1704 Bandera Rd, San Antonio, TX 78228
      View Details
    • Contact for pricing
      1,080 SF

      Retail Space on Bandera Road

      1,080 SF in-line retail space available for lease.
      11650 Bandera Rd, San Antonio, TX 78228
      View Details
    • Contact for pricing
      3,040 SF

      Retail Space Available for Lease

      Retail space available for lease in San Antonio, Texas.
      1726 Bandera Rd, San Antonio, TX 78228
      View Details
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    2340 Culebra Rd
    San Antonio, TX 78228-6312
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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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