Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    23737 Bulverde Rd San Antonio, TX 78259-2189

    • Banks
    • 4,200 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4830973
    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

    • RBFCU - ATM / Atm
    • RBFCU - Marshall Road / Atm / Credit Union

    Property Details for 23737 Bulverde Rd

    Year built
    2008
    Lot size
    1.60 lot acres
    Property size
    4,200 SF
    Property type
    Banks
    APN
    18218-010-0050
    APU
    182180100050

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $510,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $551,000
      Market price range: $346k - $551k

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4358
    Latitude
    29.6622
    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
    $63,126
    $1,320,740
    $1,429,260
    $2,750,000
    -
    $1,320,740
    $1,429,260
    $2,750,000

    Comparable in this City

    • Value Estimation
      $475,000
      4,216 SF

      21910 Encino Cmns

      FINANCIAL BUILDING • 4,216 SF
      21910 Encino Cmns, San Antonio, TX 78259
      View Details
    • Value Estimation
      $565,000
      4,345 SF

      17614 Bulverde Rd

      FINANCIAL BUILDING • 4,345 SF
      17614 Bulverde Rd, San Antonio, TX 78259-3705
      View Details
    • Value Estimation
      $465,000
      4,018 SF

      3659 Evans Rd

      FINANCIAL BUILDING • 4,018 SF
      3659 Evans Rd, San Antonio, TX 78259-1717
      View Details
    • Value Estimation
      $395,000
      4,650 SF

      1775 Encino Rio

      CONVENIENCE STORE • 4,650 SF
      1775 Encino Rio, San Antonio, TX 78259-1823
      View Details
    • Value Estimation
      $510,000
      14,488 SF

      22114 Bulverde Rd

      DRUG STORE, PHARMACY • 14,488 SF
      22114 Bulverde Rd, San Antonio, TX 78259-2180
      View Details
    • Value Estimation
      $450,000
      7,590 SF

      21740 Bulverde Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,590 SF
      21740 Bulverde Rd, San Antonio, TX 78259-2191
      View Details

    Similar Nearby for Sale

    • $2,400,000
      131,682 SF

      NW Loop 1604 Commercial Pads

      Two prime commercial land sites in San Antonio.
      3507 Loop 1604, San Antonio, TX 78259
      View Details
    • Contact for pricing
      353,179 SF

      Legacy Shopping Center For Sale

      353,179 SF mixed-use center in San Antonio, 89% occupied.
      18402 Us Highway 281 N, San Antonio, TX 78259
      View Details
    • Contact for pricing
      2.85 Acres

      Highway 281 N Commercial Land

      2.85 Acres, High-Traffic Retail/Office Site
      25082 Us Highway 281, San Antonio, TX 78259
      View Details
    • $965,000

      San Antonio Specialty Property For Sale

      Specialty property available for purchase in San Antonio, Texas.
      22418 Roan Frst, San Antonio, TX 78259
      View Details
    • Contact for pricing
      63,597 SF

      Development Lot on Bulverde Rd

      Large development lot suitable for new construction on Bulverde Rd.
      3526 Westmark, San Antonio, TX 78259
      View Details
    • $599,000

      San Antonio Specialty Property Available

      Specialty property for sale in San Antonio, Texas.
      3761 Ridgeway Dr, San Antonio, TX 78259
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,935 SF

      Stone Oak Retail/Medical Space

      Second generation space in a dense residential area.
      2770 E Evans Rd, San Antonio, TX 78259
      View Details
    • Contact for pricing
      3,500 SF

      New Retail Space Available

      First-generation retail space in a new building.
      4411 E Evans Rd, San Antonio, TX 78259
      View Details
    • Contact for pricing
      2,080 SF

      Retail Space Near Highway 281

      Retail space in a Sprouts-anchored development near major roads.
      22103 Bulverde Rd, San Antonio, TX 78259
      View Details
    • Contact for pricing

      Mixed-Use Center Retail Space

      Retail space available in a dominant mixed-use center.
      1802 E Sonterra Blvd, San Antonio, TX 78259
      View Details
    • Contact for pricing
      12,000 SF

      New Construction Retail/Office Space

      Two single-story buildings, shell delivery expected Q2 2025.
      21702 Encino Cmns, San Antonio, TX 78259
      View Details
    • Contact for pricing
      1,864 SF

      Retail Space in Power Center

      Retail space available in a well-located San Antonio power center.
      2610 Tpc Pkwy, San Antonio, TX 78259
      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.
    23737 Bulverde Rd
    San Antonio, TX 78259-2189
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.