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

    2402 Broadway St San Antonio, TX 78215-1034

    • Individual retail properties
    • 4,810 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-4239294
    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

    • E-Z Wash / (Bike/Boat/Book/etc) Store
    • Laundromat / (Bike/Boat/Book/etc) Store
    • Easy Coin Wash / (Bike/Boat/Book/etc) Store

    Property Details for 2402 Broadway St

    Year built
    1970
    Lot size
    0.43 lot acres
    Property size
    4,810 SF
    Property type
    Individual retail properties
    APN
    03856-002-0140
    APU
    38560020140

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $450,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $724,000
      Market price range: $301k - $725k

    • Alternative Use

      Use
      Estimation
      LAUNDROMAT (SELF-SERVICE)
      $505,000
      Current use
      COMMERCIAL (GENERAL)
      $625,000
      Change: +24% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $570,000
      Change: +14% Conversion: Difficult
      RETAIL STORES
      $545,000
      Change: +9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4744
    Latitude
    29.4485
    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
    $30,736
    $1,232,900
    $100
    $1,233,000
    -
    $1,232,900
    $100
    $1,233,000

    Comparable in this City

    • Value Estimation
      $745,000
      6,600 SF

      2501 Broadway St

      LAUNDROMAT (SELF-SERVICE) • 6,600 SF
      2501 Broadway St, San Antonio, TX 78215-1037
      View Details
    • Value Estimation
      $1,095,000
      57,232 SF

      903 Saint Marys St, Unit 9

      GYM, HEALTH SPA • 57,232 SF
      903 Saint Marys St, San Antonio, TX 78215-2108
      View Details
    • Value Estimation
      $6,965,000
      37,955 SF

      312 Pearl Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 37,955 SF
      312 Pearl Pkwy, San Antonio, TX 78215-1261
      View Details
    • Value Estimation
      $1,630,000
      8,405 SF

      1706 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 8,405 SF
      1706 Broadway St, San Antonio, TX 78215-1225
      View Details
    • Value Estimation
      $1,495,000
      7,700 SF

      2600 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 7,700 SF
      2600 Broadway St, San Antonio, TX 78215-1021
      View Details
    • Value Estimation by Request
      7,800 SF

      Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 7,800 SF
      Broadway St, San Antonio, TX 78215
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.41 Acres

      River North Retail Opportunity

      Prime San Antonio location, 2,995 SF retail space.
      814 Augusta St, San Antonio, TX 78215
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    • $600,000
      0.27 Acres

      Prime San Antonio Commercial Land

      Rare .268-acre corner lot, high redevelopment potential.
      922 Camden St, San Antonio, TX 78215
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    • $995,000
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      Office Condo Near Pearl Brewery

      Office condo with views of Brackenridge Park golf course.
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    • Contact for pricing

      San Antonio Land For Sale

      Land available for sale in San Antonio, Texas.
      2023 Broadway St, San Antonio, TX 78215
      View Details
    • Contact for pricing

      293-Unit Multifamily Asset in San Antonio

      Trophy asset with attractive financing structure in central San Antonio.
      1011 Broadway St, San Antonio, TX 78215
      View Details
    • Contact for pricing
      2,400 SF

      Mid-Century Modern Office Building

      2,400 SF office building with 6 executive offices downtown.
      530 Lexington Ave, San Antonio, TX 78215
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      2,141 SF

      Mid-Town Corner Office Space

      High-exposure corner office in vibrant mid-town area.
      317 Lexington Ave, San Antonio, TX 78215
      View Details
    • Contact for pricing
      5,638 SF

      Downtown San Antonio Retail Space

      Retail space in central San Antonio with parking and loading.
      902 Brooklyn Ave, San Antonio, TX 78215
      View Details
    • $24 SF/Yr
      2,000 SF

      Broadway Street Retail/Office Opportunity

      Office or retail space available on Broadway Street.
      612-614 Broadway St, San Antonio, TX 78215
      View Details
    • $1,910 /Mo
      1,528 SF

      Retail Space Near HEB

      Retail space available near HEB and schools.
      5110-5112 Avenue W, San Antonio, TX 78215
      View Details
    • $15 SF/Yr
      995 SF

      Retail Space on West Avenue

      High-visibility retail space with pylon signage and strong demographics.
      11825 Avenue W, San Antonio, TX 78215
      View Details
    • $15 SF/Yr
      6,000 SF

      Retail Space with Patio

      Retail space available with patio and negotiable lease terms.
      315 8Th St, San Antonio, TX 78215
      View Details
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    2402 Broadway St
    San Antonio, TX 78215-1034
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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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