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

    24198 Old Fredericksburg Rd San Antonio, TX 78257-2511

    • Office Properties & Spaces
    • 900 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9346316
    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

    • Stransky Properties / Real Estate Agency

    Property Details for 24198 Old Fredericksburg Rd

    Year built
    1970
    Lot size
    0.72 lot acres
    Property size
    900 SF
    Property type
    Office Properties & Spaces
    APN
    16392-002-0010
    APU
    163920020010

    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
    -98.6298
    Latitude
    29.667
    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
    $366
    $12,250
    $3,690
    $15,940
    -
    $12,250
    $3,690
    $15,940

    Comparable in this City

    • Value Estimation by Request

      23119 I-10

      Office space
      23119 I-10, San Antonio, TX 78257
      View Details
    • Value Estimation
      $3,035,000
      13,514 SF

      21195 Interstate 10

      OFFICE (GENERAL) • 13,514 SF
      21195 Interstate 10, San Antonio, TX 78257-1674
      View Details
    • Value Estimation
      $3,860,000
      21,188 SF

      25331 Interstate 10

      OFFICE (GENERAL) • 21,188 SF
      25331 Interstate 10, San Antonio, TX 78257-9504
      View Details
    • Value Estimation
      $530,000
      2,752 SF

      23119 Interstate 10

      OFFICE (GENERAL) • 2,752 SF
      23119 Interstate 10, San Antonio, TX 78257-1764
      View Details
    • Value Estimation by Request
      718 SF

      6002 Cp Bullis Rd Ste, Unit 201

      OFFICE (GENERAL) • 718 SF
      6002 Cp Bullis Rd Ste, San Antonio, TX 78257-9766
      View Details
    • Value Estimation by Request
      871 SF

      6002 Cp Bullis Rd Ste, Unit 206

      OFFICE (GENERAL) • 871 SF
      6002 Cp Bullis Rd Ste, San Antonio, TX 78257-9767
      View Details

    Similar Nearby for Sale

    • $5,790,000
      4.43 Acres

      I-10 Commercial Land - San Antonio

      Prime 4.43-acre commercial lot, I-10 frontage.
      25840 I-10, San Antonio, TX 78257
      View Details
    • $240,000
      0.19 Acres

      Dominion Guard-Gated Estate Lot

      Prestigious Dominion lot near schools and stores.
      3 Avalon St, San Antonio, TX 78257
      View Details
    • Contact for pricing

      Land Available for Sale

      Land available for sale at $998,000 in San Antonio.
      7206 Blf Run, San Antonio, TX 78257
      View Details
    • $625,000
      0.75 Acres

      Land in Gated Community

      Premium homesite in The Dominion, San Antonio.
      60 Eton Green Cir, San Antonio, TX 78257
      View Details
    • Contact for pricing

      San Antonio Specialty Property For Sale

      Specialty property available for purchase in San Antonio, Texas.
      15 Paseo Valencia, San Antonio, TX 78257
      View Details
    • Contact for pricing

      San Antonio Specialty Property For Sale

      Specialty property available for purchase in San Antonio, Texas.
      18019 Muir Glen Dr, San Antonio, TX 78257
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      59,470 SF

      San Antonio Executive Office Space

      Prestigious Office Suites, 19,410 SF Available
      10000 I-10, San Antonio, TX 78257
      View Details
    • Contact for pricing
      65,431 SF

      Dominion Springs Plaza: San Antonio Offices

      Prime San Antonio retail & office space. Multiple suites available.
      23534 I-10, San Antonio, TX 78257
      View Details
    • $26 SF/Yr
      58,722 SF

      Heron at Cresta Bella Office Suites

      Prime San Antonio Executive Office Space
      20327 Interstate 10, San Antonio, TX 78257
      View Details
    • $28 SF/Yr
      2,100 SF

      Dominion Place Office Condo

      Prime San Antonio Office Space, 2100 SF
      23119 I-10, San Antonio, TX 78257
      View Details
    • Contact for pricing
      6,913 SF

      Mixed-Use Space Available Fall 2025

      Retail, restaurant, and office spaces available in fall 2025.
      6194 Old Camp Bullis Rd, San Antonio, TX 78257
      View Details
    • Contact for pricing
      1,489 SF

      Dominion Drive Office Space Available

      Professionally designed office space near The Dominion Country Club.
      4 Dominion Dr, San Antonio, TX 78257
      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.
    24198 Old Fredericksburg Rd
    San Antonio, TX 78257-2511
    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.