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

    2424 Broadway St San Antonio, TX 78215-1034

    • Auto shops
    • 5,042 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2822941
    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

    • LivingStone Athletics / Gym
    • The District Bouldering / Gym / Weightlifting Area
    • Midas / Auto Air Conditioning Service / Auto Electrical Service
    • Run Rocket / Physical Fitness Program

    Property Details for 2424 Broadway St

    Year built
    1960
    Lot size
    0.21 lot acres
    Property size
    5,042 SF
    Property type
    Auto shops
    APN
    03856-002-0112
    APU
    38560020112

    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
    -98.4744
    Latitude
    29.449
    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
    $15,651
    $610,430
    $17,420
    $627,850
    -
    $610,430
    $17,420
    $627,850

    Comparable in this City

    • Value Estimation by Request
      1,904 SF

      920 Dallas St

      AUTO REPAIR, GARAGE • 1,904 SF
      920 Dallas St, San Antonio, TX 78215-1432
      View Details
    • Value Estimation
      $725,000
      9,425 SF

      317 Jones Ave

      AUTO REPAIR, GARAGE • 9,425 SF
      317 Jones Ave, San Antonio, TX 78215-1405
      View Details
    • Value Estimation
      $825,000
      6,860 SF

      414 Brooklyn Ave

      AUTO REPAIR, GARAGE • 6,860 SF
      414 Brooklyn Ave, San Antonio, TX 78215-1707
      View Details
    • Value Estimation by Request
      1,425 SF

      1516 Broadway St

      AUTO REPAIR, GARAGE • 1,425 SF
      1516 Broadway St, San Antonio, TX 78215-1251
      View Details
    • Value Estimation
      $685,000
      10,503 SF

      606 Alamo St

      AUTO REPAIR, GARAGE • 10,503 SF
      606 Alamo St, San Antonio, TX 78215-1809
      View Details
    • Value Estimation
      $1,025,000
      10,608 SF

      423 Brooklyn Ave

      AUTO REPAIR, GARAGE • 10,608 SF
      423 Brooklyn Ave, 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
      View Details
    • $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
      View Details
    • $995,000
      3,074 SF

      Office Condo Near Pearl Brewery

      Office condo with views of Brackenridge Park golf course.
      2632 Broadway St, San Antonio, TX 78215
      View Details
    • 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

    • Contact for pricing
      3,000 SF

      Retail Space in Parliament Square

      54,541 SF shopping center in rapidly expanding Northside area.
      11751 Avenue W, San Antonio, TX 78215
      View Details
    • Contact for pricing
      230,000 SF

      Prime San Antonio Executive Office Space

      13-Story Building, Suites Available Now
      1900 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
    • Contact for pricing
      19,520 SF

      The Soto: San Antonio Retail Space

      Prime River North Retail, 5,500 SF Available
      711 Broadway St, San Antonio, TX 78215
      View Details
    • $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
    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.
    2424 Broadway St
    San Antonio, TX 78215-1034
    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.