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    Property profile & analytics

    255 Natalen Ave San Antonio, TX 78209

    • Quadplexes
    • 3,854 SF
    For Sale
    View listing
    $654,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2703001
    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

    • Quadplexes

    Property Details for 255 Natalen Ave

    Year built
    1936
    Property size
    3,854 SF
    Property type
    Quadplexes

    Description

    NO SELLER FINANCING Charming 4-plex Located in Mahncke Park Near Downtown, the Pearl, the Botanical Gardens, the San Antonio Zoo, Trinity University, and Uiw. Interior Features Include Hardwood Flooring and Updated Bathrooms. Property Includes Off Street Pad Parking for Each Tenant. Fully Occupied. Units Include One 3/2, One 2/2, One 1-bedroom, and One Studio Apartment.

    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
    Comal
    State
    Texas
    Longitude
    -98.4666122
    Latitude
    29.4560126

    Comparable in this City

    • $525,000
      2,832 SF

      Mahncke Park Four-Plex Investment

      Four-plex in Mahncke Park with strong rental history.
      218 Claremont, San Antonio, TX 78209
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    • $425,000
      3,040 SF

      Mahncke Park Fourplex Investment Opportunity

      Fourplex in need of repositioning with upside potential.
      252 Natalen Ave, San Antonio, TX 78209
      View Details
    • $654,000
      3,854 SF

      San Antonio Fourplex Near Downtown

      Centrally located fourplex with strong rental potential in San Antonio.
      255 Natalen Ave, San Antonio, TX 78209
      View Details
    • $895,000
      3,931 SF

      Alamo Heights Fourplex Opportunity

      Tastefully furnished fourplex in Alamo Heights, ideal for short-term rentals.
      111 Grandview Pl, Alamo Heights, TX 78209
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    • $598,000
      3,316 SF

      Mahncke Park Fourplex Investment Opportunity

      Four 1-bedroom units with value-add potential in historic neighborhood.
      340 Natalen Ave, San Antonio, TX 78209
      View Details
    • $450,000
      3,960 SF

      San Antonio Multifamily Investment Opportunity

      Four townhome-style units with income and investment potential.
      241 Deerwood Dr, San Antonio, TX 78209
      View Details

    Similar Nearby for Sale

    • $654,000
      3,854 SF

      San Antonio Fourplex Near Downtown

      Centrally located fourplex with strong rental potential in San Antonio.
      255 Natalen Ave, San Antonio, TX 78209
      View Details
    • $895,000
      3,931 SF

      Alamo Heights Fourplex Opportunity

      Tastefully furnished fourplex in Alamo Heights, ideal for short-term rentals.
      111 Grandview Pl, Alamo Heights, TX 78209
      View Details
    • $425,000
      3,040 SF

      Mahncke Park Fourplex Investment Opportunity

      Fourplex in need of repositioning with upside potential.
      252 Natalen Ave, San Antonio, TX 78209
      View Details
    • $525,000
      2,832 SF

      Mahncke Park Four-Plex Investment

      Four-plex in Mahncke Park with strong rental history.
      218 Claremont, San Antonio, TX 78209
      View Details
    • $598,000
      3,316 SF

      Mahncke Park Fourplex Investment Opportunity

      Four 1-bedroom units with value-add potential in historic neighborhood.
      340 Natalen Ave, San Antonio, TX 78209
      View Details
    • $450,000
      3,960 SF

      San Antonio Multifamily Investment Opportunity

      Four townhome-style units with income and investment potential.
      241 Deerwood Dr, San Antonio, TX 78209
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      San Antonio Office Building For Rent

      3,084 SF office building available for rent in San Antonio.
      366 W Sunset Rd, San Antonio, TX 78209
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    • Contact for pricing

      Prime Retail Space in San Antonio

      Mixed-use project in affluent area near HEB Central Market.
      4901 Broadway St, San Antonio, TX 78209
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      Retail Space in Alamo Heights

      11,000 SF retail space near major retailers.
      1464 Austin Hwy, San Antonio, TX 78209
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      Retail Pad Site For Rent

      Grocery anchored retail pad site with excellent drive-thru opportunities.
      14088 Nacogdoches Rd, San Antonio, TX 78209
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    • Contact for pricing
      8,520 SF

      Renovated Office Space Available

      Office spaces for rent with renovated interiors and covered parking.
      1635 Loop 410 NE, San Antonio, TX 78209
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    • $15 SF/Yr
      6,200 SF

      Visible Warehouse with Secured Yard

      Warehouse with frontage, secured yard, and controlled access.
      2502 Harry Wurzbach Rd, San Antonio, TX 78209
      View Details
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    255 Natalen Ave
    San Antonio, TX 78209
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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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