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

    2611 Loop 1604th W San Antonio, TX 78258-4543

    • Office Properties & Spaces
    • 8,887 SF
    • 0.65 lot acres
    OFF-MARKET
    Last Sale
    Mar 05, 2021
    Value Estimations
    $615,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2833676
    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

    • Emergentz Technologies / Computer Support And Services
    • AMG Association Management / Property Management Company
    • tissue regenix wound care / Alternative Medicine Practitioner
    • Tissue Regenix Inc. / Medical Laboratory
    • Canyon Springs Homeowners Association / Association / Organization

    Property Details for 2611 Loop 1604th W

    Year built
    1999
    Lot size
    0.65 lot acres
    Property size
    8,887 SF
    Property type
    Office Properties & Spaces
    APN
    16334-002-0260
    APU
    163340020260

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $485,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $747,000
      Market price range: $320k - $1.34M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $830,000
      Current use
      RESTAURANT
      $900,000
      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
    -98.5354
    Latitude
    29.6036
    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
    $46,311
    $556,230
    $1,461,280
    $2,017,510
    -
    $556,230
    $1,461,280
    $2,017,510

    Comparable in this City

    • Value Estimation
      $1,415,000
      27,280 SF

      17721 Rogers Rnch Pkwy

      OFFICE (GENERAL) • 27,280 SF
      17721 Rogers Rnch Pkwy, San Antonio, TX 78258-4651
      View Details
    • Value Estimation
      $11,755,000
      122,996 SF

      401 Sonterra Blvd

      OFFICE (GENERAL) • 122,996 SF
      401 Sonterra Blvd, San Antonio, TX 78258-4073
      View Details
    • Value Estimation
      $3,965,000
      40,450 SF

      18410 Sonterra Pl

      OFFICE (GENERAL) • 40,450 SF
      18410 Sonterra Pl, San Antonio, TX 78258-4784
      View Details
    • Value Estimation
      $10,195,000
      107,172 SF

      18615 Tuscany Stone

      OFFICE (GENERAL) • 107,172 SF
      18615 Tuscany Stone, San Antonio, TX 78258-3486
      View Details
    • Value Estimation by Request
      4,080 SF

      21031 Market Rdg

      Coworking space • 4,080 SF
      21031 Market Rdg, San Antonio, TX 78258
      View Details
    • Value Estimation
      $1,295,000
      24,810 SF

      18618 Tuscany Stone

      OFFICE (GENERAL) • 24,810 SF
      18618 Tuscany Stone, San Antonio, TX 78258-3465
      View Details

    Similar Nearby for Sale

    • $1,395,000
      1.88 Acres

      Tuscany Stone Land: Prime San Antonio Site

      1.877 Acres, Medical/Commercial Potential
      18638 Tuscany Stone, San Antonio, TX 78258
      View Details
    • $2,750,000
      6,600 SF

      Prime Medical Office in San Antonio

      6,600 SF Medical Office, 1.26 Acres
      903 Proton Rd, San Antonio, TX 78258
      View Details
    • Contact for pricing
      8,002 SF

      Stone Oak Parkway Office Building

      Office building in San Antonio's Stone Oak submarket.
      20726 Stone Oak Pkwy, San Antonio, TX 78258
      View Details
    • New
      $1,299,000
      3.40 Acres

      Prime Commercial Land in Stone Oak

      Commercial land in Stone Oak area, ideal for development.
      19614 Stone Oak Loop, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Stone Oak Versatile Commercial Space

      Prime location suitable for medical, professional, or retail businesses.
      20742 Stone Oak 105, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Small Office Space Available

      Office space near 1604, suitable for various professionals.
      18834 Stone Oak Pkwy, San Antonio, TX 78258
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      16,158 SF

      Prime San Antonio Office Space

      Class A Office Suites, Flexible Options
      18756 Stone Oak Pkwy, San Antonio, TX 78258
      View Details
    • $17 SF/Yr
      30,205 SF

      Sonterra Medical Office Space For Lease

      Prime San Antonio medical office space available.
      1314 Sonterra Blvd, San Antonio, TX 78258
      View Details
    • Contact for pricing
      115,918 SF

      Medical Office Space Available

      Medical office space for rent on hospital campus.
      1139 E Sonterra Blvd, San Antonio, TX 78258
      View Details
    • Contact for pricing
      12,780 SF

      Stone Oak Parkway Office Space

      Office space available on Stone Oak Parkway.
      19190 Stone Oak Pkwy, San Antonio, TX 78258
      View Details
    • Contact for pricing
      582 SF

      San Antonio Office Space Available

      Class A office park with easy highway access.
      845 Proton Rd, San Antonio, TX 78258
      View Details
    • $18 SF/Yr
      12,014 SF

      Medical Office Space Available

      Office space for rent near Methodist Stone Oak Hospital.
      116 Gallery Cir, San Antonio, TX 78258
      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.
    2611 Loop 1604th W
    San Antonio, TX 78258-4543
    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.