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

    2703 SE Military Dr San Antonio, TX 78224

    • Banks
    • 4,624 SF
    • 1.18 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3052045
    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

    • Krispy Kreme / Donut Shop / Coffee Shop
    • Frost Bank ATM / Atm
    • Frost Bank / Atm / Bank

    Property Details for 2703 SE Military Dr

    Year built
    2003
    Lot size
    1.18 lot acres
    Property size
    4,624 SF
    Property type
    Banks
    APN
    12627-001-0020
    APU
    126270010020

    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
    -98.54
    Latitude
    29.3573
    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
    $50,535
    $541,820
    $1,518,180
    $2,060,000
    -
    $541,820
    $1,518,180
    $2,060,000

    Comparable in this City

    • Value Estimation by Request
      5,018 SF

      7382 Barlite Blvd

      FINANCIAL BUILDING • 5,018 SF
      7382 Barlite Blvd, San Antonio, TX 78224-1306
      View Details
    • Value Estimation by Request
      3,640 SF

      6927 Zarzamora St

      FINANCIAL BUILDING • 3,640 SF
      6927 Zarzamora St, San Antonio, TX 78224-1139
      View Details
    • Value Estimation
      $560,000
      6,318 SF

      7503 Yarrow Blvd

      FINANCIAL BUILDING • 6,318 SF
      7503 Yarrow Blvd, San Antonio, TX 78224-1479
      View Details
    • Value Estimation
      $3,260,000
      125,207 SF

      2327 Military Dr

      RETAIL STORES (PERSONAL SERVICES) • 125,207 SF
      2327 Military Dr, San Antonio, TX 78224-1428
      View Details
    • Value Estimation by Request
      7,360 SF

      1054 Gillette Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,360 SF
      1054 Gillette Blvd, San Antonio, TX 78224-2332
      View Details
    • Value Estimation by Request
      9,270 SF

      8610 Zarzamora St

      RETAIL STORES (PERSONAL SERVICES) • 9,270 SF
      8610 Zarzamora St, San Antonio, TX 78224-2023
      View Details

    Similar Nearby for Sale

    • $495,000
      3.00 Acres

      Prime San Antonio Commercial Land

      3-Acre Highway 16 Tract, $495,000
      13811 Tx-16, San Antonio, TX 78224
      View Details
    • $260,000

      San Antonio Residential Development Lot

      2.46 acre lot for residential development or investment.
      1330 W Ackard Pl, San Antonio, TX 78224
      View Details
    • $244,000

      Prime Commercial Land Near Toyota

      1.12-acre commercial land with excellent visibility and access.
      15215 Applewhite Rd, San Antonio, TX 78224
      View Details
    • Contact for pricing

      Land For Sale San Antonio

      Land available for sale in San Antonio, Texas.
      9965 State Highway 16 S, San Antonio, TX 78224
      View Details
    • $235,000

      San Antonio Land Opportunity

      Land available in San Antonio, Texas for $235,000.
      8922 Victoria Lk, San Antonio, TX 78224
      View Details
    • Contact for pricing
      24.00 Acres

      Applewhite Road Industrial Land

      San Antonio Industrial Parcels, MI-1 Zoning
      12800 Applewhite Rd, San Antonio, TX 78224
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,082 SF

      Retail Space in South Park Mall

      Retail space available in a renovated, high-traffic shopping mall.
      2310-2400 SW Military Dr, San Antonio, TX 78224
      View Details
    • Contact for pricing
      1,445 SF

      Retail Space in City Base

      Neighborhood retail center with high visibility and easy access.
      2535-2603 SE Military Dr, San Antonio, TX 78224
      View Details
    • Contact for pricing
      2,940 SF

      Retail Space in High-Traffic Area

      Retail space with prominent signage and easy highway access.
      6986-6998 S Zarzamora St, San Antonio, TX 78224
      View Details
    • Contact for pricing
      24,100 SF

      Retail Strip Center For Rent

      24,100 SF strip center with freeway visibility.
      1007 Poteet Jourdanton Fwy Access Rd, San Antonio, TX 78224
      View Details
    • Contact for pricing
      30,750 SF

      Retail Space in High-Traffic Corridor

      30,750 SF retail space in renovated neighborhood center.
      2545-2567 SW Military Dr, San Antonio, TX 78224
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Brooks Area

      Retail space available near apartments, hospital, and businesses.
      2814 SE Military Dr, San Antonio, TX 78224
      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.
    2703 SE Military Dr
    San Antonio, TX 78224
    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.