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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300 E Sonterra Blvd San Antonio, TX 78258

    • Office Properties & Spaces
    • 46,164 SF
    • 10.46 lot acres
    For Lease
    View listing
    $19 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-4259476
    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

    • Wells Fargo Home Mortgage / Loan Service / Bank
    • Robert Ober & Associates / Construction Company
    • Plant Architects / Construction Company
    • Re/Max Associates: Allen Priscilla / Real Estate Agency
    • Legacy Mutual Mortgage - Salter Team / Loan Service / Bank

    Property Details for 300 E Sonterra Blvd

    Year built
    2003
    Lot size
    10.46 lot acres
    Property size
    46,164 SF
    Property type
    Office Properties & Spaces
    APN
    17606-006-0020
    APU
    176060060020

    Description

    This exceptional Class A office suite, located within the prestigious Common at Concord Plaza - Building 1, presents a unique opportunity for businesses seeking a modern and efficient workspace in San Antonio's thriving Stone Oak submarket. Situated at 300 E Sonterra Blvd, San Antonio, TX 78258, this 1,563 square foot suite is immediately available within a larger 43,916 square foot building constructed in 2004 and extensively renovated in 2022. The suite boasts a 12-foot ceiling height and features a thoughtfully designed layout including a large open entry space, a well-appointed kitchen, and multiple private offices. Recent updates encompass new carpeting, fresh paint, upgraded lighting, and a strategic reconfiguration of walls and rooms to maximize functionality and create a contemporary atmosphere. The building itself offers convenient amenities, including elevators and ample parking (4.83 spaces per 1,000 square feet). The property sits on a generous 2.67-acre lot (APN 661650) and is zoned C-2. Its location near the Stone Oak cross street ensures easy access to major thoroughfares and a vibrant business community. This is a rare opportunity to secure a move-in ready, updated office space in a highly desirable location. The building consists of two suites in total.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,870,000
      6.5%
      $9,110,000
      7%
      $8,460,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,855,000
      Market price range: $1.66M - $6.94M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $5,485,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4888
    Latitude
    29.6153
    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
    $424,663
    $6,768,900
    $11,731,100
    $18,500,000
    -
    $6,768,900
    $11,731,100
    $18,500,000

    Comparable in this City

    • Value Estimation
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      27,280 SF

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      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

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      8,002 SF

      Stone Oak Parkway Office Building

      Office building in San Antonio's Stone Oak submarket.
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    • $1,299,000
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      Prime Commercial Land in Stone Oak

      Commercial land in Stone Oak area, ideal for development.
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      Stone Oak Versatile Commercial Space

      Prime location suitable for medical, professional, or retail businesses.
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      Small Office Space Available

      Office space near 1604, suitable for various professionals.
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    Similar Nearby for Lease

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      Sonterra Medical Office Space For Lease

      Prime San Antonio medical office space available.
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      Medical Office Space Available

      Medical office space for rent on hospital campus.
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      Stone Oak Parkway Office Space

      Office space available on Stone Oak Parkway.
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      San Antonio Office Space Available

      Class A office park with easy highway access.
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    • $18 SF/Yr
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      Medical Office Space Available

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      View Details
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    San Antonio, TX 78258
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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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