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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
30665 Us Hwy 281st N Bulverde, TX 78163-3222
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-1832474
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
4,920 SF
Lot
10.02 ac (436,471 SF)
APN
74-0174-0092-19
UPID
US82-1832474
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$668k
Blend (final)
Blend
$670k
Owner & transaction history
Jappa And Jaga Management Ll · 4 yrs held
Jappa And Jaga Management Ll
since 2022
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$645,000
+38.8%
Commercial (general)
$550,000
+18.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bulverde submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bulverde submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$465,000
Current use
AUTO REPAIR, GARAGE
$645,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$550,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$136 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,700
Tax year 2023
Assessed value
$2,817,330
Assessed 2023
Previous assessed
$2,817,330
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$2,177,990
Assessed improvement
$639,340
Land market value
$2,177,990
Improvement market value
$639,340
Total market value
$2,817,330
Applied tax rate
46.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
4,920 SF
Lot
10.02 ac (436,471 SF)
APN
74-0174-0092-19
UPID
US82-1832474
Jurisdiction
COMAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$465,000
AUTO REPAIR, GARAGE
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$550,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Lot
10.02 ac
Current owner
From public records · entity-resolved
Jappa And Jaga Management Ll
Entity
Mailing address
1308 E CMN ST #305, NEW BRAUNFELS, TX 78130-3557
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2023
—
Robert Keith Stoddard JR
—
Deed
related
$2,000,000 · Broadway National Bank
Apr 1, 2022
—
Jappa And Jaga Management Ll
Robert Keith Stoddard JR
Venders Lien
$2,125,000 · Robert Stoddard
Dec 16, 2020
—
Stoddard Construction Manageme
—
Deed
related
$2,000,000 · Broadway Bk
Dec 23, 2019
—
Stoddard Const Mgmt INC
—
Deed
related
$2,000,000 · Broadway Bk
—
—
Stoddard Const Mgmt INC
—
Loan Modification
related
$2,000,000 · Broadway Bk
—
—
Stoddard Construction Manageme
—
Loan Modification
related
$2,000,000 · Broadway Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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