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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Garden apartment buildings
3118 Gerald Ave San Antonio, TX 78211-2304
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US82-3761804
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1913
Total area
4,262 SF
Lot
0.16 ac (7,013 SF)
APN
08740-001-0010
UPID
US82-3761804
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
by Request
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$645k
Owner & transaction history
Nava Reyes LLC · 1 yrs held
Nava Reyes LLC
since 2024
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+103.0%
Retail stores
$705,000
+39.6%
Warehouse, storage
$555,000
+9.8%
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 San Antonio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Antonio 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
by Request
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$505,000
Current use
COMMERCIAL (GENERAL)
$1,025,000
Change: +103% · Conversion: Moderate
RETAIL STORES
$705,000
Change: +40% · Conversion: Difficult
WAREHOUSE, STORAGE
$555,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$550,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$151 / 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
$12,634
Tax year 2023
Assessed value
$515,000
Assessed 2023
Previous assessed
$515,000
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$31,500
Assessed improvement
$483,500
Land market value
$31,500
Improvement market value
$483,500
Total market value
$515,000
Applied tax rate
6.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1913
Heating
NONE
Cooling
NONE
Stories
1
Units
7
Rooms
10
Bathrooms
6
Total area
4,262 SF
Lot
0.16 ac (7,013 SF)
APN
08740-001-0010
UPID
US82-3761804
Jurisdiction
BEXAR
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$505,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$705,000
WAREHOUSE, STORAGE
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$550,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1913
Heating
NONE
Cooling
Yes
Stories
1
Units
7
Rooms
10
Bathrooms
6
Lot
0.16 ac
Current owner
From public records · entity-resolved
Nava Reyes LLC
Entity
Mailing address
5150 BROADWAY #263, SAN ANTONIO, TX 78209-5710
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2024
—
Nava Reyes LLC
Bella Buyers Series LLC B
Deed
$310,000 · Silver Hill Financial LLC
Jan 19, 2021
—
Bella Buyers Series LLC B
—
Deed
related
$209,000 · Jasmine Tandace Ainetchian Etal
Jan 8, 2019
—
Bella Buyers Series LLC B
Msi Ent LLC
Warranty Deed
$225,000 · Covarrubias Leandro V & Socorr
May 19, 2016
—
Msi Ent LLC
Covarrubias,leandro V & Socorro
Warranty Deed
$225,000 · Leandro V & Socorro Covarrubias
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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