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    Property profile & analytics

    312 Josephine St San Antonio, TX 78212-4128

    • Warehouses
    • 5,266 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimations
    $560,000
    Show details
    Cap Rate Potential
    8.4%
    Warehouses
    Location Intelligence
    Property ID
    US82-3212369
    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

    • Troy Jessee Construction / Construction Company / General Contractor
    • Tmj / Dental Office

    Property Details for 312 Josephine St

    Year built
    1953
    Lot size
    0.50 lot acres
    Property size
    5,266 SF
    Property type
    Warehouses
    APN
    03027-002-0141
    APU
    30270020141

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $435,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $610,000
      6.5%
      $565,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $678,000
      Market price range: $242k - $679k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $450,000
      Current use
      RESTAURANT
      $770,000
      Change: +71% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $755,000
      Change: +69% Conversion: Difficult
      RETAIL STORES
      $705,000
      Change: +57% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $675,000
      Change: +51% Conversion: Easy
      MEDICAL BUILDING
      $600,000
      Change: +34% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $445,000
      Change: -1% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4855
    Latitude
    29.4463
    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
    $22,969
    $878,130
    $197,610
    $1,075,740
    -
    $878,130
    $197,610
    $1,075,740

    Comparable in this City

    • Value Estimation
      $865,000
      7,328 SF

      246 Josephine St

      WAREHOUSE, STORAGE • 7,328 SF
      246 Josephine St, San Antonio, TX 78212-4126
      View Details
    • Value Estimation
      $980,000
      12,750 SF

      620 Dewey Pl

      WAREHOUSE, STORAGE • 12,750 SF
      620 Dewey Pl, San Antonio, TX 78212-4011
      View Details
    • Value Estimation by Request
      2,392 SF

      325 Josephine St

      WAREHOUSE, STORAGE • 2,392 SF
      325 Josephine St, San Antonio, TX 78212-4129
      View Details
    • Value Estimation
      $660,000
      8,000 SF

      322 Millard St

      WAREHOUSE, STORAGE • 8,000 SF
      322 Millard St, San Antonio, TX 78212-1952
      View Details
    • Value Estimation by Request
      1,546 SF

      113 Olmos Dr

      WAREHOUSE, STORAGE • 1,546 SF
      113 Olmos Dr, San Antonio, TX 78212-1955
      View Details
    • Value Estimation
      $500,000
      9,044 SF

      826 San Pedro Ave

      WAREHOUSE, STORAGE • 9,044 SF
      826 San Pedro Ave, San Antonio, TX 78212-4640
      View Details

    Similar Nearby for Sale

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      42,675 SF

      San Antonio Industrial Property For Sale

      42,675 SF industrial property available in San Antonio, TX.
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      80-Acre Commercial Land in Texas

      Prime Texas Commercial Land - $72,000
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    • $265,000

      Olmos Park Terrace Multi-Unit Home

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    • $1,800,000
      4,201 SF

      Colonial Style Office Building

      Two-story office building with a large parking lot.
      1800 Mccullough Ave, San Antonio, TX 78212
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    • $1,350,000

      Collision Auto Body Shop Facility

      Turn-key 4,000 SF auto body shop in San Antonio.
      315 San Pedro Ave, San Antonio, TX 78212
      View Details
    • $315,000

      Olmos Park Condo with Amenities

      Three-bedroom condo with pool, clubhouse, and covered parking.
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    Similar Nearby for Lease

    • Contact for pricing
      10,694 SF

      San Antonio Flex Warehouse Space

      10,694 SF Flex Space, Prime Location
      600 San Pedro Ave, San Antonio, TX 78212
      View Details
    • Contact for pricing
      10,375 SF

      Industrial Space with Dock High

      Industrial space for lease with quick highway access.
      2715 N Saint Marys St, San Antonio, TX 78212
      View Details
    • $1.00 SF/Yr
      4,000 SF

      San Antonio Warehouse with Fenced Yard

      Warehouse with fenced yard and office space in San Antonio.
      76 Haby Dr, San Antonio, TX 78212
      View Details
    • Contact for pricing
      2,750 SF

      San Antonio Flex/Industrial Space

      Flex/Industrial space available for lease in San Antonio, TX.
      4226 Blanco Rd, San Antonio, TX 78212
      View Details
    • Contact for pricing
      10,000 SF

      Former Bingo and Reception Hall

      Flexible retail space with large parking lot available for rent.
      3811 Blanco Rd, San Antonio, TX 78212
      View Details
    • Contact for pricing
      9,464 SF

      San Antonio Freestanding Office Building

      Freestanding office building available for sale or lease.
      602 W French Pl, San Antonio, TX 78212
      View Details
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    312 Josephine St
    San Antonio, TX 78212-4128
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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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