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Property profile & analytics
FOR LEASE
Retail space
3142 SE Military Dr San Antonio, TX 78235
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-4176494
For Lease
1 / 3
$1,920,000
3142 SE Military Dr, San Antonio, TX 78235
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Property summary
AI-generated overview
This exceptional retail opportunity is located at 3142 SE Military Dr, San Antonio, TX 78235. The property, known as City Base Landing, offers multiple spaces ranging from 2,843 square feet to 8,100 square feet, perfect for a variety of retail businesses. The C-3 zoning allows for diverse commercial uses. Situated on the busy SE Military Dr, this location boasts high visibility and excellent accessibility for customers. Ample parking is available for both customers and staff, ensuring convenience and ease of access. The property's prime location on SE Military Dr provides significant exposure to a high volume of traffic, making it an ideal location to establish or expand a retail business. This is a rare opportunity to secure a prominent retail space in a thriving San Antonio location. The property is zoned C-3, offering flexibility for various retail concepts. The available space options cater to businesses of varying sizes and needs. Don't miss this chance to secure a space in this high-traffic, highly visible location. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail property.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
9,336 SF
Lot
15.38 ac (669,953 SF)
APN
10879-002-0010
UPID
US82-4176494
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
Current use
Occupant on record · Public records
-
Office Depot (Bike/Boat/Book/etc) Store
-
Office Depot Tech Services Tech Support Center IT Consulting Firm
-
JOANN Fabric and Crafts (Bike/Boat/Book/etc) Store
-
LL Flooring Carpet & Flooring Store Hardware & Home Improvement
-
Mall Military Drive Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.93M
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$1.92M
Owner & transaction history
Cb Paso LLC · 8 yrs held
Cb Paso LLC
since 2017
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+35.7%
Restaurant
$1.3M
+12.4%
Auto repair, garage
$1.2M
+3.8%
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%
$2,085,000
6.5%
$1,925,000
7%
$1,785,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,175,000
Current use
COMMERCIAL (GENERAL)
$1,595,000
Change: +36% · Conversion: Easy
RESTAURANT
$1,320,000
Change: +12% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,220,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.92M
Range $1.73M – $2.11M · ±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
$206 / 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
$715,432
Tax year 2023
Assessed value
$28,700,000
Assessed 2023
Previous assessed
$28,700,000
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$7,081,400
Assessed improvement
$21,618,600
Land market value
$7,081,400
Improvement market value
$21,618,600
Total market value
$28,700,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2005
Heating
CENTRAL
Cooling
YES
Buildings
7
Stories
1
Total area
9,336 SF
Lot
15.38 ac (669,953 SF)
APN
10879-002-0010
UPID
US82-4176494
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
RETAIL STORES Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
7
Lot
15.38 ac
Current owner
From public records · entity-resolved
Cb Paso LLC
Entity
Mailing address
6500 MONTANA AVE, EL PASO, TX 79925-2129
Ownership since
2017
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
Sep 13, 2018
—
Cb Paso LLC
—
Deed
related
$250,000 · Miscellaneous Ins Co
Oct 12, 2017
—
Cb Paso LLC
Pru Cb Limited Partnership LP
Deed
$23,639,585 · Wells Fargo Bank NA
Mar 17, 2006
—
Pru Cb
Hgrp-city Base Partners II
Grant Deed
—
—
—
Cb Paso LLC
—
Deed Of Trust
related
$250,000 · Miscellaneous Ins Co
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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