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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Office buildings
32335 Us Hwy 281st N 1 Bulverde, TX 78163-3316
Entity Owned
3-yr Hold
Free & Clear
Property ID
US82-1961206
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1993
Total area
2,294 SF
Lot
1.45 ac (63,249 SF)
APN
11-0120-0120-00
UPID
US82-1961206
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
$580k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
6h Bulverde Pointe Enterprises LLC · 3 yrs held
6h Bulverde Pointe Enterprises LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$580,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$515,000
7%
$475,000
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$238 / 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
$55,045
Tax year 2023
Assessed value
$3,184,370
Assessed 2023
Previous assessed
$3,184,370
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$553,430
Assessed improvement
$2,630,940
Land market value
$553,430
Improvement market value
$2,630,940
Total market value
$3,184,370
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
1993
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
2,294 SF
Lot
1.45 ac (63,249 SF)
APN
11-0120-0120-00
UPID
US82-1961206
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
Building & site characteristics
From public records
Year built
1993
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
1.45 ac
Current owner
From public records · entity-resolved
6h Bulverde Pointe Enterprises LLC
Entity
Free & Clear · 3 yrs held
Mailing address
122 CORDOVA, BOERNE, TX 78006-3089
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2023
—
6h Bulverde Pointe Enterprises LLC
Raymond Stadler
Special Warranty Deed
—
Jan 20, 2021
—
Pinnacle Development Corporati
—
Deed Of Trust
related
$855,000 · Pinnacle Dev Corp NA
Apr 30, 2019
—
Raymond Stadler
—
Deed
related
$1,620,249 · Amegy Bk
Apr 14, 2011
—
Raymond Stadler
Stadler,deron
Quit Claim Deed
related
—
Jul 24, 2008
—
Deron Stadler
Stadler Custom Homes LLC
Quit Claim Deed
—
Mar 18, 2005
—
Stadler Custom Homes LLC
Cooper,lloyd G & Lida
Warranty Deed
related
$260,000 · Compass Bank
—
—
Raymond Stadler
—
Deed Of Trust
related
$1,620,249 · Amegy Bk
—
—
Sabinas Mountain Dev LLC
—
Deed Of Trust
related
$2,044,234 · Schertz Bk&tr
—
—
Raymond S Stadler
—
Deed Of Trust
related
$700,000 · Deron L Stadler
—
—
Deron L Stadler
—
Deed Of Trust
related
$929,745 · Bank Of Texas NA
—
—
Stadler Custom Hms Of San Antonio
—
Loan Modification
related
$795,103 · Bank Of Texas NA
—
—
Rnd Interests LLC
—
Deed Of Trust
related
$929,745 · Bank Of Texas NA
—
—
Stadler Custom Hms Of San Antonio
—
Loan Modification
related
$795,103 · Bank Of Texas NA
—
—
Stadler Ents LLC
—
Loan Modification
related
$200,000 · Schertz Bk&tr
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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