Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3483 Grosenbacher Rd San Antonio, TX 78245
    Property profile & analytics

    3483 Grosenbacher Rd San Antonio, TX 78245

    View on Map
    • Residential land & home lots
    For Sale
    $1,900,000
    View Listing →
    20 Acres Development Land For Sale
    $1,900,000

    20 Acres Development Land

    20 acres for residential, commercial, or industrial development.

    3483 Grosenbacher Rd, San Antonio, TX 78245
    View Listing
    Property ID
    US82-3334236
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential land & home lots

    Property Details for 3483 Grosenbacher Rd

    Property type
    Residential land & home lots
    Property subtype
    Commercial land

    Description

    20 acres for residential, commercial or industrial development. Motivated Seller/Seller is willing to seller finance.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.7288415
    Latitude
    29.3896894

    Comparable in this City

    • Contact for pricing

      Commercial Land Near Highway 90

      5.7 acres of commercial land with highway visibility.
      10351 Us Highway 90, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Highway Frontage Land For Sale

      Land with frontage on a busy highway access road.
      5250 Spurs Rnch, San Antonio, TX 78245
      View Details
    • Contact for pricing

      San Antonio Land For Sale

      Land in Far West San Antonio suitable for various commercial uses.
      Fillmore Dr, San Antonio, TX 78245
      View Details
    • Contact for pricing

      S Ellison Dr, San Antonio, TX 78245

      Commercial land
      S Ellison Dr, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Prime Commercial Land Available

      7.07 acres of commercial land for sale.
      1460 S Ellison Dr, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Corner Land Parcel for Development

      Entitled corner land parcel suitable for retail development.
      9402 Marbach Rd, San Antonio, TX 78245
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land Near Highway 90

      5.7 acres of commercial land with highway visibility.
      10351 Us Highway 90, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Highway Frontage Land For Sale

      Land with frontage on a busy highway access road.
      5250 Spurs Rnch, San Antonio, TX 78245
      View Details
    • Contact for pricing

      San Antonio Land For Sale

      Land in Far West San Antonio suitable for various commercial uses.
      Fillmore Dr, San Antonio, TX 78245
      View Details
    • Contact for pricing

      S Ellison Dr, San Antonio, TX 78245

      Commercial land
      S Ellison Dr, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Prime Commercial Land Available

      7.07 acres of commercial land for sale.
      1460 S Ellison Dr, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Prime Commercial Land Available

      8.42 acres of divisible commercial land with highway frontage.
      Potranco Rd, San Antonio, TX 78245
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Far West San Antonio Land

      Located in Far West San Antonio, ground lease opportunity.
      810 Fillmore Dr, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Mixed-Use Property Available For Lease

      Mixed-use property featuring retail, office, and land for lease.
      151 Access Rd, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Land Available on Ingram Road

      Commercial land available for rent with high traffic volume.
      9911 Ingram Rd, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Office Building in Westover Hills

      Office building with high-tech infrastructure in a growing area.
      654 Richland Hills Dr, San Antonio, TX 78245
      View Details
    • Contact for pricing

      Retail Pad Sites For Lease

      Retail pad sites available for lease.
      Loop 1604 & Potranco Rd, San Antonio, TX 78245
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Growing Area

      New retail center with 3,600 SF available in San Antonio.
      10513 Marbach Rd, San Antonio, TX 78245
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3483 Grosenbacher Rd
    San Antonio, TX 78245
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3483 Grosenbacher Rd, San Antonio, TX, 78245
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!