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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Garden apartment buildings
3518 Grant Ave, San Antonio, TX 78201-3000
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US83-2894691
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1985
Total area
5,216 SF
Lot
0.68 ac (29,795 SF)
APN
09737-013-0070
UPID
US83-2894691
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
-
El Mirador Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$544k
Blend (final)
Blend
$545k
Owner & transaction history
Pocket Kings Sa LP · 4 yrs held
Pocket Kings Sa LP
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$880,000
+126.2%
Restaurant
$810,000
+108.8%
Retail stores
$675,000
+73.9%
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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$390,000
Current use
COMMERCIAL (GENERAL)
$880,000
Change: +126% · Conversion: Moderate
RESTAURANT
$810,000
Change: +109% · Conversion: Difficult
RETAIL STORES
$675,000
Change: +74% · Conversion: Difficult
AUTO REPAIR, GARAGE
$615,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$430,000
Change: +11% · Conversion: Moderate
WAREHOUSE, STORAGE
$405,000
Change: +4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$350,000
Change: -10% · Conversion: Difficult
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
$104 / 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
$41,675
Tax year 2023
Assessed value
$1,671,810
Assessed 2023
Previous assessed
$1,671,810
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$165,440
Assessed improvement
$1,506,370
Land market value
$165,440
Improvement market value
$1,506,370
Total market value
$1,671,810
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
1985
Heating
CENTRAL
Cooling
YES
Buildings
3
Stories
1
Total area
5,216 SF
Lot
0.68 ac (29,795 SF)
APN
09737-013-0070
UPID
US83-2894691
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
$390,000
COMMERCIAL (GENERAL)
Est. value
$880,000
RESTAURANT
Est. value
$810,000
RETAIL STORES
Est. value
$675,000
AUTO REPAIR, GARAGE
Est. value
$615,000
MEDICAL BUILDING
Est. value
$430,000
WAREHOUSE, STORAGE
Est. value
$405,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$350,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
0.68 ac
Current owner
From public records · entity-resolved
Pocket Kings Sa LP
Entity
Mailing address
PO BOX 15904, SEATTLE, WA 98115-0904
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2022
—
Pocket Kings Sa LP
Oth Fund I Spe I LLC
Venders Lien
$1,306,000 · Orix Real Estate Capital LLC
Aug 19, 2019
—
Oth Fund I Spe I LLC
Oth Fund 1 LLC
Quit Claim Deed
$15,000 · Oakhurst Opportunity Lndg Fund
Jul 26, 2017
—
Oth Fund 1 LP
3518 Grant Avenue Partners LLC
Warranty Deed
—
Sep 9, 2014
—
3518 Grant Avenue Partners LLC
Erick W Tom
Venders Lien
$498,750 · First State Bank
Jul 15, 2008
—
Erick W Tom
Nessor Properties LLC
Warranty Deed
$577,500 · Imperial Capital Bank
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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