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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Strip malls
3524 New Braunfels Ave San Antonio, TX 78223-1447
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3835032
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Total area
60,759 SF
Lot
4.38 ac (190,575 SF)
APN
06075-000-0360
UPID
US82-3835032
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
-
CSL Plasma Medical Clinic
-
New Day Addiction Treatment Consultants Medical Clinic
-
Dollar Tree Discount Store
-
McCreless Corner Shopping Center Shopping Center & Mall
-
TruFit Athletic Clubs - S. New Braunfels Ave. Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.21M
Owner & transaction history
Bex Mccreless LLC · 13 yrs held
Bex Mccreless LLC
since 2013
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$20 / 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
$158,292
Tax year 2023
Assessed value
$6,350,000
Assessed 2023
Previous assessed
$6,350,000
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$1,436,940
Assessed improvement
$4,913,060
Land market value
$1,436,940
Improvement market value
$4,913,060
Total market value
$6,350,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
60,759 SF
Lot
4.38 ac (190,575 SF)
APN
06075-000-0360
UPID
US82-3835032
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
Building & site characteristics
From public records
Year built
1980
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.38 ac
Current owner
From public records · entity-resolved
Bex Mccreless LLC
Entity
Mailing address
1 CLUBHOUSE GRN, SAN ANTONIO, TX 78257-1295
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2019
—
Bex Mccreless LLC
—
Loan Modification
related
$6,419,582 · Vantage Bk Tx NA
Sep 30, 2014
—
Bex Mccreless LLC
—
Grant Deed
related
$7,239,320 · International Bk
Apr 3, 2013
—
Bex Mccreless LLC
Natl Bk First
Trustees Deed
$7,000,000 · First Nat'l Bk
Apr 30, 2012
—
Natl Bk First
Mccreless Corner Shopping Cent
Deed In Lieu Of Foreclosure
related
—
Jan 11, 2011
—
Corner Shopping Cent Mccreless
—
Deed Of Trust
related
$3,200,000 · First National Bank
Jun 17, 2010
—
Corner Shopping Cent Mccreless
—
Deed Of Trust
related
$14,968,211 · First National Bank
May 10, 2007
—
Mccreless Cnr Shopping Center
Heb Grocery Co
Grant Deed
$15,000,000 · First Nat'l Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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