Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3645 Fredericksburg Rd San Antonio, TX 78201
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3645 Fredericksburg Rd San Antonio, TX 78201

    View on Map
    • Strip malls
    • 26,040 SF
    • 1.59 lot acres
    For Lease
    $1,220,000
    View Listing →
    Retail Space on Fredericksburg Road For Lease
    $1,220,000
    10,780 SF

    Retail Space on Fredericksburg Road

    Retail space available for lease on Fredericksburg Road.

    3645 Fredericksburg Road, San Antonio, TX 78201
    View Listing
    Property ID
    US82-0925075
    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

    • Melrose Family Fashions / Department Store
    • Dollar Tree / Discount Store

    Property Details for 3645 Fredericksburg Rd

    Year built
    1986
    Lot size
    1.59 lot acres
    Property size
    26,040 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    08406-000-0490
    APU
    84060000490

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,755,000
      Current use
      WAREHOUSE, STORAGE
      $2,030,000
      Change: +16% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,940,000
      Change: +11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5407
    Latitude
    29.4783
    CBSA code
    41700
    CBSA name
    SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $72,914
    $1,337,110
    $1,587,890
    $2,925,000
    -
    $1,337,110
    $1,587,890
    $2,925,000

    Comparable in this City

    • Value Estimation
      $650,000
      17,491 SF

      1800 Fredericksburg Rd

      SHOPPING CENTER, STRIP CENTER • 17,491 SF
      1800 Fredericksburg Rd, San Antonio, TX 78201-5089
      View Details
    • Value Estimation
      $1,530,000
      29,310 SF

      4535 Fredericksburg Rd

      SHOPPING CENTER, STRIP CENTER • 29,310 SF
      4535 Fredericksburg Rd, Balcones Heights, TX 78201-6504
      View Details
    • Value Estimation
      $1,240,000
      25,092 SF

      3534 Fredericksburg Rd

      SHOPPING CENTER, STRIP CENTER • 25,092 SF
      3534 Fredericksburg Rd, San Antonio, TX 78201-7100
      View Details
    • Value Estimation
      $640,000
      10,881 SF

      6400 Interstate 10

      SHOPPING CENTER, STRIP CENTER • 10,881 SF
      6400 Interstate 10, Balcones Heights, TX 78201-2005
      View Details
    • Value Estimation by Request
      4,095 SF

      2908 Ww Ave

      SHOPPING CENTER, STRIP CENTER • 4,095 SF
      2908 Ww Ave, San Antonio, TX 78201-2223
      View Details
    • Value Estimation by Request
      2,706 SF

      722 Balcones Hts Rd

      SHOPPING CENTER, STRIP CENTER • 2,706 SF
      722 Balcones Hts Rd, San Antonio, TX 78201-6903
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Fredericksburg Road Retail Opportunity

      Retail property on major thoroughfare in historic district.
      1815 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      2,049 SF

      Retail Space on Fredericksburg Road

      Retail property with high visibility and recent upgrades for sale.
      2311 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • $290,000
      3,422 SF

      San Antonio Income-Producing 4-Plex

      Four-unit property with commercial zoning near Woodlawn Lake.
      1802 Cincinnati Ave, San Antonio, TX 78201
      View Details
    • $2,378,504
      3,625 SF

      Fredericksburg Road Car Wash Restaurant

      Car wash and restaurant on 0.83 acres for sale.
      2719 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      2,874 SF

      High-Traffic Retail Space Available

      Retail space in a high-traffic, rapidly growing area.
      2414-2426 N Zarzamora St, San Antonio, TX 78201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,270 SF

      Retail Space on Fredericksburg Road

      Retail space available in San Antonio with recent exterior upgrades.
      3655 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      905 SF

      Retail Center on Fredericksburg Road

      Retail space available in high-traffic San Antonio location.
      5152 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing

      Established Retail Location For Rent

      Retail space available in established Springwood Shopping Center.
      3534 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing

      Corner Retail and Office Space

      Located at signalized intersection near Firstmark Credit Union.
      3206 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on Culebra Road

      Retail space with excellent visibility and easy access.
      1922 Culebra Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Deco District

      1,500 SF retail space in a densely populated area.
      1724-1726 Fredericksburg Rd, San Antonio, TX 78201
      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.
    3645 Fredericksburg Rd
    San Antonio, TX 78201
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!