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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3719 Military Dr San Antonio, TX 78223-4017

    • Turn key restaurants
    • 4,661 SF
    • 0.69 lot acres
    OFF-MARKET
    Last Sale
    Dec 11, 2020
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2596560
    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.

    Current Use by Public Records

    • La Parrilla Mexican Restaurant #2 / Mexican Restaurant / Restaurant

    Property Details for 3719 Military Dr

    Year built
    1965
    Lot size
    0.69 lot acres
    Property size
    4,661 SF
    Property type
    Turn key restaurants
    APN
    12850-005-0290
    APU
    128500050290

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4231
    Latitude
    29.3545
    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
    $20,536
    $294,290
    $651,980
    $946,270
    -
    $294,290
    $651,980
    $946,270

    Comparable in this City

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      $830,000
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      7307 New Braunfels Ave

      RESTAURANT • 7,024 SF
      7307 New Braunfels Ave, San Antonio, TX 78223-4639
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    • Value Estimation
      $590,000
      6,020 SF

      2707 Military Dr

      RESTAURANT • 6,020 SF
      2707 Military Dr, San Antonio, TX 78223-4585
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    • Value Estimation by Request
      1,536 SF

      10611 Us Hwy 181

      RESTAURANT • 1,536 SF
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    • Value Estimation by Request
      1,850 SF

      1619 Goliad Rd

      RESTAURANT • 1,850 SF
      1619 Goliad Rd, San Antonio, TX 78223-2721
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    • Value Estimation by Request
      3,222 SF

      1012 Avondale Ave

      RESTAURANT • 3,222 SF
      1012 Avondale Ave, San Antonio, TX 78223-2764
      View Details
    • Value Estimation
      $500,000
      3,040 SF

      11060 Us Hwy 181

      RESTAURANT • 3,040 SF
      11060 Us Hwy 181, San Antonio, TX 78223-4248
      View Details

    Similar Nearby for Sale

    • $500,000
      60,112 SF

      Hwy 181 S Commercial Land

      1.38 Acres, High Traffic, Vacant
      51 County Road 150, San Antonio, TX 78223
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    • $1,250,000
      3,300 SF

      Pecan Valley Restaurant - San Antonio

      Established Restaurant, High Traffic Area
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    • $500,000
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      Highway Frontage Development Opportunity

      1.38 acres with highway frontage ideal for development.
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    • New
      $1,545,000
      1.67 Acres

      Prime Corner Commercial Land Available

      High-visibility 1.67-acre corner lot suitable for retail development.
      12020 S Us Highway 181, San Antonio, TX 78223
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    • $259,000

      Live-Work Property with Studio

      Work-from-home property with studio, pool, and convenient access.
      13631 S Us Highway 181, San Antonio, TX 78223
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    • Contact for pricing

      Retail Property For Sale

      Retail property available for sale.
      9342 B7, San Antonio, TX 78223
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    Similar Nearby for Lease

    • $23 SF/Yr
      3,300 SF

      Restaurant Space with Drive-Thru

      3,300 SF restaurant space available for lease with drive-thru.
      6103 Pecan Valley Cir, San Antonio, TX 78223
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      1 SF

      Prime San Antonio Retail Pad Site

      High-traffic location, 1-acre lot, C-2CD zoning.
      1323 Goliad Rd, San Antonio, TX 78223
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    • Contact for pricing
      3,797 SF

      Retail Space Available for Lease

      Retail space available in a shopping center with major retailers.
      3127-3143 SE Military Dr, San Antonio, TX 78223
      View Details
    • $16 SF/Yr
      3,000 SF

      Retail Space Available For Rent

      Retail space available for lease in San Antonio, Texas.
      2336-2368 E Southcross Blvd, San Antonio, TX 78223
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    • Contact for pricing
      980 SF

      Luxury Garage Condominium Community

      Luxury garage condominium community in San Antonio, South Texas.
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    • Contact for pricing
      3,700 SF

      McCreless Market Center Retail Space

      San Antonio retail space, multiple suites available.
      4130 New Braunfels Ave, San Antonio, TX 78223
      View Details
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    3719 Military Dr
    San Antonio, TX 78223-4017
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    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
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