Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4535 Schertz Rd San Antonio, TX 78233-6964

    • Garden apartment buildings
    • 4,160 SF
    • 1.42 lot acres
    OFF-MARKET
    Last Sale
    Nov 18, 2021
    Value Estimations
    $690,000
    Show details
    Cap Rate Potential
    5.8%
    Garden apartment buildings
    Location Intelligence
    Property ID
    US82-5148534
    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

    • The Cliffside Apartments / Apartment Building

    Property Details for 4535 Schertz Rd

    Year built
    1986
    Lot size
    1.42 lot acres
    Property size
    4,160 SF
    Property type
    Garden apartment buildings
    APN
    14337-004-0351
    APU
    143370040351

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $730,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $710,000
      6.5%
      $655,000
      7%
      $605,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4021
    Latitude
    29.542
    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
    $68,290
    $214,340
    $2,760,660
    $2,975,000
    -
    $214,340
    $2,760,660
    $2,975,000

    Comparable in this City

    • Value Estimation
      $2,340,000
      61,008 SF

      12607 Judson Rd

      GARDEN APT, COURT APT (5+ UNITS) • 61,008 SF
      12607 Judson Rd, San Antonio, TX 78233-4136
      View Details
    • Value Estimation by Request
      13,332 SF

      11803 Alamo Blanco St

      GARDEN APT, COURT APT (5+ UNITS) • 13,332 SF
      11803 Alamo Blanco St, San Antonio, TX 78233
      View Details
    • Value Estimation
      $3,765,000
      40,440 SF

      8130 Shin Oak Dr

      GARDEN APT, COURT APT (5+ UNITS) • 40,440 SF
      8130 Shin Oak Dr, Live Oak, TX 78233-4250
      View Details
    • Value Estimation
      $2,715,000
      29,154 SF

      13012 Oak Ter Dr

      GARDEN APT, COURT APT (5+ UNITS) • 29,154 SF
      13012 Oak Ter Dr, Live Oak, TX 78233-2454
      View Details
    • Value Estimation
      $1,475,000
      93,544 SF

      13656 Oconnor Rd

      GARDEN APT, COURT APT (5+ UNITS) • 93,544 SF
      13656 Oconnor Rd, San Antonio, TX 78233-4978
      View Details
    • Value Estimation
      $3,785,000
      110,171 SF

      7601 Gtwy Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 110,171 SF
      7601 Gtwy Blvd, Live Oak, TX 78233-2671
      View Details

    Similar Nearby for Sale

    • $144,500

      First-Floor Condo in Gated Community

      Well-maintained condo with community amenities and convenient location.
      14343 Judson 207, San Antonio, TX 78233
      View Details
    • $1,250,000
      8,172 SF

      San Antonio Six-Plex in Gated Community

      Six-unit multifamily property near Forum, IKEA, and Randolph AFB.
      14111 Fratelli Rd, San Antonio, TX 78233
      View Details
    • $2,450,000

      25-Unit Apartment Complex Investment

      Centrally located 25-unit apartment complex with recent upgrades.
      5602 Bienville Dr, San Antonio, TX 78233
      View Details
    • $144,700

      Remodeled Condo Near IH 35/1604

      Remodeled 2/2 condo with updated features and community amenities.
      14343 Judson 202, San Antonio, TX 78233
      View Details
    • $128,000

      Updated Condo with Modern Amenities

      Updated 2-bedroom condo with modern features and convenient location.
      14343 Judson 807, San Antonio, TX 78233
      View Details
    • $405,000
      2,724 SF

      San Antonio Duplex in Gated Community

      Duplex with property management near Forum, IKEA, and Randolph AFB.
      6303 Luglio Ln, San Antonio, TX 78233
      View Details

    Similar Nearby for Lease

    • $1,350 /Mo

      Townhouse Near Military Bases

      Townhouse in gated community, convenient to Ft Sam Houston.
      6414 Marcel Way, San Antonio, TX 78233
      View Details
    • $1,475 /Mo

      Northeast San Antonio Townhouse Rental

      Townhouse near Ft Sam Houston & Randolph AFB for rent.
      6426 Marcel Way, San Antonio, TX 78233
      View Details
    • $1,125 /Mo

      Two Bedroom Duplex For Rent

      Duplex with garage, fenced yard, and washer/dryer connections.
      14524 Waddesdon Blf, San Antonio, TX 78233
      View Details
    • $1,550 /Mo
      1,239 SF

      Spacious Duplex with Modern Finishes

      Spacious duplex featuring modern finishes, fireplace, and ample storage.
      7128 Rimwood St, San Antonio, TX 78233
      View Details
    • $1,325 /Mo

      Three Bedroom Duplex For Rent

      Three-bedroom duplex with garage, fireplace, and fenced yard.
      6306 Worchester Knl, San Antonio, TX 78233
      View Details
    • Contact for pricing
      41,382 SF

      Gateway Plaza Retail Lot

      Prime Live Oak, TX Commercial Land
      1604 & IH-35 Nwc Of Loop, Live Oak, TX 78233
      View Details
    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.
    4535 Schertz Rd
    San Antonio, TX 78233-6964
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.