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    4615 S Flores Rd Elmendorf, TX 78112
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    4615 S Flores Rd Elmendorf, TX 78112

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    • Warehouses
    • 300 SF
    • 2.51 lot acres
    For Sale
    $850,000
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    2.5 Acre Corner Property For Sale
    $850,000
    2,790 SF

    2.5 Acre Corner Property

    2.5 acre corner property suitable for auto repair or retail.

    4615 S Flores Rd, Elmendorf, TX 78112
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    Property ID
    US82-1757796
    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

    • Warehouses

    Property Details for 4615 S Flores Rd

    Year built
    1999
    Lot size
    2.51 lot acres
    Property size
    300 SF
    Property type
    Warehouses
    APN
    04010-601-0210
    APU
    40106010210

    Description

    This exceptional 2,790 square foot commercial property, situated on a generous 2.51-acre corner lot in Elmendorf, Texas, presents a compelling investment opportunity. Located approximately 17 miles south of San Antonio, this property enjoys a highly visible location directly across from the Navistar Advanced Technology Center (formerly Halliburton), offering excellent exposure to significant traffic flow. Its proximity to IH 37 and Loop 1604 provides easy access to major transportation arteries, enhancing its appeal for a wide range of commercial ventures. Currently housing South Texas Auto Rebuilders, the property's versatile zoning allows for diverse redevelopment possibilities. Potential uses include, but are not limited to, auto or truck repair facilities, a strip mall, an industrial yard, or even apartment complexes. The existing building offers substantial square footage for immediate occupancy or renovation, while the expansive lot provides ample space for expansion or future development. The asking price is $850,000, and the seller may consider financing options, making this an attractive proposition for both seasoned investors and those seeking a strategic entry into the commercial real estate market. This prime location and flexible zoning make this property an exceptional investment with significant long-term potential. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmendorf
    County
    Bexar
    State
    Texas
    Longitude
    -98.4025
    Latitude
    29.2174
    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
    $15,888
    $402,360
    $309,210
    $711,570
    -
    $402,360
    $309,210
    $711,570

    Comparable in this City

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      Old Corpus Christi Hwy

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    • Value Estimation by Request
      2,000 SF

      20695 Lamm Rd

      WAREHOUSE, STORAGE • 2,000 SF
      20695 Lamm Rd, Elmendorf, TX 78112
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    • Value Estimation
      $1,250,000
      61,007 SF

      8246 Loop 1604th E

      BULK STORAGE, TANKS • 61,007 SF
      8246 Loop 1604th E, Elmendorf, TX 78112-9826
      View Details
    • Value Estimation
      $1,045,000
      14,856 SF

      14208 Interstate 37th S

      WAREHOUSE, STORAGE • 14,856 SF
      14208 Interstate 37th S, Elmendorf, TX 78112-9672
      View Details
    • Value Estimation by Request
      5,000 SF

      Ih 37

      WAREHOUSE, STORAGE • 5,000 SF
      Ih 37, Elmendorf, TX 78112
      View Details
    • Value Estimation
      $550,000
      25,381 SF

      14348 Donop Rd

      BULK STORAGE, TANKS • 25,381 SF
      14348 Donop Rd, Elmendorf, TX 78112-5581
      View Details

    Similar Nearby for Sale

    • $1,495,000
      617,985 SF

      Commercial Property on S Loop 1604

      Multi-use commercial property with warehouse and office space.
      8635 S Loop 1604 E, Elmendorf, TX 78112
      View Details
    • $90,000
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      Elmendorf Build-Ready Lot Available

      Buildable lot in growing area with minimal limitations.
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    • $72,500
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      Elmendorf Land with Utilities

      0.287 acres in Elmendorf, TX with electric and plumbing.
      231 E 4Th St, Elmendorf, TX 78112
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    • Contact for pricing
      10,000 SF

      Elmendorf Medical/Industrial Opportunity Zone Property

      10,000 SF building on 7 acres with expansion potential.
      7704 S Loop 1604 E, Elmendorf, TX 78112
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    • Contact for pricing

      Industrial Park Land Available

      Industrial park land for sale in San Antonio's South Submarket.
      20727 Petroleum Cmn, Elmendorf, TX 78112
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    • $704,000
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      Prime Land Available for Sale

      Large commercial land tract available for purchase.
      S Loop 1604 E, Elmendorf, TX 78112
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Pad Site on I-37

      Pad site available for lease on Interstate 37.
      14728 I-37, Elmendorf, TX 78112
      View Details
    • $0.55 SF/Yr

      Elmendorf Land Along Highway 37

      Cleared, vacant land for lease with highway access and visibility.
      4440 S Loop 1604 E, Elmendorf, TX 78112
      View Details
    • $16 SF/Yr
      1,700 SF

      Elmendorf Retail Space Available

      Retail space available for lease in Elmendorf, Texas.
      3712 New Mathis Rd, Elmendorf, TX 78112
      View Details
    View Listing
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    4615 S Flores Rd
    Elmendorf, TX 78112
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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.

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    4615 S Flores Rd, Elmendorf, TX, 78112
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