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    4703 Scenic Lake Dr Schertz, TX 78154
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    4703 Scenic Lake Dr Schertz, TX 78154

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    • Distribution centers
    • 1,005,104 SF
    For Sale
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    Schertz Distribution Center Opportunity For Sale
    Contact for pricing
    1,005,104 SF

    Schertz Distribution Center Opportunity

    Class A distribution building near I-10 and I-35.

    4703 Scenic Lake Dr, Schertz, TX 78154
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    Property ID
    US82-2237174
    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

    • Distribution centers

    Property Details for 4703 Scenic Lake Dr

    Year built
    2024
    Property size
    1,005,104 SF
    Property type
    Distribution centers
    Property subtype
    Commercial real estate

    Description

    C5LC at Interstate 10 is located in Schertz, Texas at I-10 and N Loop 1604 E along the transportation corridor in northeast San Antonio. The property represents a unique opportunity to lease a Class A building in close proximity to major thoroughfares of I-10 and I-35. The property is ideally suited to service Greater San Antonio’s most active submarket and offers optimum functionality for local, regional and national distribution tenants. With a strong labor force in the area, C5LC at Interstate 10 offers outstanding building features like cross-dock capability and single-loaded space, 596 car parks and 221 trailer spots, along with a 36-foot clear height for maximum storage capability in Phase I of the project.

    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
    Schertz
    County
    Guadalupe
    State
    Texas
    Longitude
    -98.287539
    Latitude
    29.482265

    Comparable in this City

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      Schertz Distribution Center Opportunity

      Class A distribution center in Schertz, Texas near I-10.
      I-10 E & Loop, Schertz, TX 78154
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      3,500 SF

      Schertz Flex Warehouse Condominium

      3500 SF office, flex, warehouse condo near IH 35.
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      8,000 SF

      Schertz Land with Improvements

      9 acres with buildings near Randolph Airforce Base.
      12470 Woman Hollering Rd, Schertz, TX 78154
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    • $700,000
      4.00 Acres

      Prime Land in Selma, TX

      4 acres of land suitable for mixed-use development.
      16874 Lookout Rd, Selma, TX 78154
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    • $1,649,000

      Immaculate Flex Space in Schertz

      Well-maintained flex space in Schertz industrial area with upgrades.
      108 Commercial Pl, Schertz, TX 78154
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    Similar Nearby for Sale

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      Schertz Distribution Center Opportunity

      Class A distribution center in Schertz, Texas near I-10.
      I-10 E & Loop, Schertz, TX 78154
      View Details
    • Contact for pricing
      3,500 SF

      Schertz Flex Warehouse Condominium

      3500 SF office, flex, warehouse condo near IH 35.
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Contact for pricing
      8,000 SF

      Schertz Land with Improvements

      9 acres with buildings near Randolph Airforce Base.
      12470 Woman Hollering Rd, Schertz, TX 78154
      View Details
    • $700,000
      4.00 Acres

      Prime Land in Selma, TX

      4 acres of land suitable for mixed-use development.
      16874 Lookout Rd, Selma, TX 78154
      View Details
    • $1,649,000

      Immaculate Flex Space in Schertz

      Well-maintained flex space in Schertz industrial area with upgrades.
      108 Commercial Pl, Schertz, TX 78154
      View Details

    Similar Nearby for Lease

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      1,005,104 SF

      Core5 Logistics Center: I-10, Schertz

      Class A industrial space; 150,000 - 536,824 SF available.
      4703 Scenic Lake Dr, Schertz, TX 78154
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    • Contact for pricing
      149,967 SF

      Schertz Warehouse Space Available

      149,967 SF warehouse space for rent in Schertz, Texas.
      I-35 & Schwab Rd, Schertz, TX 78154
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    • $18 SF/Yr
      10,000 SF

      Schertz Flex Warehouse Space

      Modern 3,500 SF Flex Space Available
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Contact for pricing
      4,964 SF

      Industrial Building with Office Space

      Class-A industrial building featuring office and warehouse space for lease.
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      7,252 SF

      Northeast Submarket Flex Space

      Class A construction with office space and dock high doors.
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      5,600 SF

      Schertz Industrial Warehouse Space

      43,200 SF Class B industrial warehouse for lease.
      17357 Bell North Dr, Schertz, TX 78154
      View Details
    View Listing
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    Schertz, TX 78154
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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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