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    4770 Military Dr San Antonio, TX 78242
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    Property profile & analytics

    4770 Military Dr, San Antonio, TX 78242

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    • Commercial real estate
    • 4.63 lot acres
    Off-Market
    Property ID
    US82-2588649
    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

    • Commercial real estate

    Property Details for 4770 Military Dr

    Lot size
    4.63 lot acres
    Property type
    Commercial real estate

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 31, 2024 — Palladium San Antonio Ltd — Deed · related $30.1M · City Of San Antonio

    Description

    This exceptional 4.626-acre commercial land parcel presents a remarkable investment opportunity in San Antonio, Texas. Located at 4770 SW Military Dr, in Bexar County, zip code 78242, this property boasts a highly desirable C-3 General Commercial zoning designation, opening doors to a wide array of development possibilities. The site is conveniently situated just west of Old Pearsall Road, providing excellent visibility and accessibility. Utilities are readily available through SAWS. A key advantage is the property's adjacency to a significant new development: a 288-unit luxury workforce housing complex slated for completion in July 2026. This burgeoning residential community will create substantial demand for commercial services, making this land ideally positioned to capitalize on the increased population and consumer traffic. Potential uses for this versatile site include, but are not limited to: car washes, self-storage facilities, auto repair shops, daycare centers, strip centers, convenience stores, fast-food restaurants, mixed-use developments, and restaurants. The property's size and zoning offer significant flexibility for developers seeking to create a thriving commercial hub in a rapidly expanding area. This is a rare opportunity to acquire a strategically located commercial site with exceptional growth potential. Don't miss out on this chance to secure a prime piece of San Antonio real estate.

    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
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5932125
    Latitude
    29.3648794

    Comparable in this City

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      Land for Sale

      Land available for sale.
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      Land Available on SW Loop

      Land for sale located on SW Loop 410.
      9326 Loop 410 SW, San Antonio, TX 78242
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    • $65,000
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      Residential Land in San Antonio

      Land for sale in established community, convenient location.
      8303 Rain Dance, San Antonio, TX 78242
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    • $57,000
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      Oversized Lot Near Major Highways

      Oversized lot near highways, Palo Alto College, parks, and trails.
      5124 E Hayden Dr, San Antonio, TX 78242
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    Similar Nearby for Sale

    • $45,000
      0.20 Acres

      San Antonio Land for Sale

      Undeveloped lot in Southwest I.S.D. backing to a greenbelt.
      8802 Catalina Bay Dr, San Antonio, TX 78242
      View Details
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      25 SF

      Land Available for Sale

      Land available for sale at 9333 SW Loop 410, San Antonio.
      9333 Loop 410 SW, San Antonio, TX 78242
      View Details
    • Contact for pricing

      Land for Sale

      Land available for sale.
      SW Loop 410 & Quintana Rd, San Antonio, TX 78242
      View Details
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      Land Available on SW Loop

      Land for sale located on SW Loop 410.
      9326 Loop 410 SW, San Antonio, TX 78242
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    • $65,000
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      Residential Land in San Antonio

      Land for sale in established community, convenient location.
      8303 Rain Dance, San Antonio, TX 78242
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    • $57,000
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      Oversized Lot Near Major Highways

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      5124 E Hayden Dr, San Antonio, TX 78242
      View Details
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    San Antonio, TX 78242
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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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