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

    50 Briggs St San Antonio, TX 78224-1267

    • Assisted living facilities
    • 37,816 SF
    • 2.72 lot acres
    OFF-MARKET
    Last Sale
    Jun 19, 2025
    Value Estimations
    $735,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3851301
    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

    • Assisted living facilities

    Property Details for 50 Briggs St

    Year built
    1986
    Lot size
    2.72 lot acres
    Property size
    37,816 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    17244-001-0080
    APU
    172440010080

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $815,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $654,000
      Market price range: $461k - $1.31M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $905,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5481
    Latitude
    29.3544
    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
    $80,955
    $903,510
    $2,396,490
    $3,300,000
    -
    $903,510
    $2,396,490
    $3,300,000

    Comparable in this City

    • Value Estimation
      $625,000
      20,290 SF

      1339 Chavaneaux Rd

      HOMES (RETIRED, NURSING) • 20,290 SF
      1339 Chavaneaux Rd, San Antonio, TX 78224-2607
      View Details
    • Value Estimation
      $545,000
      46,142 SF

      9903 Hunters Pond

      HOMES (RETIRED, NURSING) • 46,142 SF
      9903 Hunters Pond, San Antonio, TX 78224-3069
      View Details
    • Value Estimation
      $700,000
      44,627 SF

      2003 Hutchins Pl

      HOMES (RETIRED, NURSING) • 44,627 SF
      2003 Hutchins Pl, San Antonio, TX 78224-1368
      View Details
    • Value Estimation
      $730,000
      45,363 SF

      7719 Interstate 35th S

      HOSPITAL - PRIVATE • 45,363 SF
      7719 Interstate 35th S, San Antonio, TX 78224-1469
      View Details
    • Value Estimation
      $455,000
      7,622 SF

      7910 Barlite Blvd

      MEDICAL BUILDING • 7,622 SF
      7910 Barlite Blvd, San Antonio, TX 78224-1470
      View Details
    • Value Estimation
      $700,000
      60,000 SF

      7500 Barlite Blvd

      MEDICAL BUILDING • 60,000 SF
      7500 Barlite Blvd, San Antonio, TX 78224-1361
      View Details

    Similar Nearby for Sale

    • $495,000
      3.00 Acres

      Prime San Antonio Commercial Land

      3-Acre Highway 16 Tract, $495,000
      13811 Tx-16, San Antonio, TX 78224
      View Details
    • $260,000

      San Antonio Residential Development Lot

      2.46 acre lot for residential development or investment.
      1330 W Ackard Pl, San Antonio, TX 78224
      View Details
    • $244,000

      Prime Commercial Land Near Toyota

      1.12-acre commercial land with excellent visibility and access.
      15215 Applewhite Rd, San Antonio, TX 78224
      View Details
    • Contact for pricing

      Land For Sale San Antonio

      Land available for sale in San Antonio, Texas.
      9965 State Highway 16 S, San Antonio, TX 78224
      View Details
    • $235,000

      San Antonio Land Opportunity

      Land available in San Antonio, Texas for $235,000.
      8922 Victoria Lk, San Antonio, TX 78224
      View Details
    • Contact for pricing
      24.00 Acres

      Applewhite Road Industrial Land

      San Antonio Industrial Parcels, MI-1 Zoning
      12800 Applewhite Rd, San Antonio, TX 78224
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      39,180 SF

      Retail Space Near South Park

      Burlington-anchored shopping center in southwest San Antonio available for rent.
      2902 SW Military Dr, San Antonio, TX 78224
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Strip Center

      Retail space available in a strip center with freeway visibility.
      1007 Poteet Jourdanton Fwy, San Antonio, TX 78224
      View Details
    • Contact for pricing
      2,940 SF

      Retail Space in High-Traffic Area

      Retail space with prominent signage and easy highway access.
      6986-6998 S Zarzamora St, San Antonio, TX 78224
      View Details
    • Contact for pricing

      Land for Lease

      Land available for lease on SE Military Drive.
      2326 SE Military Dr, San Antonio, TX 78224
      View Details
    • Contact for pricing
      24,100 SF

      Retail Strip Center For Rent

      24,100 SF strip center with freeway visibility.
      1007 Poteet Jourdanton Fwy Access Rd, San Antonio, TX 78224
      View Details
    • Contact for pricing
      1,220 SF

      Office Space Near Airport

      Office space for lease near San Antonio International Airport.
      1566 Loop 410 Ne, San Antonio, TX 78224
      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.
    50 Briggs St
    San Antonio, TX 78224-1267
    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.