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Property profile & analytics
OFF-MARKET
Estimated value
$3,755,000
Commercial real estate
508 Cibolo Vly Dr Cibolo, TX 78108-3834
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3871708
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2015
Construction
STEEL FRAME
Total area
34,455 SF
Lot
3.07 ac (133,860 SF)
APN
1G-0565-0001-00100-000
UPID
US83-3871708
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Move It Self Storage Storage Facility
-
Cibolo Texas Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.78M
Blend (final)
Blend
$3.76M
Owner & transaction history
Nsa Property Holdings LLC · 5 yrs held
Nsa Property Holdings LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.0M
+65.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cibolo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cibolo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,030,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,020,000
Change: +66% · Conversion: Moderate
Blend value · Realmo final
$3.76M
Range $3.38M – $4.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$115,294
Tax year 2023
Assessed value
$6,420,900
Assessed 2024
Previous assessed
$6,212,900
+3.3% YoY
Effective rate
1.80%
On assessed value
Assessed land
$1,153,889
Assessed improvement
$5,267,011
Land market value
$1,153,889
Improvement market value
$5,267,011
Total market value
$6,420,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
2
Total area
34,455 SF
Lot
3.07 ac (133,860 SF)
APN
1G-0565-0001-00100-000
UPID
US83-3871708
Jurisdiction
GUADALUPE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Construction
STEEL FRAME
Heating
NONE
Stories
2
Buildings
3
Lot
3.07 ac
Current owner
From public records · entity-resolved
Nsa Property Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
12665 N CENTRAL EXPY #925, DALLAS, TX 75243-1705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Nsa Property Holdings LLC
Cibolo 78108 Storage Ltd
Grant Deed
related
—
Jun 22, 2020
—
Cibolo 78108 Storage Ltd
—
Deed
related
$4,617,411 · Miscellaneous Ins Co
Jul 1, 2014
—
Cibolo 78108 Storage Ltd
David A II
Warranty Deed
related
—
Jan 11, 2006
—
Meditz,david A II & Lisa M
Phil Mockford
Warranty Deed
$190,000 · Schertz Bk&tr
Dec 6, 2005
—
Mockford,phil Tr
William J Jones
Warranty Deed
—
Jul 13, 2005
—
Jones,william J
Gene R Jones JR.
Quit Claim Deed
related
—
—
—
Meditz,david A II & Lisa M
—
Deed Of Trust
related
$37,577 · Propel Fin'l Svcs
—
—
David Meditz
—
Loan Modification
related
$179,975 · Schertz Bk&tr
—
—
Meditz,david & Lisa
—
Loan Modification
related
$175,083 · Schertz Bk&tr
—
—
Meditz,david A II & Lisa M
—
Deed Of Trust
related
$28,426 · Propel Fin'l Svcs
—
—
Meditz,david & Lisa
—
Loan Modification
related
$167,546 · Schertz Bk&tr
—
—
Cibolo 78108 Storage Ltd
—
Loan Modification
related
$4,617,411 · Miscellaneous Ins Co
—
—
Meditz,david A II & Lisa M
—
Deed Of Trust
related
$10,835 · Liberty Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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