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    Property profile & analytics

    516 Flores St San Antonio, TX 78204-1217

    • Grocery and convenience stores
    • 12,422 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimations
    $2,820,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-0447764
    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

    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • H-E-B / Grocery & Convenience Store / Food Market
    • H-E-B Fuel / Gas Station
    • South Flo Pizza In H-E-B / Restaurant
    • HEB ATM / Atm

    Property Details for 516 Flores St

    Year built
    2015
    Lot size
    1.50 lot acres
    Property size
    12,422 SF
    Property type
    Grocery and convenience stores
    APN
    00929-003-0070
    APU
    9290030070

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,770,000
      6.5%
      $2,560,000
      7%
      $2,375,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,080,000
      Market price range: $1.40M - $3.08M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,265,000
      Current use
      RESTAURANT
      $2,095,000
      Change: -8% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4963
    Latitude
    29.4193
    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
    $174,496
    $6,900,000
    $100,000
    $7,000,000
    -
    $6,900,000
    $100,000
    $7,000,000

    Comparable in this City

    • Value Estimation
      $10,385,000
      55,834 SF

      1601 Nogalitos St

      GROCERY, SUPERMARKET • 55,834 SF
      1601 Nogalitos St, San Antonio, TX 78204-2427
      View Details
    • Value Estimation by Request
      1,276 SF

      1115 Probandt

      CONVENIENCE STORE • 1,276 SF
      1115 Probandt, San Antonio, TX 78204-2732
      View Details
    • Value Estimation by Request
      1,638 SF

      527 Cevallos

      CONVENIENCE STORE • 1,638 SF
      527 Cevallos, San Antonio, TX 78204-3206
      View Details
    • Value Estimation by Request
      1,932 SF

      526 Cevallos

      CONVENIENCE STORE • 1,932 SF
      526 Cevallos, San Antonio, TX 78204-3205
      View Details
    • Value Estimation
      $785,000
      5,067 SF

      211 Stace

      CONVENIENCE STORE • 5,067 SF
      211 Stace, San Antonio, TX 78204-2845
      View Details
    • Value Estimation by Request
      1,275 SF

      1231 Probandt

      CONVENIENCE STORE • 1,275 SF
      1231 Probandt, San Antonio, TX 78204-2734
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Property in San Antonio

      Retail property for sale in San Antonio, Texas.
      112 King William, San Antonio, TX 78204
      View Details
    • $1,500,000
      800 SF

      Prime San Antonio Restaurant

      Established Restaurant, High Traffic Area
      1424 Nogalitos St, San Antonio, TX 78204
      View Details
    • $235,000

      Industrial Loft with Downtown Views

      Loft-style condo with downtown views, owner financing available.
      831 S Flores St, San Antonio, TX 78204
      View Details
    • Contact for pricing

      South Flores Land Opportunity

      Land for sale in the South Flores/Lone Star area.
      310 E Lachapelle, San Antonio, TX 78204
      View Details
    • Contact for pricing

      San Antonio Specialty Property For Sale

      Specialty property available for purchase in San Antonio, Texas.
      330 Clay Unit, San Antonio, TX 78204
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    • $729,900
      0.64 Acres

      Downtown San Antonio Land Package

      Three adjacent lots totaling 0.64 acres near Blue Star.
      116 Lone Star Blvd, San Antonio, TX 78204
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      12,000 SF

      Retail Space Available For Lease

      Retail space available for lease in San Antonio, TX.
      1010 S Flores St, San Antonio, TX 78204
      View Details
    • $36 SF/Yr
      22,113 SF

      Southtown Retail Space Available

      Prime San Antonio Retail, 3,834 SF
      1425 Flores St, San Antonio, TX 78204
      View Details
    • Contact for pricing
      3,450 SF

      Downtown San Antonio Retail Space

      Retail space in vibrant downtown San Antonio, near Riverwalk.
      227 Dwyer Ave, San Antonio, TX 78204
      View Details
    • $35 SF/Yr
      10,920 SF

      Southtown Retail Opportunity

      Prime San Antonio Retail Space
      227 Cevallos St, San Antonio, TX 78204
      View Details
    • $12 SF/Yr
      22,264 SF

      Lone Star District Creative Office

      San Antonio Office Space: 800-19,270 SF
      2600 Flores St, San Antonio, TX 78204
      View Details
    • Contact for pricing
      26,040 SF

      Retail Building with Office Space

      26,040 SF retail building with office and dock.
      824 S Laredo St, San Antonio, TX 78204
      View Details
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    516 Flores St
    San Antonio, TX 78204-1217
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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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