Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    5402 Grissom Rd San Antonio, TX 78238-3026
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5402 Grissom Rd San Antonio, TX 78238-3026

    View on Map
    • Office properties & Spaces
    • 2,322 SF
    • 0.44 lot acres
    Off-Market
    Property ID
    US82-3400763
    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

    • AR1 Auto Group / Car Dealership
    • PRIME FOOD TRAILERS / Car Dealership
    • RD'S BIRD HOUSES / (Bike/Boat/Book/etc) Store
    • La Villita Auto Sales / Car Dealership

    Property Details for 5402 Grissom Rd

    Year built
    1985
    Lot size
    0.44 lot acres
    Property size
    2,322 SF
    Property type
    Office properties & Spaces
    APN
    18620-031-0010
    APU
    186200310010

    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
    -98.6295
    Latitude
    29.4834
    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
    $10,565
    $197,830
    $262,170
    $460,000
    -
    $197,830
    $262,170
    $460,000

    Comparable in this City

    • Value Estimation
      $2,440,000
      21,500 SF

      6000 Loop 410

      OFFICE (GENERAL) • 21,500 SF
      6000 Loop 410, San Antonio, TX 78238-3304
      View Details
    • Value Estimation by Request
      1,300 SF

      7101 Northern Lgts St

      OFFICE (GENERAL) • 1,300 SF
      7101 Northern Lgts St, San Antonio, TX 78238-1123
      View Details
    • Value Estimation
      $1,120,000
      9,063 SF

      5415 Bandera Rd

      OFFICE (GENERAL) • 9,063 SF
      5415 Bandera Rd, Leon Valley, TX 78238-1982
      View Details
    • Value Estimation by Request
      1,420 SF

      5631 Loop 410

      OFFICE (GENERAL) • 1,420 SF
      5631 Loop 410, San Antonio, TX 78238-1818
      View Details
    • Value Estimation
      $565,000
      8,293 SF

      5629 Loop 410

      OFFICE (GENERAL) • 8,293 SF
      5629 Loop 410, San Antonio, TX 78238-1818
      View Details
    • Value Estimation
      $530,000
      16,800 SF

      7302 Caribou

      OFFICE (GENERAL) • 16,800 SF
      7302 Caribou, Leon Valley, TX 78238
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Near Ingram Park Mall

      Land with Wurzbach frontage, development potential near Ingram Park.
      6321 Lealand, San Antonio, TX 78238
      View Details
    • Contact for pricing
      6,245 SF

      San Antonio Commercial Office Building

      6,245 sqft office building in Central San Antonio.
      5415 Lost Ln, San Antonio, TX 78238
      View Details
    • Contact for pricing

      Development Ready Land Tract

      Investment opportunity, ready for development in San Antonio, TX.
      6813 Loop St Northwest, San Antonio, TX 78238
      View Details
    • $90,000
      13,320 SF

      Prime Land in Leon Valley

      Three commercial lots for sale in a high-traffic area.
      7229 Bandera Rd, Leon Valley, TX 78238
      View Details
    • $3,500,000
      1.37 Acres

      Turnkey Car Wash with Retail

      Express car wash with retail income on high-traffic Bandera Rd.
      6780 Bandera Rd, Leon Valley, TX 78238
      View Details
    • $410,000
      2,446 SF

      San Antonio Multifamily Near Medical

      Multifamily property near Medical Center, Loop 410, USAA, and UTSA.
      6321 Attucks Ln, San Antonio, TX 78238
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office/Retail Business Center For Rent

      Office/Retail Business Center located just outside South Texas Medical Center.
      6812 Bandera Rd, San Antonio, TX 78238
      View Details
    • Contact for pricing

      Mixed-Use Building on Grissom Road

      6,900 SF mixed-use building suitable for office, retail, or specialty use.
      5421 Grissom Rd, San Antonio, TX 78238
      View Details
    • Contact for pricing
      2,260 SF

      Office/Retail Business Center For Rent

      Office and retail spaces available near the South Texas Medical Center.
      6812 Bandera Rd, San Antonio, TX 78238
      View Details
    • Contact for pricing

      Alamo Downs Flex Sublease

      Flex space sublease in Alamo Downs Business Park.
      6852 Alamo Downs Pkwy, San Antonio, TX 78238
      View Details
    • Contact for pricing
      5,400 SF

      Leon Valley Warehouse and Office

      Warehouse and office space available for lease in Leon Valley.
      5415 Bandera Rd, Leon Valley, TX 78238
      View Details
    • Contact for pricing

      Retail Shopping Center For Rent

      27,410 SF retail shopping center with high visibility.
      6430 Bandera Rd, San Antonio, TX 78238
      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.
    5402 Grissom Rd
    San Antonio, TX 78238-3026
    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.
    Sign Up Successful!
    You now have access to more from Realmo!