New search
Property profile & analytics
FOR LEASE
Office Spaces
5415 Bandera Rd Leon Valley, TX 78238
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-0171140
For Lease
1 / 3
$1,120,000
5415 Bandera Rd, Leon Valley, TX 78238
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Total area
9,063 SF
Lot
10.89 ac (474,456 SF)
APN
04428-701-0054
UPID
US82-0171140
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$1.12M
Owner & transaction history
Vaquero Bandera Partners LP · 4 yrs held
Vaquero Bandera Partners LP
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+96.4%
Medical building
$750,000
+28.3%
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 Leon Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leon Valley 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
RESTAURANT
$1,150,000
Change: +96% · Conversion: Difficult
MEDICAL BUILDING
$750,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±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
$124 / 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
$259,819
Tax year 2023
Assessed value
$11,600,000
Assessed 2023
Previous assessed
$11,600,000
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$2,168,260
Assessed improvement
$9,431,740
Land market value
$2,168,260
Improvement market value
$9,431,740
Total market value
$11,600,000
Applied tax rate
6.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1984
Heating
CENTRAL
Cooling
YES
Buildings
7
Stories
1
Total area
9,063 SF
Lot
10.89 ac (474,456 SF)
APN
04428-701-0054
UPID
US82-0171140
Jurisdiction
BEXAR
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
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$750,000
RESTAURANT
MEDICAL BUILDING
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
1984
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
7
Lot
10.89 ac
Current owner
From public records · entity-resolved
Vaquero Bandera Partners LP
Entity
Mailing address
2900 WINGATE ST STE #200, FORT WORTH, TX 76107-1921
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
—
Vaquero Bandera Partners LP
S A West Loop II Investors Ltd
Venders Lien
$15,000,000 · Independent Bank
Jun 24, 2019
—
Sa West Loop II Investors Ltd
—
Deed
related
$24,121,376 · Plainscapital Bk
Dec 26, 2018
—
Sa West Loop II Investors Ltd
—
Deed
related
$5,790,000 · Plainscapital Bk
Sep 11, 2018
—
Sa West Loop II Investors Ltd
—
Deed
related
$5,142,167 · Plainscapital Bk
Apr 9, 2012
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$6,035,802 · Whitney Bank
Jun 30, 2006
—
Sa West Loop II Investors Ltd
Ramsey Loop Realty
Grant Deed
$6,888,300 · Whitney National Bank
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$6,012,640 · Whitney Bank
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$39,128 · Whitney Bank
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$100,616 · Whitney National Bank
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$6,164,802 · Whitney Bank
—
—
Sa West Loop II Investors Ltd
—
Loan Modification
related
$5,142,167 · Plainscapital Bk
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$5,790,000 · Bank Of River Oaks
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
—
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$150,000 · Whitney National Bank
—
—
Richland Finl Svcs Of Texas I
—
Deed Of Trust
related
$500,000 · Plainscapital Bk
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$15,562 · Whitney Bank
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$6,575,183 · Whitney National Bank
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$5,680,109 · Whitney Bank
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$19,562 · Whitney Bank
—
—
Sa West Loop II Investors Ltd
—
Loan Modification
related
$5,790,000 · Plainscapital Bk
—
—
Sa West Loop II Investors Ltd
—
Deed Of Trust
related
$24,121,376 · Plainscapital Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
