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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Strip malls
5514 Walzem Rd Windcrest, TX 78218-2110
Entity Owned
16-yr Hold
Free & Clear
Property ID
US82-1755676
Property summary
AI-generated overview
Walzem Plaza, located at 5514 Walzem Rd, San Antonio, TX 78218, presents a prime retail opportunity. This single-story, 12,022 square foot building, constructed in 1977, sits on a 0.614-acre lot and offers excellent visibility from Walzem Road, intersecting with Midcrown Drive. The property is zoned C-3 and features a total of nine suites, with one space currently available for lease. This vacant suite comprises 1,400 square feet, ideal for a variety of retail or office uses. The building's convenient location in San Antonio provides easy access to a substantial customer base. The property's single-building design offers efficient management and operation. This is the last remaining space available in this established center, making it a unique opportunity for businesses seeking a high-visibility location in a thriving area. The property's history and established presence in the community offer a strong foundation for future success. Interested parties should act quickly to secure this last available space.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Total area
12,202 SF
Lot
0.61 ac (26,746 SF)
APN
15894-000-0022
UPID
US82-1755676
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
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$580k
Owner & transaction history
5514 Walzem LLC · 16 yrs held
5514 Walzem LLC
since 2010
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$735,000
+42.1%
Industrial (general)
$565,000
+9.6%
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 Windcrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windcrest 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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$515,000
Current use
COMMERCIAL (GENERAL)
$735,000
Change: +42% · Conversion: Easy
INDUSTRIAL (GENERAL)
$565,000
Change: +10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$470,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$48 / 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
$26,857
Tax year 2023
Assessed value
$1,689,880
Assessed 2023
Previous assessed
$1,689,880
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$319,080
Assessed improvement
$1,370,800
Land market value
$319,080
Improvement market value
$1,370,800
Total market value
$1,689,880
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
12,202 SF
Lot
0.61 ac (26,746 SF)
APN
15894-000-0022
UPID
US82-1755676
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$735,000
INDUSTRIAL (GENERAL)
Est. value
$565,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$470,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1980
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
5514 Walzem LLC
Entity
Free & Clear · 16 yrs held
Mailing address
11503 NW MILITARY HWY STE #330, SAN ANTONIO, TX 78231-1895
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2010
—
5514 Walzem LLC
Jorrie,marilyn
Warranty Deed
—
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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