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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5823 Rittiman Plz San Antonio, TX 78218-5212

    • Warehouses
    • 14,456 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8583684
    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

    • CEP Technologies Corporation / Manufacturer

    Property Details for 5823 Rittiman Plz

    Year built
    2004
    Lot size
    1.44 lot acres
    Property size
    14,456 SF
    Property type
    Warehouses
    APN
    16374-001-0070
    APU
    163740010070

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $525,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $654,000
      Market price range: $118k - $857k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $470,000
      Current use
      OFFICE BUILDING
      $960,000
      Change: +105% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $870,000
      Change: +86% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $645,000
      Change: +38% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4068
    Latitude
    29.481
    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
    $39,597
    $217,660
    $1,632,340
    $1,850,000
    -
    $217,660
    $1,632,340
    $1,850,000

    Comparable in this City

    • Value Estimation
      $2,525,000
      40,910 SF

      3019 Loop 410

      WAREHOUSE, STORAGE • 40,910 SF
      3019 Loop 410, San Antonio, TX 78218-1546
      View Details
    • Value Estimation by Request
      6,600 SF

      119 Bobby Lou Dr

      WAREHOUSE, STORAGE • 6,600 SF
      119 Bobby Lou Dr, San Antonio, TX 78218-2002
      View Details
    • Value Estimation
      $635,000
      24,000 SF

      4041 Rittiman Rd

      WAREHOUSE, STORAGE • 24,000 SF
      4041 Rittiman Rd, San Antonio, TX 78218-4344
      View Details
    • Value Estimation by Request
      2,677 SF

      4424 Rittiman Rd

      WAREHOUSE, STORAGE • 2,677 SF
      4424 Rittiman Rd, San Antonio, TX 78218-4345
      View Details
    • Value Estimation by Request
      10,710 SF

      6390 Fairdale Dr

      WAREHOUSE, STORAGE • 10,710 SF
      6390 Fairdale Dr, San Antonio, TX 78218-4398
      View Details
    • Value Estimation by Request
      8,800 SF

      4679 Walzem Rd

      WAREHOUSE, STORAGE • 8,800 SF
      4679 Walzem Rd, San Antonio, TX 78218-1676
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      176,000 SF

      San Antonio Industrial Portfolio

      176,000 SF Value-Add Opportunity
      4475 Walzem Rd, San Antonio, TX 78218
      View Details
    • Contact for pricing
      25,134 SF

      San Antonio Flex Space - 25,134 SF

      Vacant Flex Space, Ideal for Office or Data Center
      8500 Vicar Dr, San Antonio, TX 78218
      View Details
    • Contact for pricing
      4.22 Acres

      Loop 410 Commercial Land

      4.22 Acres, High-Visibility Location
      2830 Loop 410, San Antonio, TX 78218
      View Details
    • $600,000

      San Antonio Land Opportunity

      Developer opportunity for retail or mixed-use development in San Antonio.
      4130 Aina Ln, San Antonio, TX 78218
      View Details
    • $1,781,321
      3,105 SF

      Pizza Hut Sale Leaseback Opportunity

      Freestanding Pizza Hut with new 15-year lease in San Antonio.
      6380 Rittiman Rd, San Antonio, TX 78218
      View Details
    • Contact for pricing

      Redeveloped Office Space with Parking

      Office space with separate entrance and parking available for sale.
      8047 Midcrown Dr, San Antonio, TX 78218
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      84,500 SF

      San Antonio Industrial Space Available

      84,500 square feet of industrial space for lease.
      5100 Kaepa Ct, San Antonio, TX 78218
      View Details
    • Contact for pricing
      17,460 SF

      Industrial Flex Space Available

      Eight industrial/flex buildings on 5.28 acres for lease.
      4728 Goldfield Dr, San Antonio, TX 78218
      View Details
    • Contact for pricing
      9,388 SF

      Industrial Space with Dock Doors

      9,338 SF industrial space with convenient highway access.
      4651 Greatland Dr, San Antonio, TX 78218
      View Details
    • $12 SF/Yr
      4,864 SF

      I-35 Frontage Warehouse Space

      Warehouse space with I-35 frontage, 24’ clear height.
      4400-4420 N Interstate 35, San Antonio, TX 78218
      View Details
    • Contact for pricing
      27,000 SF

      Industrial Space with Outside Storage

      Lease space with loading docks and outside storage available.
      610 Lanark Dr, San Antonio, TX 78218
      View Details
    • Contact for pricing
      78,750 SF

      Industrial Space with Trailer Storage

      78,750 SF industrial space with ample trailer storage.
      5400-5620 Rittiman Plz, San Antonio, TX 78218
      View Details
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    5823 Rittiman Plz
    San Antonio, TX 78218-5212
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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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