Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    615 Vance Jackson Rd San Antonio, TX 78201-3382

    • Garden apartment buildings
    • 8,064 SF
    • 0.97 lot acres
    OFF-MARKET
    Last Sale
    Nov 13, 2020
    Value Estimations
    $895,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3500403
    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

    • Jackson Flats Apartments / Apartment Building

    Property Details for 615 Vance Jackson Rd

    Year built
    1962
    Lot size
    0.97 lot acres
    Property size
    8,064 SF
    Property type
    Garden apartment buildings
    APN
    08410-004-0160
    APU
    84100040160

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $580,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $841,000
      Market price range: $371k - $842k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $600,000
      Current use
      COMMERCIAL (GENERAL)
      $1,360,000
      Change: +126% Conversion: Moderate
      RESTAURANT
      $1,255,000
      Change: +109% Conversion: Difficult
      RETAIL STORES
      $1,045,000
      Change: +74% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $950,000
      Change: +58% Conversion: Difficult
      MEDICAL BUILDING
      $665,000
      Change: +11% Conversion: Moderate
      WAREHOUSE, STORAGE
      $630,000
      Change: +4% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $545,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5353
    Latitude
    29.4783
    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
    $46,117
    $212,810
    $1,637,190
    $1,850,000
    -
    $212,810
    $1,637,190
    $1,850,000

    Comparable in this City

    • Value Estimation
      $2,685,000
      98,574 SF

      1415 Babcock Rd

      GARDEN APT, COURT APT (5+ UNITS) • 98,574 SF
      1415 Babcock Rd, San Antonio, TX 78201-6640
      View Details
    • Value Estimation
      $1,095,000
      9,710 SF

      4300 Fredericksburg Rd

      GARDEN APT, COURT APT (5+ UNITS) • 9,710 SF
      4300 Fredericksburg Rd, Balcones Heights, TX 78201-2029
      View Details
    • Value Estimation
      $1,195,000
      29,344 SF

      1803 Gramercy Pl

      GARDEN APT, COURT APT (5+ UNITS) • 29,344 SF
      1803 Gramercy Pl, San Antonio, TX 78201-4968
      View Details
    • Value Estimation
      $985,000
      9,198 SF

      520 Gentleman Rd

      GARDEN APT, COURT APT (5+ UNITS) • 9,198 SF
      520 Gentleman Rd, San Antonio, TX 78201-1831
      View Details
    • Value Estimation
      $545,000
      5,216 SF

      3518 Grant Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,216 SF
      3518 Grant Ave, San Antonio, TX 78201-3000
      View Details
    • Value Estimation
      $1,215,000
      26,624 SF

      1243 Babcock Rd

      GARDEN APT, COURT APT (5+ UNITS) • 26,624 SF
      1243 Babcock Rd, San Antonio, TX 78201-6604
      View Details

    Similar Nearby for Sale

    • $75,000

      Furnished Condo Near Downtown

      Move-in ready condo with pool view near downtown San Antonio.
      170 De Chantle 609, San Antonio, TX 78201
      View Details
    • $75,000

      Condo Near The Pearl

      Two-bedroom condo with fenced patio, near The Pearl.
      923 Vance Jackson A201, San Antonio, TX 78201
      View Details
    • $645,000
      3,802 SF

      San Antonio Multifamily Investment Opportunity

      Cash-flowing 7-unit multifamily property in a rapidly growing area.
      1110 W Ashby Pl, San Antonio, TX 78201
      View Details
    • $870,000
      6,804 SF

      Monticello Park Multifamily Investment Opportunity

      Value-add multifamily property in a desirable San Antonio location.
      553 Club Dr, San Antonio, TX 78201
      View Details
    • $375,000
      3,104 SF

      San Antonio Multifamily Investment Opportunity

      Six-unit multifamily property in a desirable San Antonio location.
      946 W Lynwood Ave, San Antonio, TX 78201
      View Details
    • $699,000
      7,484 SF

      San Antonio Multifamily Investment Opportunity

      Value-add 8-plex near Woodlawn Lake Park and San Pedro Springs Park.
      1409 W Woodlawn Ave, San Antonio, TX 78201
      View Details

    Similar Nearby for Lease

    • $1,025 /Mo

      San Antonio Duplex For Rent

      Two-bedroom duplex with new flooring and fresh paint available for rent.
      2107 W Olmos Dr, San Antonio, TX 78201
      View Details
    • $1,150 /Mo
      1,941 SF

      San Antonio Cozy 1-Bedroom Unit

      Charming 1-bedroom, 1-bath unit in a vibrant San Antonio neighborhood.
      1618 W Kings Hwy, San Antonio, TX 78201
      View Details
    • Contact for pricing
      2,049 SF

      Prime Fredericksburg Rd Retail Space

      Freestanding Building w/ Drive-Thru, San Antonio
      2319 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • $30 SF/Yr
      27,675 SF

      Medical/Office Space Near I-10

      27,675 SF medical/office space undergoing renovation, completion mid-2025.
      9100 Mcdermott Fwy, San Antonio, TX 78201
      View Details
    • Contact for pricing
      905 SF

      Retail Center on Fredericksburg Road

      Retail space available in high-traffic San Antonio location.
      5152 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      1,200 SF

      Corner Office Space Available

      Office space for rent at a signalized intersection.
      3206 Fredericksburg Rd, San Antonio, TX 78201
      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.
    615 Vance Jackson Rd
    San Antonio, TX 78201-3382
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.