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    Property profile & analytics

    623 Fredericksburg Rd San Antonio, TX 78201

    • Retail space
    • 7,494 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimations
    $1,460,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4694129
    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

    • Retail space

    Property Details for 623 Fredericksburg Rd

    Year built
    1960
    Lot size
    0.58 lot acres
    Property size
    7,494 SF
    Property type
    Retail space
    APN
    02021-010-0010
    APU
    20210100010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,670,000
      6.5%
      $1,545,000
      7%
      $1,435,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,376,000
      Market price range: $423k - $1.42M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $970,000
      Current use
      COMMERCIAL (GENERAL)
      $1,265,000
      Change: +30% Conversion: Easy
      RESTAURANT
      $1,165,000
      Change: +20% Conversion: Easy
      AUTO REPAIR, GARAGE
      $880,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5113
    Latitude
    29.449
    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
    $28,617
    $415,770
    $732,230
    $1,148,000
    -
    $415,770
    $732,230
    $1,148,000

    Comparable in this City

    • Value Estimation by Request
      4,332 SF

      1406 Hildebrand Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,332 SF
      1406 Hildebrand Ave, San Antonio, TX 78201-4133
      View Details
    • Value Estimation by Request
      3,227 SF

      115 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,227 SF
      115 Michigan Ave, San Antonio, TX 78201-5718
      View Details
    • Value Estimation by Request
      1,036 SF

      1515 Culebra Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,036 SF
      1515 Culebra Rd, San Antonio, TX 78201-5912
      View Details
    • Value Estimation by Request
      3,416 SF

      919 Ww Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,416 SF
      919 Ww Ave, San Antonio, TX 78201-4036
      View Details
    • Value Estimation
      $645,000
      4,923 SF

      810 Ww Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,923 SF
      810 Ww Ave, San Antonio, TX 78201-4009
      View Details
    • Value Estimation
      $1,085,000
      9,614 SF

      102 Babcock Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,614 SF
      102 Babcock Rd, San Antonio, TX 78201-3952
      View Details

    Similar Nearby for Sale

    • $695,000
      4,096 SF

      West Ave Mixed-Use Investment

      San Antonio Retail Property - Owner Financing
      1006 West Ave, San Antonio, TX 78201
      View Details
    • $300,000
      3,422 SF

      San Antonio Retail Opportunity

      Retail property for sale in San Antonio, Texas.
      1802 Cincinnati Ave, San Antonio, TX 78201
      View Details
    • Contact for pricing
      2,049 SF

      Retail Space on Fredericksburg Road

      Retail property with high visibility and recent upgrades for sale.
      2311 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • New
      Contact for pricing
      2,874 SF

      High-Traffic Retail Space Available

      Retail space in a high-traffic, rapidly growing area.
      2414-2426 N Zarzamora St, San Antonio, TX 78201
      View Details
    • New
      Contact for pricing
      2,000 SF

      Retail Space in San Antonio

      2000 SF retail space available for rent.
      1000 Cincinnati Ave, San Antonio, TX 78201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      651 SF

      Retail Space on Babcock Road

      Retail spaces available on Babcock Road, San Antonio.
      1576 Babcock Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space on Fredericksburg Road

      Retail space for rent near Loop 410 and IH 10.
      4437 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      2,956 SF

      Fredericksburg Road Retail Opportunity

      Rare QSR space in high-traffic Balcones Heights retail corridor.
      4519 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      6,270 SF

      Retail Space on Fredericksburg Road

      Retail space available in San Antonio with recent exterior upgrades.
      3655 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      3,290 SF

      Retail Space on Fredericksburg Rd

      Retail space available for lease on Fredericksburg Road.
      4250 Fredericksburg Rd, San Antonio, TX 78201
      View Details
    • Contact for pricing
      4,221 SF

      Babcock Road Retail Spaces Available

      Multiple retail spaces available on Babcock Road, San Antonio.
      1552-1602 Babcock Rd, San Antonio, TX 78201
      View Details
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    623 Fredericksburg Rd
    San Antonio, TX 78201
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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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