Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Strip malls
6400 Bandera Rd Leon Valley, TX 78238
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3332542
Property summary
AI-generated overview
This exceptional retail center, located at 6400 Bandera Road in San Antonio, Texas, presents a unique investment opportunity. Situated in the heart of Leon Valley's busiest thoroughfare, experiencing a remarkable 54,000 vehicles per day, this property offers unparalleled visibility and accessibility. The single-story building encompasses 32,882 square feet and is divided into five suites, providing flexibility for various business needs. Available spaces range from 845 to 17,640 square feet, catering to a diverse range of tenants. The property's B-2 zoning allows for a wide array of retail uses. Its convenient location near Highway 410 ensures easy access for customers and employees alike. This prime location in Bexar County, with its high volume of daily traffic, presents a compelling opportunity for businesses seeking significant exposure and growth potential within a thriving commercial area. The property's address is 6400 Bandera Rd, San Antonio, TX 78238. This is a rare chance to secure a well-positioned retail space in a high-demand area.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1983
Total area
32,882 SF
Lot
2.5 ac (108,900 SF)
APN
04429-102-0410
UPID
US82-3332542
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
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$925k
Blend (final)
Blend
$940k
Owner & transaction history
6400 Bandera LP · 1 yrs held
6400 Bandera LP
since 2024
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.5M
+41.4%
Retail stores
$1.4M
+33.4%
Apartment house (5+ units)
$1.4M
+30.4%
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
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,080,000
Current use
INDUSTRIAL (GENERAL)
$1,525,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$1,440,000
Change: +33% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,405,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$29 / 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
$43,081
Tax year 2023
Assessed value
$1,913,640
Assessed 2024
Previous assessed
$1,913,640
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$1,253,440
Assessed improvement
$660,200
Land market value
$1,253,440
Improvement market value
$660,200
Total market value
$1,913,640
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
1983
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
32,882 SF
Lot
2.5 ac (108,900 SF)
APN
04429-102-0410
UPID
US82-3332542
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
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1983
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
6400 Bandera LP
Entity
Mailing address
5301 SWSW PKWY BLDG 1-400, AUSTIN, TX 78735-8986
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2024
—
6400 Bandera LP
Stein Real Hptp Family LP
Special Warranty Deed
—
Jul 27, 2015
—
Stein Real Hptp Family LP
6400 Bandera LLC
Grant Deed
$1,600,000 · G & Pops Ltd
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?”
You own 6400 Bandera Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
