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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Strip malls
6501 Bandera Rd Leon Valley, TX 78238-1434
Individually Owned
3-yr Hold
Free & Clear
Property ID
US82-3308888
Property summary
AI-generated overview
Seneca Plaza, located at 6501 Bandera Rd in Leon Valley, Texas, presents a compelling value-add investment opportunity. This 32,844 square foot shopping center comprises 21 units and sits on a 3.38-acre lot. Built in 1978, the property benefits from a highly visible location at a signalized intersection, boasting impressive frontages of approximately 406 linear feet on Bandera Road and 289 linear feet on Seneca Drive. The center enjoys a strategic position with exceptional visibility and accessibility, experiencing a significant daily traffic volume exceeding 54,000 vehicles. The property is zoned B-2, providing flexibility for a variety of retail uses. Ample parking is available for tenants and customers. This well-located retail center offers significant potential for value enhancement and strong returns for the discerning investor. The property's size, location, and zoning make it an attractive proposition for those seeking a retail investment in the growing Leon Valley market within Bexar County, Texas, zip code 78238.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Total area
32,844 SF
Lot
3.38 ac (147,233 SF)
APN
09925-107-0092
UPID
US82-3308888
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
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$924k
Blend (final)
Blend
$950k
Owner & transaction history
R F Burns · 3 yrs held
R F Burns
since 2023
7 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
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,075,000
Current use
INDUSTRIAL (GENERAL)
$1,520,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$1,435,000
Change: +33% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,405,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$51,516
Tax year 2023
Assessed value
$2,776,020
Assessed 2023
Previous assessed
$2,776,020
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$1,283,870
Assessed improvement
$1,492,150
Land market value
$1,283,870
Improvement market value
$1,492,150
Total market value
$2,776,020
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
1978
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
32,844 SF
Lot
3.38 ac (147,233 SF)
APN
09925-107-0092
UPID
US82-3308888
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
1978
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.38 ac
Current owner
From public records · entity-resolved
R F Burns
Individual
Free & Clear · 3 yrs held
Mailing address
PO BOX 65251, SAN ANTONIO, TX 78265-5251
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
—
R F Burns
R F Burns
Intrafamily Transfer
related
—
Feb 21, 2023
—
R F Burns
Ray Rondel
Warranty Deed
—
Oct 27, 2022
—
Ray Rondel
R F Burns
Warranty Deed
—
Aug 9, 2021
—
R F Burns
Ron Ray
Venders Lien
$632,000 · Ossi Holdings LLC
Jun 11, 2020
—
Micah Ray
Ron Ray LP
Quit Claim Deed
related
—
Mar 15, 2019
—
Ron Ray LP
Ray,rondel & Micah
Quit Claim Deed
related
—
Jan 13, 2017
—
Rondel Ray
E Espino Investments LLC
Warranty Deed
$5,570,000 · International Bk/commerce
Jan 4, 2016
—
E Espino Investments LLC
Elio Espino
Warranty Deed
$1,215,000 · Zions First National Bank
Jun 2, 2006
—
Seneca Plaza Ltd
Wilde,elizabeth T
Warranty Deed
$1,800,000 · Sterling Bank
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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