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

    6904 Bandera Rd Leon Valley, TX 78238-2100

    • Strip malls
    • 10,000 SF
    • 0.89 lot acres
    OFF-MARKET
    Last Sale
    Nov 27, 2024
    Value Estimations
    $360,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3869956
    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

    • Strip malls

    Property Details for 6904 Bandera Rd

    Year built
    1980
    Lot size
    0.89 lot acres
    Property size
    10,000 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    04432-101-0010
    APU
    44321010010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $435,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $281,000
      Market price range: $281k - $512k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $330,000
      Current use
      OFFICE BUILDING
      $665,000
      Change: +102% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $645,000
      Change: +97% Conversion: Easy
      AUTO REPAIR, GARAGE
      $580,000
      Change: +77% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $445,000
      Change: +36% Conversion: Difficult
      RETAIL STORES
      $435,000
      Change: +33% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Leon Valley
    County
    Bexar
    State
    Texas
    Longitude
    -98.6232
    Latitude
    29.4979
    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
    $17,807
    $424,480
    $370,520
    $795,000
    -
    $424,480
    $370,520
    $795,000

    Comparable in this City

    • Value Estimation
      $975,000
      33,921 SF

      5700 Wurzbach Rd

      SHOPPING CENTER, STRIP CENTER • 33,921 SF
      5700 Wurzbach Rd, Leon Valley, TX 78238
      View Details
    • Value Estimation
      $1,010,000
      34,188 SF

      5309 Wurzbach Rd

      SHOPPING CENTER, STRIP CENTER • 34,188 SF
      5309 Wurzbach Rd, Leon Valley, TX 78238-2431
      View Details
    • Value Estimation
      $845,000
      29,184 SF

      6883 Bandera Rd

      SHOPPING CENTER, STRIP CENTER • 29,184 SF
      6883 Bandera Rd, San Antonio, TX 78238-1359
      View Details
    • Value Estimation
      $985,000
      144,859 SF

      5819 Loop 410

      SHOPPING CENTER, STRIP CENTER • 144,859 SF
      5819 Loop 410, Leon Valley, TX 78238-2520
      View Details
    • Value Estimation
      $435,000
      13,258 SF

      3505 Wurzbach Rd

      SHOPPING CENTER, STRIP CENTER • 13,258 SF
      3505 Wurzbach Rd, San Antonio, TX 78238-4045
      View Details
    • Value Estimation
      $925,000
      37,920 SF

      7530 Bandera Rd

      SHOPPING CENTER, STRIP CENTER • 37,920 SF
      7530 Bandera Rd, San Antonio, TX 78238-1267
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      80,640 SF

      Ingram Park Mall Retail Space

      80,640 SF department store space in Ingram Park Mall.
      6301 Loop 410 NW, San Antonio, TX 78238
      View Details
    • $3,595,000
      32,300 SF

      San Antonio Redevelopment Opportunity

      Retail property with redevelopment potential in a high-traffic location.
      6501-6565 Bandera Rd, San Antonio, TX 78238
      View Details
    • $1,783,775
      2,668 SF

      Restaurant/Retail Opportunity on Bandera Rd

      High-traffic location with existing infrastructure for immediate operation.
      7249 Bandera Rd, San Antonio, TX 78238
      View Details
    • $975,000

      Auto Service Facility For Sale

      Turnkey auto service facility with 9 bays near Loop 410.
      4727 Timco, Leon Valley, TX 78238
      View Details
    • $2,500,000
      8,960 SF

      Used Car Dealership For Sale

      Used car dealership with service center and excellent visibility.
      6226 Bandera Rd, San Antonio, TX 78238
      View Details
    • $2,904,000
      10,000 SF

      Retail Property with Corporate Lease

      Retail property with a corporate-guaranteed lease and extension options.
      5805 Loop 410 NW, San Antonio, TX 78238
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Retail and Office Space Available

      Mixed-use retail and office space in northwest San Antonio.
      6802-6820 Huebner Rd, San Antonio, TX 78238
      View Details
    • Contact for pricing
      2,531 SF

      Retail Space on Loop 410

      Shopping center with high visibility and access on Loop 410.
      5755 Loop 410 NW, San Antonio, TX 78238
      View Details
    • Contact for pricing
      1,125 SF

      Retail Space on Loop 410

      Shopping center space for lease with high visibility.
      5706 Loop 410 NW, San Antonio, TX 78238
      View Details
    • $15 SF/Yr
      27,410 SF

      Bandera Crossing Retail Center

      Prime Leon Valley Retail Space Available
      6430 Bandera Rd, San Antonio, TX 78238
      View Details
    • Contact for pricing
      17,269 SF

      Ingram Heights Retail Center

      San Antonio Shopping Center: 1,750 SF Available
      5841 Loop St 410, San Antonio, TX 78238
      View Details
    • $14 SF/Yr
      2,356 SF

      Retail Space in High-Traffic Area

      Retail space in established San Antonio location with high visibility.
      5720 Bandera Rd, Leon Valley, TX 78238
      View Details
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    Leon Valley, TX 78238-2100
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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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