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

    6923 San Pedro Ave San Antonio, TX 78216-6206

    • Motels
    • 21,420 SF
    • 2.48 lot acres
    OFF-MARKET
    Value Estimations
    $500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4608739
    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

    • InTown Suites Extended Stay San Antonio TX - Airport / Hotel & Motel / Vacation Rental

    Property Details for 6923 San Pedro Ave

    Year built
    1997
    Lot size
    2.48 lot acres
    Property size
    21,420 SF
    Property type
    Motels
    APN
    11695-000-0120
    APU
    116950000120

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $625,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $374,000
      Market price range: $190k - $374k

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5004
    Latitude
    29.5055
    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
    $127,399
    $2,028,760
    $3,521,240
    $5,550,000
    -
    $2,028,760
    $3,521,240
    $5,550,000

    Comparable in this City

    • Value Estimation by Request
      4,702 SF

      6816 San Pedro Ave

      MOTEL • 4,702 SF
      6816 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Value Estimation by Request
      679 SF

      6231 San Pedro Ave

      MOTEL • 679 SF
      6231 San Pedro Ave, San Antonio, TX 78216-7207
      View Details
    • Value Estimation by Request

      88 Interstate 410 Loop

      Hotels
      88 Interstate 410 Loop, San Antonio, TX 78216
      View Details
    • Value Estimation
      $1,130,000
      85,950 SF

      91 Loop 410

      HOTEL • 85,950 SF
      91 Loop 410, San Antonio, TX 78216-5823
      View Details
    • Value Estimation
      $900,000
      67,568 SF

      514 Loop 410

      HOTEL • 67,568 SF
      514 Loop 410, San Antonio, TX 78216-6050
      View Details
    • Value Estimation
      $875,000
      53,227 SF

      37 Loop 410

      HOTEL • 53,227 SF
      37 Loop 410, San Antonio, TX 78216-5822
      View Details

    Similar Nearby for Sale

    • $160,000
      1,048 SF

      San Antonio Condo with Gated Pool

      Centrally located condo with gated pool, convenient to highways.
      105 Silver Sands Dr, San Antonio, TX 78216
      View Details
    • Contact for pricing
      8,250 SF

      Isom Road Medical Office Building

      8,250 SF Medical Office for Sale in San Antonio, TX
      622 Isom Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing
      15,189 SF

      San Antonio Retail Investment Opportunity

      Single tenant net lease with corporate guarantee and strong operator.
      22811 Us Highway 281 S, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Northstar San Antonio Specialty Property

      Specialty property available for sale in San Antonio, Texas.
      711 Northstar Dr, San Antonio, TX 78216
      View Details
    • $279,500
      1,968 SF

      Well-Maintained Duplex Investment Property

      Duplex in Ridgeview area, near US-281/IH-37 & Loop 410.
      358 Waxwood Ln, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Retail Property for Sale

      Retail property available for purchase in San Antonio, Texas.
      226 W Rector St, San Antonio, TX 78216
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,966 SF

      San Pedro Retail Space Available

      Retail space with exceptional access in a high-traffic location.
      7142 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      820 SF

      Freestanding Retail Center on San Pedro

      High-visibility retail center with frontage on San Pedro Avenue.
      10023-10029 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      7,789 SF

      Three-Story Office Building For Rent

      Move-in ready office suites with quality finishes and covered parking.
      100 Sandau Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing
      3,250 SF

      San Antonio Retail Space Available

      Retail space for lease in a busy San Antonio center.
      6829-6841 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      8,250 SF

      San Antonio Medical Office Building

      8,250 SF Single-Tenant Medical Office
      622 Isom Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Modern Apartment with Covered Parking

      Inviting apartment near Castle Hills with modern amenities and parking.
      103 W Silver Sands Dr, San Antonio, TX 78216
      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.
    6923 San Pedro Ave
    San Antonio, TX 78216-6206
    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.