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Property profile & analytics
OFF-MARKET
Estimated value
$6,310,000
Distribution centers
6950 Alamo Downs Pkwy San Antonio, TX 78238-4501
Entity Owned
21-yr Hold
Free & Clear
Property ID
US83-3794409
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2001
Total area
118,400 SF
Lot
6.28 ac (273,687 SF)
APN
16115-004-0190
UPID
US83-3794409
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
Current use
Occupant on record · Public records
-
Global Southwest (San Antonio) Furniture & Home Goods
-
MORSCO HVAC Supply Hardware & Home Improvement Home Appliance Store
-
Cvs Caremark Pharmacy
-
Imlach & Collins Bros Moving Company
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$6.31M
Owner & transaction history
Eastgroup Properties · 21 yrs held
Eastgroup Properties
since 2004
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.8M
+101.3%
Office building
$7.9M
+61.4%
Commercial (general)
$7.6M
+56.9%
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 San Antonio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Antonio 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,865,000
Current use
MEDICAL BUILDING
$9,790,000
Change: +101% · Conversion: Difficult
OFFICE BUILDING
$7,855,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,635,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,880,000
Change: +41% · Conversion: Easy
INDUSTRIAL (GENERAL)
$5,290,000
Change: +9% · Conversion: Easy
RETAIL STORES
$5,175,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$6.31M
Range $5.68M – $6.94M · ±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
$53 / 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
$247,467
Tax year 2023
Assessed value
$11,700,000
Assessed 2024
Previous assessed
$11,700,000
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$1,505,280
Assessed improvement
$10,194,720
Land market value
$1,505,280
Improvement market value
$10,194,720
Total market value
$11,700,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2001
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
118,400 SF
Lot
6.28 ac (273,687 SF)
APN
16115-004-0190
UPID
US83-3794409
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
WAREHOUSE, STORAGE Current
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$9.8M
OFFICE BUILDING
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$6.9M
INDUSTRIAL (GENERAL)
Est. value
$5.3M
RETAIL STORES
Est. value
$5.2M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2001
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
6.28 ac
Current owner
From public records · entity-resolved
Eastgroup Properties
Entity
Free & Clear · 21 yrs held
Mailing address
PO BOX 23636, JACKSON, MS 39225-3636
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2004
—
Eastgroup Properties
Kwa Ad Of Cpe I
Grant Deed
related
—
Aug 22, 2001
—
Ad Cpe I LP Kwa
Kwa Alamo Downs II LP
Quit Claim Deed
related
$3,586,000 · Washington Mutual Fsb
Mar 19, 2001
—
Alamo Downs Kwa II
San Antonio Industrial Realty
Grant Deed
related
—
—
—
Alamo Downs Kwa II
—
Deed Of Trust
related
$3,041,000 · Heller Financial
—
—
Alamo Downs Kwa II
—
Deed Of Trust
related
$3,041,000 · Heller Financial
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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