Technical
Financial
Distress signals
Property profile

7704 S Loop 1604 E Elmendorf, TX 78112

FOR SALE
Warehouses
Property ID
US82-3911078
8,100 SF 9.18 ac lot Built 1993
Entity Owned 3-yr Hold Absentee Owner
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Property summary

AI-generated overview

This exceptional 10,000-square-foot office building in Elmendorf, Texas, presents a unique investment or owner-user opportunity. Situated on seven acres with the potential to acquire up to forty acres, this property offers significant expansion possibilities. The two-story building, constructed in 1993, features approximately 8,000 square feet on the first floor and 2,000 square feet on the second. The first floor boasts medical-quality finishes, a legacy from its previous tenant, a therapeutic clinic. The property benefits from 400 linear feet of frontage on Loop 1604, providing excellent visibility and accessibility. Additional access is available via Schultz Road. Located less than six miles from I-37 and 2.5 miles from S US Hwy 181, this property enjoys convenient access to major transportation arteries. The heavy industrial zoning allows for a wide range of uses, from medical to construction-related businesses. The seller is currently addressing HVAC and electrical system upgrades to ensure functionality at closing. The metal roof and exterior brick are in good condition. This property is offered at a substantial discount to replacement cost, and its location within a Qualified Opportunity Zone offers potential tax advantages. The building is currently vacant.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1993
Total area 8,100 SF
Lot 9.18 ac (399,924 SF)
APN 04008-005-0035
UPID US82-3911078

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7704 S Loop 1604 E Elmendorf, TX 78112
Elmendorf metro Census 141800 SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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