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    Property profile & analytics

    8005 Broadway St San Antonio, TX 78209

    • Strip malls
    • 4,172 SF
    • 0.31 lot acres
    For Lease
    View listing
    $28 SF/Yr
    Last Sale
    Nov 27, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1771161
    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 8005 Broadway St

    Year built
    1976
    Lot size
    0.31 lot acres
    Property size
    4,172 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    11887-000-0820
    APU
    118870000820

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4665
    Latitude
    29.5075
    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
    $27,019
    $812,970
    $441,890
    $1,254,860
    -
    $812,970
    $441,890
    $1,254,860

    Comparable in this City

    • Value Estimation
      $680,000
      12,000 SF

      5300 Broadway

      SHOPPING CENTER, STRIP CENTER • 12,000 SF
      5300 Broadway, Alamo Heights, TX 78209
      View Details
    • Value Estimation by Request
      2,477 SF

      4061 Broadway

      SHOPPING CENTER, STRIP CENTER • 2,477 SF
      4061 Broadway, San Antonio, TX 78209-6313
      View Details
    • Value Estimation
      $715,000
      10,786 SF

      555 Basse Rd

      SHOPPING CENTER, STRIP CENTER • 10,786 SF
      555 Basse Rd, San Antonio, TX 78209-8353
      View Details
    • Value Estimation
      $570,000
      11,465 SF

      1464 Austin Hwy

      SHOPPING CENTER, STRIP CENTER • 11,465 SF
      1464 Austin Hwy, San Antonio, TX 78209-4453
      View Details
    • Value Estimation by Request
      7,196 SF

      1008 Loop 410

      SHOPPING CENTER, STRIP CENTER • 7,196 SF
      1008 Loop 410, San Antonio, TX 78209-1201
      View Details
    • Value Estimation by Request
      5,156 SF

      2111 Harry Wurzbach Rd

      SHOPPING CENTER, STRIP CENTER • 5,156 SF
      2111 Harry Wurzbach Rd, Terrell Hills, TX 78209-6028
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,543 SF

      Retail Space on Loop 410

      Retail property with high visibility and traffic in San Antonio.
      1446 Loop 410 SW, San Antonio, TX 78209
      View Details
    • Contact for pricing
      7,222 SF

      San Antonio Retail Storefront

      7,222 SF Retail Space - Prime Location
      3700 Broadway St, San Antonio, TX 78209
      View Details
    • Contact for pricing
      4,462 SF

      Retail or Office Building

      Single-tenant building with high visibility and accessibility on Broadway.
      3703 Broadway St, San Antonio, TX 78209
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Austin Highway

      Retail opportunity in NE San Antonio with high visibility.
      1432 Austin Hwy, San Antonio, TX 78209
      View Details
    • Contact for pricing
      875 SF

      Retail Space on Broadway Street

      Retail space in high-traffic shopping center with ample parking.
      5200-5228 Broadway St, Alamo Heights, TX 78209
      View Details
    • $19 SF/Yr
      18,248 SF

      Terrell Heights Retail Center

      San Antonio Retail Space Available
      1455 Austin Hwy, San Antonio, TX 78209
      View Details
    • $13 SF/Yr
      3,590 SF

      Alamo Heights Retail Center

      Prime Alamo Heights location, 3,590 sq ft.
      5300 Broadway St, Alamo Heights, TX 78209
      View Details
    • Contact for pricing
      2,425 SF

      Sunset Ridge Retail Space Available

      Alamo Heights Shopping Center: 2,425 sq ft.
      6300 New Braunfels Ave, Alamo Heights, TX 78209
      View Details
    • Contact for pricing

      Premier San Antonio Retail Center

      Upscale retail spaces available in a prime shopping destination.
      281 At Basse Rd, San Antonio, TX 78209
      View Details
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    8005 Broadway St
    San Antonio, TX 78209
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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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