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

    8503 Sagebrush Ln San Antonio, TX 78217

    • Garden apartment buildings
    • 1,564 SF
    • 0.72 lot acres
    OFF-MARKET
    Last Sale
    Jun 21, 2024
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3410823
    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

    • Garden apartment buildings

    Property Details for 8503 Sagebrush Ln

    Year built
    1964
    Lot size
    0.72 lot acres
    Property size
    1,564 SF
    Property type
    Garden apartment buildings
    APN
    12517-007-0030
    APU
    125170070030

    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
    -98.4463
    Latitude
    29.5168
    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
    $27,546
    $324,480
    $875,520
    $1,200,000
    -
    $324,480
    $875,520
    $1,200,000

    Comparable in this City

    • Value Estimation
      $1,805,000
      89,280 SF

      2554 Loop 410

      GARDEN APT, COURT APT (5+ UNITS) • 89,280 SF
      2554 Loop 410, San Antonio, TX 78217-3000
      View Details
    • Value Estimation
      $675,000
      9,600 SF

      2167 Loop 410

      GARDEN APT, COURT APT (5+ UNITS) • 9,600 SF
      2167 Loop 410, San Antonio, TX 78217-4657
      View Details
    • Value Estimation
      $1,130,000
      19,620 SF

      9110 Broadway

      GARDEN APT, COURT APT (5+ UNITS) • 19,620 SF
      9110 Broadway, San Antonio, TX 78217-6141
      View Details
    • Value Estimation
      $515,000
      7,768 SF

      10010 Broadway

      GARDEN APT, COURT APT (5+ UNITS) • 7,768 SF
      10010 Broadway, San Antonio, TX 78217-4437
      View Details
    • Value Estimation
      $985,000
      19,104 SF

      3902 Perrin Central Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 19,104 SF
      3902 Perrin Central Blvd, San Antonio, TX 78217-2792
      View Details
    • Value Estimation
      $3,330,000
      40,068 SF

      3800 Perrin Central Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 40,068 SF
      3800 Perrin Central Blvd, San Antonio, TX 78217-2794
      View Details

    Similar Nearby for Sale

    • $2,100,000

      Oak Grove Townhomes Investment Opportunity

      20-unit apartment complex near Lady Bird Johnson Park.
      10530 Starcrest Dr, San Antonio, TX 78217
      View Details
    • $85,000

      Cozy Condo with Pool Access

      2-bedroom, 2-bathroom condo with private entrance and community pool.
      3243 Nacogdoches Rd, San Antonio, TX 78217
      View Details
    • $142,500

      Condo with Two Master Suites

      Two-bedroom condo with updated flooring and private patio.
      8715 Starcrest Dr, San Antonio, TX 78217
      View Details
    • $145,000

      Spacious Condo with Updated Flooring

      Two-bedroom condo with balcony, fireplace, and updated flooring.
      8715 Starcrest 48, San Antonio, TX 78217
      View Details
    • $135,000

      Updated Condo in Gated Community

      Updated one-bedroom loft-style condo in a secure, gated community.
      10527 Perrin Beitel A212, San Antonio, TX 78217
      View Details
    • $142,000

      Move-In Ready Townhome with Amenities

      Two-bedroom townhome with updated kitchen, community pool, and tennis court.
      3843 Barrington St, San Antonio, TX 78217
      View Details

    Similar Nearby for Lease

    • $1,195 /Mo
      810 SF

      San Antonio Duplex with Garage

      Two-bedroom duplex with garage, fenced yard, and washer/dryer connections.
      5011 Sommerdale, San Antonio, TX 78217
      View Details
    • $1,195 /Mo

      San Antonio Duplex For Rent

      Two-bedroom, two-bathroom duplex with garage and fenced yard.
      14417 Edgemont St, San Antonio, TX 78217
      View Details
    • $1,250 /Mo

      San Antonio Duplex For Rent

      Two-bedroom, two-bath duplex with washer/dryer connections, small pets allowed.
      14401 Watermill, San Antonio, TX 78217
      View Details
    • Contact for pricing
      4,500 SF

      North Central Warehouse Space Available

      Warehouse space with dock and grade level loading.
      10530 Sentinel St, San Antonio, TX 78217
      View Details
    • Contact for pricing
      1,549 SF

      Retail Center at Bulverde Intersection

      Neighborhood retail center serving residential and daytime populations.
      4228-4254 Thousand Oaks Dr, San Antonio, TX 78217
      View Details
    • $9 SF/Yr
      3,250 SF

      High-Traffic Retail Space Available

      Retail spaces available in high-traffic area near Wurzbach Parkway.
      11401-11457 Perrin Beitel Rd, San Antonio, TX 78217
      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.
    8503 Sagebrush Ln
    San Antonio, TX 78217
    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.