Add Listing
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

    900 Main Ave San Antonio, TX 78212-4729

    • Office properties & Spaces
    • 2,440 SF
    • 1.71 lot acres
    OFF-MARKET
    Last Sale
    May 20, 2024
    Value Estimations
    $515,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4774641
    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

    • SureStay Hotel By Best Western San Antonio Riverwalk / Hotel & Motel
    • Universal EV Charging Station / Electric Vehicle Charging Station
    • LibertyX Bitcoin ATM / Atm

    Property Details for 900 Main Ave

    Year built
    1965
    Lot size
    1.71 lot acres
    Property size
    2,440 SF
    Property type
    Office properties & Spaces
    APN
    00793-003-0060
    APU
    7930030060

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $520,000
      6.5%
      $480,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $550,000
      Market price range: $175k - $551k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $350,000
      Current use
      RETAIL STORES
      $325,000
      Change: -7% Conversion: Easy
      AUTO REPAIR, GARAGE
      $315,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4935
    Latitude
    29.4369
    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
    $108,666
    $3,836,100
    $523,100
    $4,359,200
    -
    $3,836,100
    $523,100
    $4,359,200

    Comparable in this City

    • Value Estimation
      $2,560,000
      13,024 SF

      5005 Mccullough Ave

      OFFICE (GENERAL) • 13,024 SF
      5005 Mccullough Ave, San Antonio, TX 78212
      View Details
    • Value Estimation
      $3,995,000
      21,766 SF

      1111 Main Ave

      OFFICE (GENERAL) • 21,766 SF
      1111 Main Ave, San Antonio, TX 78212-4713
      View Details
    • Value Estimation
      $1,975,000
      10,386 SF

      2002 Saint Marys St

      OFFICE (GENERAL) • 10,386 SF
      2002 Saint Marys St, San Antonio, TX 78212-4149
      View Details
    • Value Estimation
      $5,775,000
      50,647 SF

      1021 San Pedro Ave

      OFFICE (GENERAL) • 50,647 SF
      1021 San Pedro Ave, San Antonio, TX 78212-5439
      View Details
    • Value Estimation by Request
      192 SF

      5410 San Pedro Ave

      OFFICE (GENERAL) • 192 SF
      5410 San Pedro Ave, San Antonio, TX 78212-1220
      View Details
    • Value Estimation
      $1,215,000
      6,984 SF

      509 San Pedro Ave

      OFFICE (GENERAL) • 6,984 SF
      509 San Pedro Ave, San Antonio, TX 78212-5076
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,171 SF

      Historic San Antonio Property Opportunity

      Iconic property ready for boutique destination, culinary revival, or business.
      1919 San Pedro Ave, San Antonio, TX 78212
      View Details
    • $1,800,000
      4,201 SF

      Colonial Style Office Building

      Two-story office building with a large parking lot.
      1800 Mccullough Ave, San Antonio, TX 78212
      View Details
    • $1,650,000
      6,580 SF

      Renovated Office Space with Parking

      Renovated office space featuring parking, kitchen, and event space.
      225 E Locust St, San Antonio, TX 78212
      View Details
    • Contact for pricing

      Downtown Building For Professional Services

      Three-story building in prime downtown location with high visibility.
      1818 San Pedro Ave, San Antonio, TX 78212
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,784 SF

      Prime San Antonio Retail Space

      1,784 SF Retail/Office, High Visibility
      1406 Flores St, San Antonio, TX 78212
      View Details
    • $41 SF/Yr
      6,957 SF

      Office Space in McCombs Plaza

      Office space available for sublease in San Antonio, Texas.
      755 E Mulberry Ave, San Antonio, TX 78212
      View Details
    • $18 SF/Yr
      8,427 SF

      Prime San Antonio Executive Office Space

      8,427 SF Available, Excellent Location
      1700 Main Ave, San Antonio, TX 78212
      View Details
    • Contact for pricing
      4,124 SF

      Midtown Station: San Antonio Office Space

      Prime Medical/Commercial Space in San Antonio
      914 Elmira St, San Antonio, TX 78212
      View Details
    • Contact for pricing
      1,323 SF

      Office Building Near Brackenridge Park

      Office building near Hwy 281, close to amenities and recreation.
      3510 N Saint Marys St, San Antonio, TX 78212
      View Details
    • Contact for pricing
      2,580 SF

      Office Space on Olmos Drive

      Office space available for lease, totaling 2,580 square feet.
      247 W Olmos Dr, San Antonio, TX 78212
      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.
    900 Main Ave
    San Antonio, TX 78212-4729
    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.
    Sign Up Successful!
    You now have access to more from Realmo!