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

    9002 Western Vw Helotes, TX 78023-4166

    • Office Properties & Spaces
    • 4,941 SF
    • 1.25 lot acres
    OFF-MARKET
    Last Sale
    Apr 26, 2021
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-4192643
    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

    • Office Properties & Spaces

    Property Details for 9002 Western Vw

    Year built
    2004
    Lot size
    1.25 lot acres
    Property size
    4,941 SF
    Property type
    Office Properties & Spaces
    APN
    17615-001-0120
    APU
    176150010120

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $415,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $815,000
      6.5%
      $755,000
      7%
      $700,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $598,000
      Market price range: $343k - $1.19M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $735,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $725,000
      Change: -1% Conversion: Difficult
      RETAIL STORES
      $690,000
      Change: -6% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Helotes
    County
    Bexar
    State
    Texas
    Longitude
    -98.662
    Latitude
    29.5629
    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
    $23,426
    $87,420
    $932,580
    $1,020,000
    -
    $87,420
    $932,580
    $1,020,000

    Comparable in this City

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      1.40 Acres

      Silver Spgs At Arrowhead Pt

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      Silver Spgs At Arrowhead Pt, Helotes, TX 78023
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    • Value Estimation
      $5,245,000
      62,166 SF

      11850 Bandera Rd

      OFFICE (GENERAL) • 62,166 SF
      11850 Bandera Rd, Helotes, TX 78023
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    • Value Estimation by Request
      2,694 SF

      11602 Rainbow Rdg

      OFFICE (GENERAL) • 2,694 SF
      11602 Rainbow Rdg, Helotes, TX 78023-4405
      View Details
    • Value Estimation
      $2,585,000
      18,528 SF

      15248 Scenic Loop Rd

      OFFICE (GENERAL) • 18,528 SF
      15248 Scenic Loop Rd, Helotes, TX 78023-3861
      View Details
    • Value Estimation
      $550,000
      4,000 SF

      13311 Western Oak Dr

      OFFICE (GENERAL) • 4,000 SF
      13311 Western Oak Dr, Helotes, TX 78023-4109
      View Details
    • Value Estimation by Request
      3,264 SF

      13331 Western Oak Dr

      OFFICE (GENERAL) • 3,264 SF
      13331 Western Oak Dr, Helotes, TX 78023-4344
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.27 Acres

      Helotes, TX Commercial Land

      Prime Development Site, High Traffic Area
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      View Details
    • $321,440

      New Luxury Condominium Development

      New luxury condominiums with pre-construction pricing in Northwest San Antonio.
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      Residential Land in Valentine Ranch

      1.1 acre lot in Texas Hill Country community.
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    • $230,000
      1.10 Acres

      Residential Land in Gated Community

      Two adjoining lots totaling 1.1 acres in San Antonio, TX.
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    • Contact for pricing

      Land on Bandera Highway

      Land with direct access to Bandera Highway near Loop 1604.
      12530 Bandera Rd, Helotes, TX 78023
      View Details
    • $515,000

      Scenic Loop Specialty Property

      Specialty property for sale on Scenic Loop.
      19517 Scenic Loop Rd, Helotes, TX 78023
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    Similar Nearby for Lease

    • Contact for pricing
      21,583 SF

      Helotes Retail Office Space for Lease

      Modern Executive Suites, 250-7071 sq ft
      14108 Bandera Rd, Helotes, TX 78023
      View Details
    • Contact for pricing
      43,164 SF

      Bandera Heights Retail Center

      Helotes, TX Shopping Center - 43,164 SF
      16 And Scenic Loop, Helotes, TX 78023
      View Details
    • Contact for pricing
      4,020 SF

      Retail Space in Helotes, TX

      4,020 SF retail space available for lease.
      12415 Bandera Rd, Helotes, TX 78023
      View Details
    • Contact for pricing
      2,332 SF

      Restaurant Space Near Major Retail

      Second-generation restaurant space near Walmart and Sandra Day O’Connor High School.
      12474 Bandera Rd, Helotes, TX 78023
      View Details
    • Contact for pricing
      64,000 SF

      Silverado Station Shopping Center

      Thriving Bexar County Retail Center
      11851 Bandera Rd, Helotes, TX 78023
      View Details
    • Contact for pricing
      43,164 SF

      Helotes Retail Space For Lease

      Retail space available in Helotes, Texas, in a high-growth area.
      15030 Bandera Rd, Helotes, TX 78023
      View Details
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    9002 Western Vw
    Helotes, TX 78023-4166
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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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