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

    9023 Retama Pkwy Schertz, TX 78154

    • Warehouses
    • 180,322 SF
    • 176.13 lot acres
    OFF-MARKET
    Value Estimations
    $10,080,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4771698
    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

    • Warehouses

    Property Details for 9023 Retama Pkwy

    Year built
    1994
    Lot size
    176.13 lot acres
    Property size
    180,322 SF
    Property type
    Warehouses
    APN
    05046-951-0010
    APU
    50469510010

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $9,921,000
      Market price range: $1.44M - $9.92M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $15,795,000
      MEDICAL BUILDING
      $15,150,000
      AUTO REPAIR, GARAGE
      $13,470,000
      NEIGHBORHOOD: SHOPPING CENTER
      $11,045,000
      APARTMENT HOUSE (5+ UNITS)
      $9,450,000
      RETAIL STORES
      $7,760,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Schertz
    County
    Bexar
    State
    Texas
    Longitude
    -98.3161
    Latitude
    29.5865
    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
    $0.00
    $25,888,210
    $49,247,870
    $75,136,080
    -
    $25,888,210
    $49,247,870
    $75,136,080

    Comparable in this City

    • Value Estimation by Request
      1,938 SF

      7637 Fm 3009

      Flex space • 1,938 SF
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Value Estimation by Request
      3,500 SF

      7637 Fm 3009

      Office Units • 3,500 SF
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Value Estimation
      $5,020,000
      373,945 SF

      6511 Tri County Pkwy

      WAREHOUSE, STORAGE • 373,945 SF
      6511 Tri County Pkwy, Schertz, TX 78154-3219
      View Details
    • Value Estimation
      $780,000
      31,400 SF

      15125 Interstate 35th N

      WAREHOUSE, STORAGE • 31,400 SF
      15125 Interstate 35th N, Selma, TX 78154-3313
      View Details
    • Value Estimation
      $3,845,000
      336,256 SF

      17745 Lookout Rd

      WAREHOUSE, STORAGE • 336,256 SF
      17745 Lookout Rd, Selma, TX 78154-2187
      View Details
    • Value Estimation
      $1,575,000
      65,934 SF

      17984 Red Iron

      WAREHOUSE, STORAGE • 65,934 SF
      17984 Red Iron, Schertz, TX 78154-3212
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,500 SF

      Schertz Flex Warehouse Condominium

      3500 SF office, flex, warehouse condo near IH 35.
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Contact for pricing

      Schertz Distribution Center Opportunity

      Class A distribution center in Schertz, Texas near I-10.
      I-10 E & Loop, Schertz, TX 78154
      View Details
    • Contact for pricing
      1,005,104 SF

      Schertz Distribution Center Opportunity

      Class A distribution building near I-10 and I-35.
      4703 Scenic Lake Dr, Schertz, TX 78154
      View Details
    • Contact for pricing
      8,000 SF

      Schertz Land with Improvements

      9 acres with buildings near Randolph Airforce Base.
      12470 Woman Hollering Rd, Schertz, TX 78154
      View Details
    • $1,649,000

      Immaculate Flex Space in Schertz

      Well-maintained flex space in Schertz industrial area with upgrades.
      108 Commercial Pl, Schertz, TX 78154
      View Details
    • Contact for pricing
      16,000 SF

      Schertz Truck Terminal For Sale

      Truck terminal / IOS facility near I-35 and I-10 E.
      15116 Fm 1518, Schertz, TX 78154
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,005,104 SF

      Core5 Logistics Center: I-10, Schertz

      Class A industrial space; 150,000 - 536,824 SF available.
      4703 Scenic Lake Dr, Schertz, TX 78154
      View Details
    • Contact for pricing
      32,000 SF

      Schertz Warehouse and Distribution Space

      32,000 SF warehouse with office space for lease.
      5500 Mid Cities Pkwy, Schertz, TX 78154
      View Details
    • Contact for pricing
      149,967 SF

      Schertz Warehouse Space Available

      149,967 SF warehouse space for rent in Schertz, Texas.
      I-35 & Schwab Rd, Schertz, TX 78154
      View Details
    • $18 SF/Yr
      10,000 SF

      Schertz Flex Warehouse Space

      Modern 3,500 SF Flex Space Available
      7637 Fm 3009, Schertz, TX 78154
      View Details
    • Contact for pricing
      47,144 SF

      Schertz Warehouse Space Available

      49,933 SF warehouse space for lease in Schertz, Texas.
      17745 Lookout Rd, Schertz, TX 78154
      View Details
    • Contact for pricing
      92,000 SF

      Schertz Warehouse with Office Space

      92,000 SF warehouse with office and ample parking.
      17414 Triton Dr, Schertz, TX 78154
      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.
    9023 Retama Pkwy
    Schertz, TX 78154
    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!