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

    906 Oblate Dr San Antonio, TX 78216-7332

    • Retail space
    • 6,425 SF
    • 0.57 lot acres
    OFF-MARKET
    Last Sale
    Apr 01, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2210187
    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

    • Pampr'd Pawz / Pet Groomer / Dog Day Care Center

    Property Details for 906 Oblate Dr

    Year built
    1959
    Lot size
    0.57 lot acres
    Property size
    6,425 SF
    Property type
    Retail space
    APN
    10064-017-0100
    APU
    100640170100

    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
    -98.493
    Latitude
    29.504
    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
    $16,321
    $138,250
    $572,750
    $711,000
    -
    $138,250
    $572,750
    $711,000

    Comparable in this City

    • Value Estimation
      $570,000
      8,424 SF

      11900 Blanco Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,424 SF
      11900 Blanco Rd, San Antonio, TX 78216-2408
      View Details
    • Value Estimation by Request
      758 SF

      8542 Blanco Rd

      RETAIL STORES (PERSONAL SERVICES) • 758 SF
      8542 Blanco Rd, San Antonio, TX 78216-3039
      View Details
    • Value Estimation
      $740,000
      12,483 SF

      327 Loop 410

      RETAIL STORES (PERSONAL SERVICES) • 12,483 SF
      327 Loop 410, San Antonio, TX 78216-5303
      View Details
    • Value Estimation by Request
      8,521 SF

      11827 San Pedro Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,521 SF
      11827 San Pedro Ave, San Antonio, TX 78216-3208
      View Details
    • Value Estimation by Request
      4,000 SF

      6830 San Pedro Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      6830 San Pedro Ave, San Antonio, TX 78216-7201
      View Details
    • Value Estimation by Request
      8,138 SF

      8311 Mccullough Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,138 SF
      8311 Mccullough Ave, San Antonio, TX 78216-6462
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space on San Pedro

      1800 SF retail space on busy San Pedro Avenue.
      6646 San Pedro Ave, San Antonio, TX 78216
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      9,960 SF

      San Antonio Retail/Warehouse Flex Space

      9,960 SF retail/warehouse flex space near San Antonio Airport.
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      Corner Lot Flex Building

      Corner lot building with office/retail and warehouse space.
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      15,189 SF

      San Antonio Retail Investment Opportunity

      Single tenant net lease with corporate guarantee and strong operator.
      22811 Us Highway 281 S, San Antonio, TX 78216
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    • $1,703,000

      Retail Property for Sale

      Retail property available for purchase in San Antonio, Texas.
      226 W Rector St, San Antonio, TX 78216
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    • $395,000
      0.61 Acres

      Prime San Antonio Commercial Land

      0.61 Acres, Zoned CD, $395,000
      159 El Mio Dr, San Antonio, TX 78216
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    Similar Nearby for Lease

    • Contact for pricing
      8,400 SF

      Retail Space Near San Antonio Airport

      Move-in ready retail spaces available near Highway 281.
      15026-15068 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      5,400 SF

      Retail Space on San Pedro

      Second generation retail space with loading dock and high visibility.
      7067 San Pedro Ave, San Antonio, TX 78216
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    • $18 SF/Yr
      1,200 SF

      San Antonio Retail Space Available

      Retail space available for lease in San Antonio, Texas.
      15701-15759 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      2,000 SF

      San Antonio Retail Space Available

      2000 SF retail space for rent in San Antonio.
      13411 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      2,300 SF

      Retail Center in Affluent Neighborhoods

      Strategically located retail center with high visibility and traffic flow.
      13453-13489 Blanco Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing
      1,520 SF

      Westover Marketplace Retail Space

      Class A power center with available shop space.
      119 Loop 410 SW, San Antonio, TX 78216
      View Details
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    906 Oblate Dr
    San Antonio, TX 78216-7332
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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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