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

    Fm 2673, TX

    • Office buildings
    • 53,490 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimations
    $6,735,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5130003
    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 buildings

    Property Details

    Year built
    2019
    Lot size
    5.00 lot acres
    Property size
    53,490 SF
    Property type
    Office buildings
    APN
    15-0136-0001-00
    APU
    150136000100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,655,000
      Current use
      AUTO REPAIR, GARAGE
      $7,025,000
      Change: +24% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $6,560,000
      Change: +16% Conversion: Easy
      RETAIL STORES
      $4,810,000
      Change: -15% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Fm 2673
    County
    Comal
    State
    Texas
    Longitude
    -98.2641
    Latitude
    29.8415
    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
    $58,468
    $506,839
    $3,413,821
    $3,920,660
    -
    $506,839
    $3,413,821
    $3,920,660

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      Vis Way

      OFFICE BUILDING • 0.12 Acres
      Vis Way, Benbrook, TX
      View Details
    • Value Estimation
      $3,720,000
      27,872 SF

      1917 Bicentennial Blvd

      OFFICE BUILDING • 27,872 SF
      1917 Bicentennial Blvd, Mcallen, TX
      View Details
    • Value Estimation
      $1,040,000
      5,896 SF

      Ih 20

      OFFICE BUILDING • 5,896 SF
      Ih 20, Odessa, TX
      View Details
    • Value Estimation
      $760,000
      5,120 SF

      Grandview Ave

      OFFICE BUILDING • 5,120 SF
      Grandview Ave, Odessa, TX
      View Details
    • Value Estimation
      $1,400,000
      315,596 SF

      3300 Olympus Blvd

      OFFICE BUILDING • 315,596 SF
      3300 Olympus Blvd, Dallas, TX
      View Details
    • Value Estimation
      $575,000
      975 SF

      Fay, TX

      OFFICE BUILDING • 975 SF
      1600, Fay, TX
      View Details

    Similar Nearby for Sale

    • $36,000
      1,746 SF

      Lumberton Office Investment Opportunity

      Modern office building in a rapidly growing Southeast Texas community.
      105 Canyon Lake Cir, Lumberton, TX
      View Details
    • $750,000
      7,180 SF

      Baytown Office/Industrial Building For Sale

      7,180 SF building on 0.6621 acre in Baytown, TX.
      313 State Highway 146 South, Baytown, TX
      View Details
    • $335,000
      1,845 SF

      Waller Office Building For Sale

      Office building in high-traffic location with tenant occupancy.
      40344 Us-290 Bus, Waller, TX
      View Details
    • Contact for pricing
      11,000 SF

      Austin Office Building For Sale

      Office building with 11,000 square feet of space.
      W William Canon Dr & Colton Blf Spg Rd, Austin, TX
      View Details
    • Contact for pricing
      3,200 SF

      Dripping Springs Acreage with Buildings

      1.94 acres with office and warehouse buildings near Hwy 290.
      4909 Bell Spg Rd, Dripping Springs, TX
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      29,061 SF

      Plano Office Space For Lease

      Available office space in Plano, Texas with parking.
      8101 Windrose Ave, Plano, TX
      View Details
    • Contact for pricing
      1,132 SF

      North Central Austin Office Building

      11,778 SF office building with ample parking.
      8213 A Shl Crk Blvd, Austin, TX
      View Details
    • Contact for pricing
      2,828 SF

      Kingwood Office Space For Lease

      Two-story office building in Kingwood's master-planned community.
      800 Rockmead Dr, Kingwood, TX
      View Details
    • $20 SF/Yr
      945 SF

      Austin Office Space - West Anderson Lane

      Prime Austin office suite, 945 SF, great location.
      1306 W Anderson, Austin, TX
      View Details
    • Contact for pricing
      4,900 SF

      Mansfield Office Building For Lease

      Office spaces available for lease in Mansfield, Texas.
      1380 Frontage Rd, Mansfield, TX
      View Details
    • Contact for pricing
      35,534 SF

      Class A Office Space Available

      27-story Class A office building in the Domain.
      11420 Alterra Pkwy, Austin, TX
      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.
    Fm 2673, TX
    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!