Sign Up Successful!
You now have access to more from Realmo!
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 78 San Antonio, TX 78244

    • Medical offices
    • 9,847 SF
    • 1.26 lot acres
    OFF-MARKET
    Last Sale
    Sep 24, 2020
    Value Estimations
    $670,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9376789
    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

    • Medical offices

    Property Details for Fm 78

    Year built
    2022
    Lot size
    1.26 lot acres
    Property size
    9,847 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    05080-229-0010
    APU
    50802290010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $620,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $726,000
      Market price range: $397k - $1.21M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $815,000
      Current use
      COMMERCIAL (GENERAL)
      $845,000
      Change: +4% Conversion: Easy
      OFFICE BUILDING
      $655,000
      Change: -20% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.3477
    Latitude
    29.4851
    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
    $39,114
    $474,620
    $1,593,380
    $2,068,000
    -
    $474,620
    $1,593,380
    $2,068,000

    Comparable in this City

    • Value Estimation
      $400,000
      3,092 SF

      6735 Fm 78

      MEDICAL BUILDING • 3,092 SF
      6735 Fm 78, San Antonio, TX 78244-1367
      View Details
    • Value Estimation
      $585,000
      5,700 SF

      6180 Fm 78

      MEDICAL BUILDING • 5,700 SF
      6180 Fm 78, San Antonio, TX 78244-1032
      View Details
    • Value Estimation
      $385,000
      3,023 SF

      6735 Fm 78

      MEDICAL BUILDING • 3,023 SF
      6735 Fm 78, San Antonio, TX 78244-1367
      View Details
    • Value Estimation
      $380,000
      3,023 SF

      6735 Fm 78

      MEDICAL BUILDING • 3,023 SF
      6735 Fm 78, San Antonio, TX 78244-1367
      View Details
    • Value Estimation
      $340,000
      2,125 SF

      5975 Fm 78th Rd

      MEDICAL BUILDING • 2,125 SF
      5975 Fm 78th Rd, San Antonio, TX 78244-1003
      View Details
    • Value Estimation
      $485,000
      10,944 SF

      6402 Mallard Mdw

      MEDICAL BUILDING • 10,944 SF
      6402 Mallard Mdw, San Antonio, TX 78244-4600
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.36 Acres

      Prime San Antonio Commercial Land

      Exceptional land investment opportunity in Northeast San Antonio.
      4239 Foster Rd, San Antonio, TX 78244
      View Details
    • $298,990

      Marble Falls Specialty Property

      Specialty property for sale in Converse, Texas.
      5731 Marble Fls, Converse, TX 78244
      View Details
    • $195,000

      San Antonio Specialty Property Available

      Specialty property for sale in San Antonio, Texas.
      7935 Sonny Rdg, San Antonio, TX 78244
      View Details
    • $289,000

      San Antonio Specialty Property For Sale

      Specialty property available for purchase in San Antonio, Texas.
      6918 N Cutting Crk, San Antonio, TX 78244
      View Details
    • $237,000

      San Antonio Land For Sale

      Land available in San Antonio, Texas for $237,000.
      4335 Ivan Dr, San Antonio, TX 78244
      View Details
    • Contact for pricing

      Caliber Collision NNN Lease Opportunity

      NNN leased Caliber Collision in San Antonio, TX for sale.
      7587 Farm-To-Market Rd, San Antonio, TX 78244
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      14,560 SF

      Montage Square: Class A Office Space

      Modern San Antonio Office, Retail & Restaurant
      0 Undefined Tx, San Antonio, TX 78244
      View Details
    • $1,500 /Mo

      Renovated Two-Bedroom Home For Rent

      Recently renovated 2-bedroom home near shopping and amenities.
      7018 Elmbank, San Antonio, TX 78244
      View Details
    • $1,250 /Mo
      2,048 SF

      San Antonio Duplex For Rent

      Two-bedroom duplex with garage and fenced backyard available for rent.
      7303 Golf Vista Blvd, San Antonio, TX 78244
      View Details
    • Contact for pricing
      26,019 SF

      San Antonio Warehouse Space Available

      26,019 SF warehouse space for lease in San Antonio.
      6111 Woodlake Ctr, San Antonio, TX 78244
      View Details
    • Contact for pricing
      2,115 SF

      Retail Space in Anchored Center

      Move-in ready retail space with excellent visibility and ample parking.
      7654 Fm 78, San Antonio, TX 78244
      View Details
    • Contact for pricing
      9,100 SF

      Foster Road Retail Center Investment

      San Antonio Retail Space Available
      6658 Summer Fest Dr, San Antonio, TX 78244
      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 78
    San Antonio, TX 78244
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.