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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Office Spaces
1045 Central N Pkwy San Antonio, TX 78232-5085
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3781590
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2010
Total area
24,192 SF
Lot
1.31 ac (57,064 SF)
APN
17115-001-0140
UPID
US82-3781590
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alamo City Medical Group Medical Clinic
-
Intelligent Engineering Services Civil Engineer Engineer
-
United Apartment Group Real Estate Agency
-
STCH Ministries Family Counseling - San Antonio Counselor
-
STCH Ministries Faith & Work | Faith & Finances Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.23M
Owner & transaction history
Cenparkway North LP · 15 yrs held
Cenparkway North LP
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+33.0%
Medical building
$2.0M
+30.5%
Office building
$1.6M
+4.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Antonio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Antonio submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,535,000
Current use
RESTAURANT
$2,040,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$2,000,000
Change: +31% · Conversion: Easy
OFFICE BUILDING
$1,605,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$51 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$100,698
Tax year 2023
Assessed value
$4,386,820
Assessed 2023
Previous assessed
$4,386,820
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$395,450
Assessed improvement
$3,991,370
Land market value
$395,450
Improvement market value
$3,991,370
Total market value
$4,386,820
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2010
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
24,192 SF
Lot
1.31 ac (57,064 SF)
APN
17115-001-0140
UPID
US82-3781590
Jurisdiction
BEXAR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Cenparkway North LP
Entity
Mailing address
120 OAK CRK STE #101, SAN ANTONIO, TX 78232-3304
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2010
—
Cenparkway North LP
Angus Air LLC
Special Warranty Deed
$2,975,000 · Amegy Bank NA
Dec 21, 2005
—
Angus Air LLC
Clarendon Investments LLC
Grant Deed
$213,750 · Hibernia National Bank
Sep 1, 2005
—
Clarendon Investments LLC
Zimmerman,ronald E
Quit Claim Deed
related
—
—
—
Cenparkway North LP
—
Loan Modification
related
$2,263,141 · Amegy Bk
—
—
Cenparkway North LP
—
Loan Modification
related
$2,247,123 · Amegy Bk
—
—
Cenparkway North LP
—
Loan Modification
related
$2,247,123 · Amegy Bk
—
—
Cenparkway North LP
—
Deed Of Trust
related
$2,500,000 · Jefferson Bk
—
—
Chester J Drash JR.
—
Deed Of Trust
related
$213,750 · Jefferson Bank
—
—
Angus Air LLC
—
Deed Of Trust
related
$213,750 · Jefferson Bank
—
—
Angus Air LLC
—
Deed Of Trust
related
$213,750 · Jefferson Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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