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Property profile & analytics
FOR LEASE
Medical Office Space
1730 SW Military Dr San San Antonio, TX 78221
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US82-0855442
For Lease
1 / 14
$25.50 SF/Yr
1730 SW Military Dr,Unit San, San Antonio, TX 78221
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Property summary
AI-generated overview
The Meridian, a Class B office building (17,808 total square feet) at 1730 SW Military Drive in San Antonio, offers exceptional office space. Built in 1982 and recently renovated, this property boasts updated interiors featuring new laminate flooring, tile, and paint, along with attractive landscaping. Multiple tenancy options are available, with spaces ranging from a minimum of 184 square feet to a maximum contiguous space of 2,582 square feet. The building features private offices and restrooms within each suite. Its strategic location offers high visibility from SW Military Drive, a major San Antonio thoroughfare, and convenient access to I-35, South Park Mall, and other key areas. The property sits on a 0.74-acre lot and benefits from ample rear parking and two large, high-ceiling entrances. A strong mix of professional and medical tenants already occupy the building, creating a vibrant and established community. Signage opportunities are available to enhance your business presence. This is an ideal location in a rapidly growing section of San Antonio.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1982
Total area
8,768 SF
Lot
0.34 ac (14,723 SF)
APN
09306-004-0110
UPID
US82-0855442
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
-
EMS Universal Education - San Antonio Vocational School Training Center
-
The Root Canal Doctor Dental Office
-
Glenn H. Goree, LPC Counselor
-
South Sand Medical Eye Clinic Physician
-
Tia Tucker - State Farm Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$595k
Owner & transaction history
Resonance Group LLC · 6 yrs held
Resonance Group LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$725,000
Current use
WAREHOUSE, STORAGE
$710,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$635,000
Change: -12% · Conversion: Moderate
OFFICE BUILDING
$580,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$68 / 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
$50,849
Tax year 2023
Assessed value
$2,000,000
Assessed 2023
Previous assessed
$2,000,000
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$234,040
Assessed improvement
$1,765,960
Land market value
$234,040
Improvement market value
$1,765,960
Total market value
$2,000,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1982
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
8,768 SF
Lot
0.34 ac (14,723 SF)
APN
09306-004-0110
UPID
US82-0855442
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
MEDICAL BUILDING Current
Est. value
$725,000
WAREHOUSE, STORAGE
Est. value
$710,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$635,000
OFFICE BUILDING
Est. value
$580,000
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1982
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Resonance Group LLC
Entity
Mailing address
59 MICHELANGELO, SAN ANTONIO, TX 78258-4758
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2022
—
Resonance Group LLC
—
Deed
related
$1,750,000 · Broadway National Bank
Dec 10, 2019
—
Resonance Group LLC
Medical Building Limited Partnershi
Venders Lien
$960,000 · Broadway National Bank
Dec 27, 1999
—
Ss Medical Building LP
Kelfer,mina
Grant Deed
$786,291 · Bank Of America
—
—
Ss Medical Building
—
Deed Of Trust
related
$720,000 · Bank Of America
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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