Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    18600 Hardy Oak Blvd San Antonio, TX 78258-4206
    Back to Search
    Property profile & analytics

    18600 Hardy Oak Blvd, San Antonio, TX 78258-4206

    View on Map
    • Hospitals
    • 54,933 SF
    • 3.89 lot acres
    Off-Market
    Property ID
    US82-2167858
    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.
    Value Estimations
    $4,885,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • South Texas Spine & Surgical HospitalOutpatient Center / Hospital
    • South Texas Spine & Surgical Hospital: Emergency Room / Hospital
    • Rowan Stewart Campbell / Pediatrician / Physician
    • LADISLAU ALBERT / Physician
    • Dr. William Collier / Physician

    Property Details for 18600 Hardy Oak Blvd

    Year built
    2002
    Lot size
    3.89 lot acres
    Property type
    Hospitals
    APN
    19221-050-0011
    APU
    192210500011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 25, 2019 — Pmak Hardy Oak LLC Hardy Oak Medical Properties LLC Special Warranty Deed $594.4M · Capital One NA
    Dec 27, 2016 — Hardy Oak Medical Properties LLC Medproperties Nshs LLC Special Warranty Deed $18.8M · Capital One NA
    Sep 21, 2012 — Medproperties Nshs LLC — Trustees Deed · related $3M · Siemens Financial Svcs INC
    Mar 28, 2011 — Medproperties Nshs LLC Nsh San Antonio Surgical Hospital I Special Warranty Deed $10.7M · Siemens Financial Services INC
    — — Medproperties Nshs LLC — Deed Of Trust · related $34.4M · General Elec Cap
    — — San Antonio Surgical Hosp Nsh — Deed Of Trust · related $7.8M · Wells Fargo Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,332,000
      Market price range: $1.59M - $5.27M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,805,000
      Current use
      AUTO REPAIR, GARAGE
      $6,530,000
      Change: +72% Conversion: Difficult
      RESTAURANT
      $5,580,000
      Change: +47% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $5,130,000
      Change: +35% Conversion: Easy
      OFFICE BUILDING
      $3,645,000
      Change: -4% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $3,535,000
      Change: -7% Conversion: Moderate
      WAREHOUSE, STORAGE
      $3,235,000
      Change: -15% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4776
    Latitude
    29.6133
    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
    $401,708
    $2,778,770
    $14,721,230
    $17,500,000
    -
    $2,778,770
    $14,721,230
    $17,500,000

    Comparable in this City

    • Value Estimation
      $3,425,000
      35,888 SF

      25615 Us Hwy 281st N

      HOSPITAL - PRIVATE
      25615 Us Hwy 281st N, San Antonio, TX 78258-7135
      View Details
    • Value Estimation
      $2,080,000
      20,648 SF

      1434 Sonterra Blvd

      HOSPITAL - PRIVATE
      1434 Sonterra Blvd, San Antonio, TX 78258-4971
      View Details
    • Value Estimation
      $13,980,000
      577,439 SF

      520 Madison Oak Dr

      HOSPITAL - PRIVATE
      520 Madison Oak Dr, San Antonio, TX 78258-3913
      View Details
    • Value Estimation
      $35,470,000
      442,867 SF

      1139 Sonterra Blvd

      HOSPITAL - PRIVATE
      1139 Sonterra Blvd, San Antonio, TX 78258-4347
      View Details
    • Value Estimation by Request
      4,080 SF

      21031 Market Rdg

      Coworking space
      21031 Market Rdg, San Antonio, TX 78258
      View Details
    • Value Estimation
      $2,090,000
      30,202 SF

      1314 Sonterra Blvd

      MEDICAL BUILDING
      1314 Sonterra Blvd, San Antonio, TX 78258-4278
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      76,478 SF

      Assisted Living Facility Conversion Opportunity

      76,478 SF assisted living facility suitable for behavioral health conversion.
      20500 Huebner Rd, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Land in Stone Oak Parkway

      Commercial land for sale in established Stone Oak area.
      20395 Stone Oak Pkwy, San Antonio, TX 78258
      View Details
    • $145,000
      0.22 Acres

      Residential Land in Gated Community

      Land for sale in a gated San Antonio neighborhood.
      23439 Seven Winds, San Antonio, TX 78258
      View Details
    • $157,900
      12,306 SF

      Land Available in Bexar County

      Land for sale in a desirable San Antonio location.
      21902 Big Bend Cv, San Antonio, TX 78258
      View Details
    • $298,000
      0.70 Acres

      Residential Land in San Antonio

      0.703-acre lot for building a dream home.
      146 Champions Bnd, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Land Lots Available for Purchase

      Three land lots available for bulk purchase.
      19615 Blanco Rd -, San Antonio, TX 78258
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,267 SF

      Stone Oak Medical Office Space

      9,790 SF medical office in Stone Oak area.
      19223 Stonehue, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Mixed-Use Development in Stone Oak

      Mixed-use development with retail, office, and restaurant spaces for rent.
      18615 Tuscany Stone, San Antonio, TX 78258
      View Details
    • Contact for pricing
      2,424 SF

      Retail Space in Power Center

      Retail space for lease in a well-located power center.
      22710 U.S Us Highway 281 N, San Antonio, TX 78258
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Affluent Area

      Former music center in high-income San Antonio neighborhood.
      1603 North Loop 1604 West, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Retail Space in Stone Oak

      Retail space in a high-traffic, well-located shopping center.
      20935 U.S Us Highway 281 N, San Antonio, TX 78258
      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.
    18600 Hardy Oak Blvd
    San Antonio, TX 78258-4206
    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

    Thank You for Inquiry
    18600 Hardy Oak Blvd, San Antonio, TX, 78258
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!