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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Medical Office Space
1927 Rogers Rd San Antonio, TX 78251-4614
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US82-5212619
Property summary
AI-generated overview
This exceptional 6,753-square-foot medical office building, situated on a 1.33-acre lot in San Antonio, Texas, presents a unique investment opportunity. Built in 2014, this Class B, single-story building is currently vacant and available for sale at $4,250,000 ($629.35/sq ft). The property features a complete build-out ideal for a wide array of surgical procedures, including a vacuum system, medical gas system, generator, server room, overhead surgical lighting, and office furniture. Previously licensed by THHS, this turnkey facility is ready for immediate occupancy. Its prime location within Westover Medical Park, between Rogers Road and Hwy 151 Access Road near the Military Drive overpass, offers excellent visibility and accessibility. The property benefits from its proximity to major medical facilities, including Christus Santa Rosa, Westover Hills Baptist, and the Northwest San Antonio VA Campus, ensuring a strong patient referral base. Furthermore, its adjacency to a 40-bed PAM Health Warm Springs Rehabilitation Hospital provides significant synergy and convenience for patients. This NNN-leased property represents a compelling investment opportunity in a thriving medical market. The property is located at 1927 Rogers Rd, San Antonio, TX 78251, in Bexar County.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2013
Total area
6,806 SF
Lot
0.94 ac (40,772 SF)
APN
17642-051-0050
UPID
US82-5212619
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
-
Sure enter Of Westover Hills Physician
-
ELLEN W LIN Physician
-
RENE PEREZ Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$578k
Blend (final)
Blend
$515k
Owner & transaction history
Surgical Center-san Antonio Ll · 11 yrs held
Surgical Center-san Antonio Ll
since 2015
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$635,000
+42.3%
Auto repair, garage
$630,000
+40.9%
Warehouse, storage
$505,000
+12.9%
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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$445,000
Current use
RETAIL STORES
$635,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$630,000
Change: +41% · Conversion: Difficult
WAREHOUSE, STORAGE
$505,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$495,000
Change: +11% · Conversion: Easy
OFFICE BUILDING
$450,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$76 / 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
$67,612
Tax year 2023
Assessed value
$2,943,900
Assessed 2023
Previous assessed
$2,943,900
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$754,530
Assessed improvement
$2,189,370
Land market value
$754,530
Improvement market value
$2,189,370
Total market value
$2,943,900
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
Off-Market
Year built
2013
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
6,806 SF
Lot
0.94 ac (40,772 SF)
APN
17642-051-0050
UPID
US82-5212619
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
$445,000
RETAIL STORES
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$630,000
WAREHOUSE, STORAGE
Est. value
$505,000
COMMERCIAL (GENERAL)
Est. value
$495,000
OFFICE BUILDING
Est. value
$450,000
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
2013
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Surgical Center-san Antonio Ll
Individual
Mailing address
550 S MESA HLS DR STE F2, EL PASO, TX 79912-5783
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2015
—
Surgical Center-san Antonio Ll
Eaton 5 LLC
Grant Deed
$1,375,000 · Miscellaneous Ins Co
Jul 9, 2013
—
Eaton 5 LLC
307 Westover Partners Ltd
Grant Deed
$1,485,429 · Bank Of San Antonio
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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