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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Medical Office Space
2116 Babcock Rd San Antonio, TX 78229-4411
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US83-3418134
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Total area
6,326 SF
Lot
0.76 ac (32,931 SF)
APN
11613-003-0590
UPID
US83-3418134
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
-
United Minimally Invasive Surgical Center Medical Clinic Hospital
-
United Minimally Invasive Surgery Center Medical Clinic Hospital
-
Trusted Care Surgery Center San Antonio NW Medical Clinic Hospital
-
Trinity Surgery Center Medical Clinic Hospital
-
Spine Surgical Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.12M
Owner & transaction history
2116 Babcock Road LLC · 6 yrs held
2116 Babcock Road LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$770,000
+19.7%
Auto repair, garage
$750,000
+17.1%
Retail stores
$720,000
+12.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,215,000
6.5%
$1,125,000
7%
$1,040,000
Alternative Use
Use
Estimation
RESTAURANT
$770,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$750,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$720,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$176 / 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
$62,929
Tax year 2023
Assessed value
$2,740,000
Assessed 2023
Previous assessed
$2,740,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$641,170
Assessed improvement
$2,098,830
Land market value
$641,170
Improvement market value
$2,098,830
Total market value
$2,740,000
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
Off-Market
Year built
2010
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
6,326 SF
Lot
0.76 ac (32,931 SF)
APN
11613-003-0590
UPID
US83-3418134
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
RESTAURANT
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$750,000
RETAIL STORES
Est. value
$720,000
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
0.76 ac
Current owner
From public records · entity-resolved
2116 Babcock Road LLC
Entity
Mailing address
PO BOX 41826, AUSTIN, TX 78704-0031
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2020
—
2116 Babcock Road LLC
Paloma Office Development LLC
Venders Lien
$2,160,000 · Jpmorgan Chase Bank NA
Dec 19, 2016
—
Paloma Office Dev LLC
—
Deed
related
$1,461,098 · Broadway Bk
Oct 14, 2008
—
Paloma Office Dev LLC
Costaplenty LLP
Warranty Deed
—
Aug 15, 2008
—
Vera Salvatore
—
Trustees Deed
related
$180,000 · Vera Salvatore
Feb 19, 2008
—
Rosario P Garza
—
Trustees Deed
related
$180,000 · Vera Salvatore
Aug 30, 2005
—
Costaplenty LLP
European Esthetics Inst INC
Warranty Deed
$150,000 · Guaranty Bank
Apr 26, 1999
—
European Esthetics Institute
Hurst,c L
Grant Deed
$220,000 · Captial 1031 Exchange Co
—
—
European Esthetics Institue Ic
—
Deed Of Trust
related
$180,000 · Bank Of Texas NA
—
—
Paloma Office Dev LLC
—
Loan Modification
related
$1,461,098 · Broadway Bk
—
—
Costaplenty LLP
—
Deed Of Trust
related
$180,000 · Vera Salvatore
—
—
Paloma Office Dev LLC
—
Deed Of Trust
related
$1,739,574 · Broadway Bk/chicago
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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