New search
Property profile & analytics
FOR SALE
Medical Office Space
234 San Pedro Ave San Antonio, TX 78205
Individually Owned
5-yr Hold
Free & Clear
Property ID
US82-4105664
For Sale
1 / 62
$230,000
234 San Pedro Ave, San Antonio, TX 78205
View Listing →
Property summary
AI-generated overview
This exceptional 4,427-square-foot medical office building is situated on a 0.198-acre lot at 234 San Pedro Avenue in San Antonio, Texas, 78205. Offered at $2,200,000, this property presents a compelling investment opportunity. The building boasts a spacious and adaptable floor plan, ideal for a variety of medical practices. Its prime location in a high-traffic area ensures excellent visibility and accessibility, surrounded by thriving businesses. Modern amenities include high-speed internet access and ample parking for both staff and patients. Convenient access to major thoroughfares like IH-35 and IH-10, as well as public transportation, enhances its appeal. This property is perfect for established medical practices seeking expansion or new ventures looking for a well-located, functional space. The building's versatile layout allows for customization to meet specific operational needs. The combination of location, size, and amenities makes this a truly exceptional opportunity in the vibrant San Antonio market. Don't miss the chance to own this valuable asset.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1946
Total area
4,428 SF
Lot
0.2 ac (8,625 SF)
APN
00787-007-0010
UPID
US82-4105664
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
-
San Pedro Women's Health Center Medical Clinic
-
Ramakrishnarao Veerakaputr MD Physician
-
Dr. Rama K. Rao, MD Physician
-
Laser Aesthetics Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rama K Rao · 5 yrs held
Rama K Rao
since 2021
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,077
Tax year 2023
Assessed value
$444,360
Assessed 2023
Previous assessed
$444,360
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$443,360
Assessed improvement
$1,000
Land market value
$443,360
Improvement market value
$1,000
Total market value
$444,360
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 Sale
Year built
1946
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
4,428 SF
Lot
0.2 ac (8,625 SF)
APN
00787-007-0010
UPID
US82-4105664
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
Building & site characteristics
From public records
Year built
1946
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Rama K Rao
Individual
Free & Clear · 5 yrs held
Mailing address
234 SAN PEDRO AVE, SAN ANTONIO, TX 78205-1119
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Apr 12, 2021
—
Rama K Rao
Linda Catacalos Peterson
Correction Deed
related
—
Jan 6, 2021
—
Rama K Rao
Linda Catacalos Peterson
Special Warranty Deed
—
Dec 14, 2020
—
Rama K Rao
Rao Rama K Childrens Trust
Correction Deed
related
—
Feb 20, 2014
—
Rama K Rao
Rao Rama K Trust
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
