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Property profile & analytics
OFF-MARKET
Estimated value
$15,390,000
Office Spaces
301 Frio St San Antonio, TX 78207-4421
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-3765128
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1990
Total area
65,500 SF
Lot
5.31 ac (231,260 SF)
APN
00268-090-0232
UPID
US82-3765128
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
-
STAR Vascular Access Center Medical Clinic
-
Ameripath Severance And Assocs Medical Clinic
-
Dr. Alice Sturm, MD Physician
-
Dr. Oscar D. Abbott, MD Physician
-
Dr. Kim D. Murphy, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.93M
Comparable Approach
Comparable
$17.86M
Blend (final)
Blend
$15.39M
Owner & transaction history
301 North Frio LLC · 2 yrs held
301 North Frio LLC
since 2024
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
by Request
CAP Approach
CAP Return
Estimation
6%
$14,000,000
6.5%
$12,925,000
7%
$12,000,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$12,450,000
Current use
RETAIL STORES
$11,955,000
Change: -4% · Conversion: Easy
RESTAURANT
$11,350,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$15.39M
Range $13.85M – $16.93M · ±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
$235 / 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
Assessed value
$12,118,090
Assessed 2023
Previous assessed
$12,118,090
+0.0% YoY
Assessed land
$2,372,730
Assessed improvement
$9,745,360
Land market value
$2,372,730
Improvement market value
$9,745,360
Total market value
$12,118,090
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1990
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
65,500 SF
Lot
5.31 ac (231,260 SF)
APN
00268-090-0232
UPID
US82-3765128
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
COMMERCIAL (GENERAL) Current
Est. value
$12.5M
RETAIL STORES
Est. value
$12.0M
RESTAURANT
Est. value
$11.4M
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
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
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
5.31 ac
Current owner
From public records · entity-resolved
301 North Frio LLC
Entity
Mailing address
210 W 7TH ST, AUSTIN, TX 78701-2903
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
May 29, 2024
—
301 North Frio LLC
Frio Medical Property LP
Deed
related
$5,845,000 · Security Service FCU
May 21, 2024
—
Fahim Zaman
Frio Medical Property LP
Special Warranty Deed
—
May 18, 2017
—
Frio Medical Property LP
—
Deed
related
$3,264,295 · Bank Of America
Jul 8, 2016
—
Frio Medical Property LP
—
Deed
related
$2,658,275 · Jefferson Bk
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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