Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3636 Medical Dr San Antonio, TX 78229-2183
    Back to Search
    Property profile & analytics

    3636 Medical Dr, San Antonio, TX 78229-2183

    View on Map
    • Assisted living facilities
    • 33,464 SF
    • 1.33 lot acres
    Off-Market
    Property ID
    US82-2136255
    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
    $945,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kindred Hospital-San Antonio: Deflorio Paul T MD / Physician
    • Kindred Hospital-San Antonio: Dinger Patricia L DO / Physician
    • Jose A. Ramos, ACNP / Registered General Nurse
    • Kindred Hospital San Antonio / Hospital

    Property Details for 3636 Medical Dr

    Year built
    1982
    Lot size
    1.33 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    16358-001-0010
    APU
    163580010010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 8, 2007 — Kindred Healthcare INC — Deed Of Trust · related $100M · J P Morgan Chase Bank
    Apr 25, 2001 — Vencor Operating INC — Deed Of Trust · related $300M · Morgan Guaranty Trust Co Ny Tt
    Aug 14, 1998 — Ventas Realty Ventas INC Quit Claim Deed · related —
    — — Kindred Healthcare INC — Deed Of Trust · related $180M · J P Morgan Chase Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $720,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,163,000
      Market price range: $408k - $1.16M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $800,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5564
    Latitude
    29.5223
    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
    $137,546
    $979,200
    $5,009,700
    $5,988,900
    -
    $979,200
    $5,009,700
    $5,988,900

    Comparable in this City

    • Value Estimation by Request
      22,063 SF

      5100 Newcome Dr

      HOMES (RETIRED, NURSING)
      5100 Newcome Dr, San Antonio, TX 78229-4925
      View Details
    • Value Estimation
      $690,000
      19,701 SF

      5034 Newforest Dr

      HOMES (RETIRED, NURSING)
      5034 Newforest Dr, San Antonio, TX 78229-5459
      View Details
    • Value Estimation
      $660,000
      26,294 SF

      7302 Oak Mnr Dr

      HOMES (RETIRED, NURSING)
      7302 Oak Mnr Dr, San Antonio, TX 78229-4509
      View Details
    • Value Estimation
      $520,000
      18,418 SF

      7602 Louis Pasteur Dr

      HOMES (RETIRED, NURSING)
      7602 Louis Pasteur Dr, San Antonio, TX 78229-4017
      View Details
    • Value Estimation
      $800,000
      45,000 SF

      5423 Hamilton Wolfe Rd

      HOMES (RETIRED, NURSING)
      5423 Hamilton Wolfe Rd, San Antonio, TX 78229-4344
      View Details
    • Value Estimation
      $805,000
      29,556 SF

      4455 Horizon Hl Blvd

      HOMES (RETIRED, NURSING)
      4455 Horizon Hl Blvd, San Antonio, TX 78229-2258
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.60 Acres

      Prime San Antonio Commercial Land

      0.6-acre lot, C-2 zoning, ideal location.
      5151 Fredericksburg Rd, San Antonio, TX 78229
      View Details
    • Contact for pricing
      31,025 SF

      31,025 SF Office Building

      Office building with on-site management and move-in ready suites.
      9501 Console Dr, San Antonio, TX 78229
      View Details
    • New
      $580,000
      4,964 SF

      Triplex with Unfinished Fourth Unit

      Three active rental units provide current income, with an unfinished unit ready for completion and expanded use.
      4919 Ty Terrace St, San Antonio, TX 78229
      View Details
    • Contact for pricing

      Prime Medical Drive Frontage Land

      Land with frontage on Medical Drive and Horizon Hill Blvd.
      4020 Medical Dr, San Antonio, TX 78229
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Spaces Available for Rent

      Office spaces available for lease at 7461 Callaghan Rd.
      7461 Callaghan Rd, San Antonio, TX 78229
      View Details
    • Contact for pricing

      Office Complex with Landscaped Grounds

      Master-planned office complex at Medical Drive and Fredericksburg Road.
      4242 Medical Dr, San Antonio, TX 78229
      View Details
    • Contact for pricing

      Medical Office Complex For Rent

      Seven-building medical office complex with flexible floor plans.
      5360 Fredericksburg Rd, San Antonio, TX 78229
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space Near Medical Center

      Retail space with high visibility near a medical center.
      4343 Medical Dr, San Antonio, TX 78229
      View Details
    • Contact for pricing
      1,784 SF

      Medical Office Space For Rent

      1,784 SF office space in the medical district.
      7410 John Smith Dr, San Antonio, TX 78229
      View Details
    • Contact for pricing
      1,960 SF

      Renovated Office Space in Oak Hills

      Medical/Office space for lease, convenient location, undergoing renovation.
      1735 Babcock Rd, San Antonio, TX 78229
      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.
    3636 Medical Dr
    San Antonio, TX 78229-2183
    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
    3636 Medical Dr, San Antonio, TX, 78229
    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!