Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4515 N Loop 1604 W, Unit 1604 San Antonio, TX 78249

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4515 N Loop 1604 W, Unit 1604 San Antonio, TX 78249

    View on Map
    • Medical Office Space
    • 21,168 SF
    • 1.31 lot acres
    For Lease
    $1,335,000
    View Listing →
    Shell Space for Customized Build-Out For Lease
    $1,335,000

    Shell Space for Customized Build-Out

    Flexible shell space for medical or professional customization.

    4515 N Loop 1604 W # 1604, San Antonio, TX 78249
    View Listing
    Property ID
    US83-1167592
    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
    $1,335,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Maverick MRI / Medical Clinic
    • Pozitivf Fertility / Medical Clinic

    Property Details for 4515 N Loop 1604 W

    Year built
    2019
    Lot size
    1.31 lot acres
    Property size
    21,168 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    17700-001-0140
    APU
    177000010140

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $955,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,712,000
      Market price range: $878k - $1.88M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,450,000
      Current use
      COMMERCIAL (GENERAL)
      $1,550,000
      Change: +7% Conversion: Easy
      OFFICE BUILDING
      $1,405,000
      Change: -3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.572
    Latitude
    29.5967
    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
    $174,088
    $1,171,270
    $6,408,730
    $7,580,000
    -
    $1,171,270
    $6,408,730
    $7,580,000

    Comparable in this City

    • Value Estimation
      $700,000
      10,184 SF

      4358 Lockhill Selma Rd

      MEDICAL BUILDING • 10,184 SF
      4358 Lockhill Selma Rd, Shavano Park, TX 78249-4161
      View Details
    • Value Estimation
      $530,000
      7,336 SF

      5431 Loop 1604th W

      MEDICAL BUILDING • 7,336 SF
      5431 Loop 1604th W, San Antonio, TX 78249-1379
      View Details
    • Value Estimation
      $505,000
      7,370 SF

      4306 De Zavala Rd

      MEDICAL BUILDING • 7,370 SF
      4306 De Zavala Rd, San Antonio, TX 78249-4590
      View Details
    • Value Estimation
      $615,000
      8,772 SF

      4306 De Zavala Rd

      MEDICAL BUILDING • 8,772 SF
      4306 De Zavala Rd, San Antonio, TX 78249-4590
      View Details
    • Value Estimation by Request
      11,096 SF

      7579 Loop 1604th W Ste, Unit 101

      MEDICAL BUILDING • 11,096 SF
      7579 Loop 1604th W Ste, San Antonio, TX 78249-2782
      View Details
    • Value Estimation
      $585,000
      9,750 SF

      8358 Loop 1604th W

      MEDICAL BUILDING • 9,750 SF
      8358 Loop 1604th W, San Antonio, TX 78249-3979
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20,000 SF

      Class A Office-Condo Complex

      New Class A office condo complex in premier location.
      4306-4318 De Zavala Rd, San Antonio, TX 78249
      View Details
    • Contact for pricing
      14,290 SF

      New Office Condo in San Antonio

      Class A office condo in a prime San Antonio location.
      4318 De Zavala Rd, San Antonio, TX 78249
      View Details
    • Contact for pricing
      7,000 SF

      Retail Center Near Medical Center

      7,000 SF multi-tenant retail center near San Antonio Medical Center.
      6423 Babcock Rd, San Antonio, TX 78249
      View Details
    • Contact for pricing
      3,331 SF

      Move-In Ready Office Space

      Class A office space with convenient highway access.
      16022 Via Shavano, San Antonio, TX 78249
      View Details
    • Contact for pricing

      Office Property on Lockhill Selma

      Office property with prime visibility near Loop 1604 and IH-10.
      4466 Lockhill Selma Rd, Shavano Park, TX 78249
      View Details
    • $2,500,000
      12,124 SF

      Remodeled Office with Private Suites

      Remodeled office space featuring 26 private suites in central location.
      5717 Northwest Pkwy, San Antonio, TX 78249
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,855 SF

      De Zavala Rd Office Complex

      Prime San Antonio Office Space, High Visibility
      4999 De Zavala Rd, San Antonio, TX 78249
      View Details
    • Contact for pricing
      1,347 SF

      Medical Office Space Available

      Class A medical office building near Baptist Emergency Hospital.
      8230 N Loop 1604 W, San Antonio, TX 78249
      View Details
    • Contact for pricing

      Medical Office Space For Lease

      First-floor medical office space with Loop 1604 visibility.
      4515 N Loop 1604 W, San Antonio, TX 78249
      View Details
    • Contact for pricing

      Class A Office Space Available

      New construction office space ideal for medical or professional services.
      4638 N Loop 1604 W, San Antonio, TX 78249
      View Details
    • Contact for pricing
      3,741 SF

      Medical Office Space Available

      Class A medical office building near restaurants and retailers.
      4103 N Loop 1604 W, San Antonio, TX 78249
      View Details
    • Contact for pricing
      610 SF

      Medical Office Space Available

      Class A medical office building near hospital and university.
      8230 N Loop 1604 W, San Antonio, TX 78249
      View Details
    View Listing
    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.
    4515 N Loop 1604 W, Unit 1604
    San Antonio, TX 78249
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!