New search
Property profile & analytics
FOR LEASE
Office Spaces
5441 Babcock Rd San Antonio, TX 78240
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0513018
For Lease
1 / 9
$9,145,000
5441 Babcock Rd, San Antonio, TX 78240
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2002
Total area
49,708 SF
Lot
2.59 ac (112,951 SF)
APN
17339-001-1340
UPID
US82-0513018
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
-
Neurology Consultants of San Antonio Medical Clinic
-
Dr. Peter A. Tarbox, MD Physician Medical Clinic
-
Law office of Hector R. Garza Jr. Law Firm
-
Mr. Phillip Gulley Physician
-
Jeremy Henn, PhD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.81M
Comparable Approach
Comparable
$8.48M
Blend (final)
Blend
$9.15M
Owner & transaction history
Derrick Management LLC · 3 yrs held
Derrick Management LLC
since 2022
5 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%
$10,625,000
6.5%
$9,810,000
7%
$9,105,000
Blend value · Realmo final
$9.15M
Range $8.23M – $10.06M · ±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
$184 / 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
$135,504
Tax year 2023
Assessed value
$5,900,000
Assessed 2023
Previous assessed
$5,900,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$1,816,390
Assessed improvement
$4,083,610
Land market value
$1,816,390
Improvement market value
$4,083,610
Total market value
$5,900,000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
2002
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
49,708 SF
Lot
2.59 ac (112,951 SF)
APN
17339-001-1340
UPID
US82-0513018
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
2002
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.59 ac
Current owner
From public records · entity-resolved
Derrick Management LLC
Entity
Mailing address
12950 COUNTRY PKWY STE #180, SAN ANTONIO, TX 78216-2036
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2022
—
Derrick Management LLC
Provident Development Group Ltd
Special Warranty Deed
—
May 2, 2011
—
Rmr R/e San Antonio LLC
—
Deed Of Trust
related
$14,700,000 · J P Morgan Chase Bank
May 3, 2007
—
Remington Rehab Inv Group LLC
Provident Dev Group Ltd
Warranty Deed
$14,000,000 · Wachovia Bank NA
—
—
Provident Dev Group Ltd
—
Deed Of Trust
related
$4,400,000 · Security Service FCU
—
—
Provident Dev Group Ltd
—
Deed Of Trust
related
$300,000 · Security Service FCU
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.
