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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Medical Office Space
702 Drexel Ave San Antonio, TX 78210-3102
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US83-0590412
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2020
Total area
5,220 SF
Lot
0.53 ac (22,869 SF)
APN
03293-025-0270
UPID
US83-0590412
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$545k
Owner & transaction history
South New Braunfels Re Co LLC · 7 yrs held
South New Braunfels Re Co LLC
since 2019
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$875,000
+102.7%
Auto repair, garage
$750,000
+74.3%
Warehouse, storage
$435,000
+1.0%
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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$430,000
Current use
RESTAURANT
$875,000
Change: +103% · Conversion: Difficult
AUTO REPAIR, GARAGE
$750,000
Change: +74% · Conversion: Difficult
WAREHOUSE, STORAGE
$435,000
Change: +1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$420,000
Change: -3% · Conversion: Moderate
OFFICE BUILDING
$345,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$104 / 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
$40,134
Tax year 2023
Assessed value
$1,610,000
Assessed 2023
Previous assessed
$1,610,000
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$299,810
Assessed improvement
$1,310,190
Land market value
$299,810
Improvement market value
$1,310,190
Total market value
$1,610,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2020
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
5,220 SF
Lot
0.53 ac (22,869 SF)
APN
03293-025-0270
UPID
US83-0590412
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
MEDICAL BUILDING Current
Est. value
$430,000
RESTAURANT
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$750,000
WAREHOUSE, STORAGE
Est. value
$435,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$420,000
OFFICE BUILDING
Est. value
$345,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
South New Braunfels Re Co LLC
Entity
Mailing address
2961 MOSSROCK #1, SAN ANTONIO, TX 78230-5119
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2019
—
South New Braunfels Re Co LLC
Tres Cano Properties LLC
Grant Deed
$684,240 · Bank Of San Antonio
Feb 16, 2016
—
Tres Cano Properties LLC
Ackerman,marilee
Warranty Deed
related
—
Apr 23, 2014
—
Marilee Ackerman
Ackerman Jessie P
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.
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