Back to Search
Property profile & analytics
FOR LEASE
Hospitals
8230 N Loop 1604 W San Antonio, TX 78249
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-6120963
For Lease
$3,415,000
8230 N Loop 1604 W, San Antonio, TX 78249
View Listing →
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2012
Total area
36,384 SF
Lot
2.79 ac (121,707 SF)
APN
16883-020-0050
UPID
US82-6120963
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
-
Bernadette Collazo, NP Physician
-
Emily Pavlik Physician
-
South Texas Surgical Group |8230 N. Loop 1604 West Medical Clinic
-
J. Maurice Glick, MD Pediatrician Physician
-
Carlos Licon, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$3.42M
Owner & transaction history
MPT HAUSMAN LLC
MPT HAUSMAN LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.5M
+81.4%
Auto repair, garage
$4.3M
+73.3%
Restaurant
$3.9M
+56.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,495,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,525,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,325,000
Change: +73% · Conversion: Difficult
RESTAURANT
$3,900,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,660,000
Change: +7% · Conversion: Easy
OFFICE BUILDING
$2,415,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$3.42M
Range $3.07M – $3.76M · ±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
$94 / 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
$310,051
Tax year 2023
Assessed value
$13,500,000
Assessed 2023
Previous assessed
$13,500,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$3,551,400
Assessed improvement
$9,948,600
Land market value
$3,551,400
Improvement market value
$9,948,600
Total market value
$13,500,000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
For Lease
Year built
2012
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
36,384 SF
Lot
2.79 ac (121,707 SF)
APN
16883-020-0050
UPID
US82-6120963
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
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.3M
RESTAURANT
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.4M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
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
2012
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.79 ac
Current owner
From public records · entity-resolved
MPT HAUSMAN LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1000 URBAN CTR DR STE #501, VESTAVIA, AL 35242-2225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
