Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8632 Fredericksburg Rd San Antonio, TX 78240
    Back to Search
    Property profile & analytics

    8632 Fredericksburg Rd San Antonio, TX 78240

    View on Map
    • Office properties & Spaces
    • 29,892 SF
    • 1.64 lot acres
    For Lease
    $3,500,000
    View Listing →
    Refurbished Office Space Available For Lease
    $3,500,000

    Refurbished Office Space Available

    Revitalized office space near Medical District with modern amenities.

    8632 Fredericksburg Rd, San Antonio, TX 78240
    View Listing
    Property ID
    US82-4397430
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ms. Shalanda Gordon / Physician / Medical Clinic
    • Avestee Women's Imaging Centers / Medical Clinic
    • Susan M. Derk, OTR / Physician
    • Redhot / Home Health Care Service / Service Establishment
    • Trillium Construction / Employment Agency

    Property Details for 8632 Fredericksburg Rd

    Year built
    1982
    Lot size
    1.64 lot acres
    Property size
    29,892 SF
    Property type
    Office properties & Spaces
    APN
    12858-000-0411
    APU
    128580000411

    Description

    Galaxy Plaza I, a single two-story building totaling 27,195 square feet, presents a fantastic opportunity for businesses seeking office space in San Antonio, Texas. Located at 8632 Fredericksburg Rd, Bexar County, zip code 78240, this traditional office building offers multiple tenancy options within its 23 suites. Available spaces range from 506 to 1,344 square feet, catering to a variety of business needs. The property has recently undergone renovations, boasting modern flooring, updated lighting fixtures, upgraded restrooms, and modernized elevators. Its convenient location at the intersection of Fredericksburg Rd and Wurzbach Rd provides easy access to major thoroughfares like IH-10 and Loop 410, ensuring seamless commutes for employees. The surrounding area offers a tranquil garden-like atmosphere, while also being within walking distance of numerous restaurants and retail establishments. This property is ideal for businesses seeking a blend of modern amenities, convenient location, and a pleasant work environment. The building's address is easily accessible and well-situated within the San Antonio business landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,733,000
      Market price range: $3.73M - $14.1M

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.573
    Latitude
    29.5218
    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
    $52,043
    $799,850
    $1,466,150
    $2,266,000
    -
    $799,850
    $1,466,150
    $2,266,000

    Comparable in this City

    • Value Estimation
      $2,400,000
      11,083 SF

      10007 Huebner Rd

      OFFICE (GENERAL) • 11,083 SF
      10007 Huebner Rd, San Antonio, TX 78240-1640
      View Details
    • Value Estimation
      $4,700,000
      17,640 SF

      4903 Golden Quail

      OFFICE (GENERAL) • 17,640 SF
      4903 Golden Quail, San Antonio, TX 78240-1584
      View Details
    • Value Estimation by Request
      1,470 SF

      4903 Golden Quail

      OFFICE (GENERAL) • 1,470 SF
      4903 Golden Quail, San Antonio, TX 78240-1584
      View Details
    • Value Estimation by Request
      1,470 SF

      4903 Golden Quail

      OFFICE (GENERAL) • 1,470 SF
      4903 Golden Quail, San Antonio, TX 78240-1584
      View Details
    • Value Estimation
      $1,395,000
      7,000 SF

      4926 Golden Quail

      OFFICE (GENERAL) • 7,000 SF
      4926 Golden Quail, San Antonio, TX 78240-1540
      View Details
    • Value Estimation by Request
      2,300 SF

      8627 Cinnamon Crk Dr

      OFFICE (GENERAL) • 2,300 SF
      8627 Cinnamon Crk Dr, San Antonio, TX 78240-1480
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      26,800 SF

      Fredericksburg Road Office Building

      Office building with prominent signage and ample parking.
      8706 Fredericksburg Rd, San Antonio, TX 78240
      View Details
    • Contact for pricing
      23,028 SF

      Established Office and Retail Campus

      Office and retail campus in active northwest San Antonio submarket.
      8607 Wurzbach Rd, San Antonio, TX 78240
      View Details
    • Contact for pricing
      4,200 SF

      Turnkey Surgery Center Condo

      Surgery center condo near San Antonio's medical corridor.
      7272 Wurzbach Rd, San Antonio, TX 78240
      View Details
    • Contact for pricing

      Medical Office Condo Investment

      Medical office condo near South Texas Medical Center.
      4903 Golden Quail, San Antonio, TX 78240
      View Details
    • $409,000
      1,825 SF

      Medical Office Space Available

      Prime medical center location with multiple offices and restrooms.
      9386 Huebner Rd, San Antonio, TX 78240
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr

      Office Space for Lease

      Office space available for lease at 9000 Wurzbach Rd.
      9000 Wurzbach Rd, San Antonio, TX 78240
      View Details
    • Contact for pricing

      Modern Flexible Office Space

      Private offices with shared amenities in a convenient location.
      8637 Fredericksburg Rd, San Antonio, TX 78240
      View Details
    • $14 SF/Yr
      4,543 SF

      Wurzbach Road Office Space Available

      Office space available for rent on Wurzbach Road.
      9000 Wurzbach Rd, San Antonio, TX 78240
      View Details
    • Contact for pricing

      Huebner Creek Medical/Office Space

      Class A medical/office space near South Texas Medical Center.
      9819 Huebner Rd, San Antonio, TX 78240
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available, first generation, can be demised.
      8554 Huebner Rd, San Antonio, TX 78240
      View Details
    • Contact for pricing

      Refurbished Office Space Available

      Revitalized office space near Medical District with modern amenities.
      8632 Fredericksburg Rd, San Antonio, TX 78240
      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.
    8632 Fredericksburg Rd
    San Antonio, TX 78240
    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
    8632 Fredericksburg Rd, San Antonio, TX, 78240
    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!