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Property profile & analytics
FOR LEASE
Medical Office Space
8637 Fredericksburg Rd San Antonio, TX 78240
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-2151683
For Lease
1 / 6
$36 SF/Yr
8637 Fredericksburg Rd, San Antonio, TX 78240
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Total area
21,600 SF
Lot
7.02 ac (305,791 SF)
APN
16350-002-0140
UPID
US82-2151683
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
-
Dr. Brad Nguyen DC Alternative Medicine Practice
-
Dr. Gregory Lilly Physician
-
Dr. Michael Kruczek Physician
-
Dr. Christine Hernandez Pediatrician Physician
-
Madan Reecha MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.03M
Owner & transaction history
Mcardle Gomez Properties LLC · 2 yrs held
Mcardle Gomez Properties LLC
since 2024
7 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
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,435,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$48 / 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
$112,537
Tax year 2023
Assessed value
$4,900,000
Assessed 2023
Previous assessed
$4,900,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$3,831,560
Assessed improvement
$1,068,440
Land market value
$3,831,560
Improvement market value
$1,068,440
Total market value
$4,900,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1986
Heating
CENTRAL
Cooling
YES
Buildings
4
Stories
1
Total area
21,600 SF
Lot
7.02 ac (305,791 SF)
APN
16350-002-0140
UPID
US82-2151683
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
OFFICE BUILDING
Est. value
$1.4M
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
1986
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Lot
7.02 ac
Current owner
From public records · entity-resolved
Mcardle Gomez Properties LLC
Entity
Mailing address
5353 W ALABAMA ST STE #200, HOUSTON, TX 77056-5935
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2024
—
Mcardle Gomez Properties LLC
Be Fredericksburg Square Realty Ltd
Special Warranty Deed
—
Jun 2, 2023
—
Be Fredericksburg Square Realty Ltd
—
Deed
related
$7,250,000 · Origin Bank
Dec 29, 2021
—
Be Fredericksburg Square Realty Ltd
Fredericksburg Square Joint Venture
Special Warranty Deed
$2,150,000 · Frost Bank
—
—
Stephen L Golden
—
Loan Modification
related
$800,000 · Frost Bank
—
—
Fredericksburg Square
—
Deed Of Trust
related
$800,000 · Frost National Bank
—
—
Fredericksburg Square Joint
—
Deed Of Trust
related
$600,000 · Downtown San Antonio Financial
—
—
Fredericksburg Square
—
Deed Of Trust
related
$600,000 · Frost National Bank
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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