For Sale
$4,600,000

9920 Cypresswood DrHouston, TX 77070

Turnkey ASC, prime location, expansion potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This 12,172 sq ft Class B medical office building, built in 1994 and renovated in 2018, is located in Houston, Texas at 9920 Cypresswood Dr, 77070. The property sits on a 1.69-acre lot and offers 3.28 parking spaces per 1,000 sq ft. Currently vacant, it's zoned commercial and features a single-story building. The asking price is $4,600,000 ($377.92/sq ft). This turnkey ambulatory surgery center includes an active and transferable Texas Health & Human Services ASC license. Its convenient location off Highway 249, near Houston Methodist and St. Luke's Hospitals, ensures strong potential clientele. The property also includes additional land for expansion, allowing for the construction of more operating rooms to meet growing demand. A new roof, installed in 2021, comes with a 20-year transferable warranty. This presents a compelling investment opportunity in Houston's thriving healthcare market.

Highlights

  • Turnkey surgical facility with transferable THHS license.
  • Prime healthcare location with Highway 249 access, near major hospitals.
  • Expandable facility with additional land and build-out space for ORs.
  • New roof installed in 2021, 20-year transferable warranty.

Property Details for 9920 Cypresswood Dr

Property type
Office properties, Medical offices
Square Feet
12,172 SF
Class
B
Year Built/Renovated
1994/2018
Buildings
1
Stories
1
Lot Size (sq. ft)
73,616 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.982441143268
Longitude
-95.564524687014
9920 Cypresswood Dr, Houston, Texas

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9920 Cypresswood Dr
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