250 Blossom StWebster, TX 77598

Property Details for 250 Blossom St

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.65 AC

Property size (Sq ft)

115,771 SF

Property type

Medical offices

Property subtype

Medical centers

APN

1273260010002

APU

1273260010002

Description

This exceptional Class A medical office building, totaling 109,603 square feet, presents a unique leasing opportunity in Harris County. Constructed in 2006, the single, four-story building boasts a prime location on the UTMB Health Clear Lake Hospital campus, ensuring high visibility and convenient access. The property offers a diverse tenant mix, including family practice, internal medicine, and gastroenterology specialists. With 372 parking spaces, ample free surface parking is readily available for patients and staff. Leasable space ranges up to 7,386 contiguous square feet, making it suitable for a variety of medical practices. The building features elevators for easy accessibility throughout its four floors. Monument signage opportunities are available, providing excellent branding potential. The 17.75-acre site offers significant space and convenience. Its strategic location provides convenient access to Interstate 45, enhancing accessibility for patients and staff. This property represents a rare opportunity to secure high-quality medical office space in a thriving healthcare environment. The building's modern design and amenities, combined with its desirable location, make it an ideal choice for medical professionals seeking a prestigious and functional workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $23,710,092

  6.5%

  $21,886,240

  7%

  $20,322,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,112,028

  Geo Method

  $34,660,680

• Alternative Use

  Use

  Valuation

  Residential

  $27,138,938

  Hospitality

  $24,859,120

  Educational

  $20,682,496

  Medical

  $21,393,800

  Retail

  $32,172,772

Location Insight

City

Webster

County

Harris

State

Texas

Latitude

29.5444

Longitude

-95.1266

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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