7900 Fannin StHouston, TX 77054

Property Details for 7900 Fannin St

Year built

2004

Construction

STEEL FRAME

Lot size

0.66 AC

Property size (Sq ft)

181,517 SF

Property type

Medical offices

Property subtype

Medical centers

APN

1252490010006

APU

1252490010006

Description

7900 Fannin Street in Houston, Texas, offers 35,167 square feet of vacant space in a Class B, four-story medical office building totaling 176,827 square feet. Built in 2004, this property features a modern upgraded lobby with multiple lounge/waiting areas, a restaurant, and an on-site imaging center. Security personnel are on-site for added peace of mind. The building boasts beautifully landscaped grounds with a grand covered entrance and a tranquil courtyard featuring sculptures and lush greenery. Convenient parking is provided with 660 spaces in an attached four-story garage. The location is highly desirable, situated adjacent to the Woman's Hospital of Texas (recognized by US News and World Report as one of "America's Best Hospitals" for Gynecology), and less than a mile from the Texas Medical Center. Public transportation is easily accessible via the METRORail Red Line, with a seven-minute walk to the Smith Lands station. Nearby amenities include the Shops at Kirby Drive, NRG Stadium, and Arena. Available spaces range from 955 to 10,417 contiguous square feet, making it suitable for a variety of medical practices. The property sits on 28.77 acres in Harris County, offering ample space and a prestigious address. This is an exceptional opportunity to secure high-quality medical office space in a thriving Houston location.

• CAP approach

  CAP return

  Valuation

  6%

  $37,174,984

  6.5%

  $34,315,368

  7%

  $31,864,272

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,829,898

  Geo Method

  $54,344,376

• Alternative Use

  Use

  Valuation

  Residential

  $42,551,056

  Hospitality

  $38,976,540

  Educational

  $32,428,024

  Medical

  $33,543,274

  Retail

  $50,443,592

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6934

Longitude

-95.403

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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