12727 Kimberley LnHouston, TX 77024

  • Medical offices
  • 86,400 SF
For Lease
$36/SF/YR View listing

Property Details for 12727 Kimberley Ln

Year built
1972
Construction
BRICK
Lot size
1.50 AC
Property size (Sq ft)
86,400 SF
Property type
Medical offices
Property subtype
Medical centers
APN
401600000112
APU
401600000112

Description

This exceptional 3,344 square foot medical office building, located at 12727 Kimberley Lane in Houston, Texas, presents a unique opportunity for immediate occupancy. The entire space is currently vacant, offering flexibility for a single tenant or the potential to be subdivided for multiple occupants. Situated in Harris County, zip code 77024, this property boasts convenient access and ample parking with 10 spaces available. The building is classified as a medical office and is ideal for a variety of healthcare practices. The property's total square footage is 3,344 square feet, all of which is readily available for lease. A flexible sublease term is available, providing adaptability to suit various business needs. This turnkey solution eliminates the need for extensive renovations, allowing for a swift and efficient move-in process. The property's location in Houston offers excellent visibility and accessibility for patients and staff. This is an exceptional opportunity to secure a prime medical office space in a thriving Houston neighborhood. The property is ready for immediate occupancy, making it an attractive option for businesses seeking a quick and seamless transition. Interested parties are encouraged to inquire further to explore the possibilities this property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,694,864
    6.5%
    $16,333,720
    7%
    $15,167,026
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,770,722
    Geo Method
    $25,867,296
  • Alternative Use

    Use
    Valuation
    Residential
    $20,253,812
    Hospitality
    $18,552,384
    Educational
    $15,435,365
    Medical
    $15,966,211
    Retail
    $24,010,568

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.775
Longitude
-95.5581
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, 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
2022
$124,791
$3,267,000
$9,583,822
$12,850,822
-
$3,267,000
$9,583,822
$12,850,822

FAQs

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