This exceptional 10,436 square foot, Class B medical office building, built in 2008, is available for $1,995,000 ($191.17/SF). Located at 13920 Osprey Court, Unit C & D, Webster, TX 77598, this two-story property offers a highly functional layout ideal for immediate occupancy. The first floor features multiple procedure rooms designed for medical practices, while the second floor provides ample space for administrative functions. This turnkey property benefits from a strong surrounding medical demand and convenient access to major freeways. Situated within the Houston MSA, a thriving hub for the life sciences and energy sectors, this location offers unparalleled access to a vast network of healthcare resources and a robust patient base. The property is currently vacant, presenting a unique opportunity for healthcare providers or investors seeking a move-in ready facility in a high-growth area. This is a rare chance to acquire a well-designed, strategically located medical office building ready to accommodate a thriving practice. The building's efficient floor plan and prime location make it an attractive investment opportunity in a dynamic market.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$563,205
6.5%
$519,881
7%
$482,747
Comparable approach
Method
Valuation
Relative Method
$406,476
Geo Method
$823,322
Alternative Use
Use
Valuation
Residential
$644,653
Hospitality
$590,498
Educational
$491,288
Medical
$508,184
Retail
$764,225
Location Insight
City
Webster
County
Harris
State
Texas
Latitude
29.5783
Longitude
-95.158
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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