800 Peakwood DrHouston, TX 77090

Property Details for 800 Peakwood Dr

Year built

1984

Construction

STEEL FRAME

Lot size

1.99 AC

Property size (Sq ft)

106,970 SF

Property type

Medical offices

Property subtype

Medical centers

APN

1169590000015

APU

1169590000015

Description

This exceptional Class A medical office building, located at 800 Peakwood Drive in Houston, Texas, 77090, offers a unique opportunity for medical professionals. The eight-story building, constructed in 1984, boasts a total of 98,105 square feet, with a significant 52,864 square feet currently available for lease. The property sits on an 86,684 square foot lot and features ample parking with a ratio of 3.57 spaces per 1,000 square feet. The building's prime location offers convenient access to I-45, Springwoods Village, and The Woodlands. A key advantage is its direct connection to HCA Houston Healthcare Northwest via a skybridge, providing seamless access to hospital services and fostering a collaborative medical environment. The building is categorized as a multi-tenant property, suitable for a variety of medical practices. Available space ranges from 897 square feet to the entire 52,864 square feet of vacant space. This is an unparalleled opportunity to establish or expand your medical practice in a thriving Houston location. Inquire today about special lease incentives, including up to one year of free rent.

• CAP approach

  CAP return

  Valuation

  6%

  $29,405,802

  6.5%

  $27,143,816

  7%

  $25,204,972

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,204,462

  Geo Method

  $32,025,748

• Alternative Use

  Use

  Valuation

  Residential

  $33,658,332

  Hospitality

  $30,830,852

  Educational

  $25,650,906

  Medical

  $26,533,082

  Retail

  $39,901,412

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

30.0223

Longitude

-95.4435

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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