6628 Wilcrest DrHouston, TX 77072

Property Details for 6628 Wilcrest Dr

Year built

2005

Construction

CONCRETE BLOCKS

Lot size

1.46 AC

Property size (Sq ft)

27,396 SF

Property type

Retail properties

Property subtype

Strip malls

APN

1125040000003

APU

1125040000003

Description

Lac Hong Square offers exceptional medical office space in a vibrant, high-traffic location. This 21,000 square foot, multi-tenant building, constructed in 2005, features a diverse and desirable tenant mix, including Enterprise and Anchor by Lac Hong Adult Day Care Center. The property is ideally suited for a variety of medical professionals, including dentists, chiropractors, and other healthcare providers, as well as law firms or other professional services. Individual suites range from a minimum of 1,400 square feet to a maximum contiguous space of 5,000 square feet, offering flexibility to accommodate various business needs. The building boasts a convenient location near residential areas, ensuring high visibility and accessibility for patients and clients. Low maintenance costs and a strong tenant base contribute to a stable and attractive investment opportunity. The property's design and amenities are well-maintained, reflecting a commitment to providing a professional and comfortable environment. Currently, one space is available, offering a fully built-out 5,000 square foot option ready for immediate occupancy. This presents a rare opportunity to establish or expand a practice in a thriving community. The high traffic area and proximity to residential neighborhoods guarantee a steady stream of potential clients. Don't miss this chance to secure your ideal medical office space in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,247,797

  6.5%

  $7,613,351

  7%

  $7,069,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,204,446

  Geo Method

  $20,669,262

• Alternative Use

  Use

  Valuation

  Residential

  $6,422,146

  Hospitality

  $5,882,652

  Educational

  $4,894,297

  Medical

  $5,062,620

  Retail

  $7,613,351

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7069

Longitude

-95.5718

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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