128 Vision ParkShenandoah, TX 77384

Property Details for 128 Vision Park

Year built

2014

Lot size

5.00 AC

Property size (Sq ft)

75,120 SF

Property type

Medical offices

Property subtype

Medical centers

APN

8248-00-00100

APU

82480000100

Description

This exceptional three-story, Class B medical office building, totaling 75,000 square feet, presents a unique investment opportunity in the thriving Shenandoah, Texas market. Located at 128 Vision Park, this property boasts a prime location near The Woodlands Hospitals & Medical District, ensuring high visibility and convenient access for patients and staff. Built in 2014, the building offers multiple tenancy options, with spaces ranging from a minimum of 926 square feet to a maximum contiguous space of 3,313 square feet. Currently, there are 14,436 square feet of vacant space available, providing flexibility for various medical practices or businesses. The property sits on a generous 5-acre lot and includes ample parking with 299 spaces to accommodate patients and staff. The building's design and amenities cater specifically to medical office needs, making it an ideal location for a variety of healthcare providers. Its strategic location in Montgomery County, Texas, offers easy access to major roadways and a robust local economy. This is a rare opportunity to acquire a well-maintained, modern medical office building in a high-demand area. The building's size and layout offer significant potential for growth and expansion. Contact us today to learn more about this exceptional property and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $20,650,312

  6.5%

  $19,061,826

  7%

  $17,700,266

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,188,643

  Geo Method

  $22,490,176

• Alternative Use

  Use

  Valuation

  Residential

  $23,636,664

  Hospitality

  $21,651,058

  Educational

  $18,013,426

  Medical

  $18,632,934

  Retail

  $28,020,884

Location Insight

City

Shenandoah

County

Montgomery

State

Texas

Latitude

30.1911

Longitude

-95.4614

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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