121 Vision Park BlvdShenandoah, TX 77384

  • Office buildings
  • 56,028 SF
For Lease
$27/SF/YR View listing

Property Details for 121 Vision Park Blvd

Year built
2018
Lot size
3.50 AC
Property size (Sq ft)
56,028 SF
Property type
Office buildings
APN
9446-03-00120
APU
94460300120

Description

This exceptional three-story medical office building, constructed in 2019, offers a prime opportunity for healthcare professionals seeking flexible and modern space in the thriving Shenandoah, Texas market. Located at 121 Vision Park Blvd, this 58,000 square foot building boasts ample parking with 1,000 spaces available. The property sits on a 3.49-acre lot in Montgomery County, offering convenient access and visibility. Multiple tenancy options are available, with suites ranging from a minimum of 2,990 square feet to a maximum contiguous space of 7,677 square feet, catering to various practice sizes and needs. The building's strategic location provides unparalleled access to major medical facilities, including CHI St. Luke’s Health The Woodlands Hospital, Texas Children’s Hospital The Woodlands, Houston Methodist The Woodlands Hospital, and Memorial Herman The Woodlands Hospital, as well as convenient proximity to Town Center, Research Forest, and Hughes Landing. This is an ideal location for medical practices seeking high visibility and convenient access for patients and staff. The building's modern design and ample parking ensure a comfortable and efficient environment for both patients and staff. This opportunity presents a rare chance to establish or expand a medical practice in a highly desirable and rapidly growing area. Contact us today to learn more about available suites and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,401,966
    6.5%
    $14,217,199
    7%
    $13,201,685
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,582,552
    Geo Method
    $16,774,223
  • Alternative Use

    Use
    Valuation
    Residential
    $17,629,326
    Hospitality
    $16,148,368
    Educational
    $13,435,253
    Medical
    $13,897,312
    Retail
    $20,899,282

Location Insight

City
Shenandoah
County
Montgomery
State
Texas
Latitude
30.1895
Longitude
-95.46
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
2024
$158,498
$1,979,980
$8,320,380
$10,300,360
-
$1,979,980
$8,320,380
$10,300,360

FAQs

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