201 Kingwood Medical DrHouston, TX 77339

Property Details for 201 Kingwood Medical Dr

Year built

2005

Lot size

2.72 AC

Property size (Sq ft)

29,690 SF

Property type

Medical offices

Property subtype

Medical centers

APN

6438-00-00102

APU

64380000102

Description

This exceptional single-story medical office building, the Kingwood Executive Center, offers a prime opportunity for healthcare professionals seeking flexible and modern space in Houston's thriving Kingwood area. Located at 201 Kingwood Medical Drive, 77339, in Montgomery County, Texas, this Class B building boasts a total of 29,690 square feet, constructed in 2006. Currently, there are multiple suites available for lease, ranging from a minimum of 1,503 square feet to a maximum contiguous space of 2,325 square feet. A total of 5,808 square feet is currently vacant, providing ample opportunity for expansion or relocation. The building's design caters to the needs of medical practices, offering efficient layouts and convenient amenities. The property is ideally situated in a high-traffic area with excellent visibility and accessibility, ensuring a strong patient base. This is a rare opportunity to secure high-quality medical office space in a desirable location. The building's single-story design provides easy navigation and accessibility for patients and staff. Interested parties should inquire about available suite sizes and lease terms. The property is conveniently located in Houston, Texas, offering easy access to major roadways and a vibrant community.

• CAP approach

  CAP return

  Valuation

  6%

  $8,161,711

  6.5%

  $7,533,888

  7%

  $6,995,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,607,838

  Geo Method

  $8,888,889

• Alternative Use

  Use

  Valuation

  Residential

  $9,342,020

  Hospitality

  $8,557,240

  Educational

  $7,119,524

  Medical

  $7,364,375

  Retail

  $11,074,814

Location Insight

City

Kingwood

County

Montgomery

State

Texas

Latitude

30.0466

Longitude

-95.2569

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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