7015 Barker Cypress RdCypress, TX 77433

Property Details for 7015 Barker Cypress Rd

Year built

2011

Construction

BRICK

Lot size

1.29 AC

Property size (Sq ft)

13,030 SF

Property type

Medical offices

Property subtype

Medical centers

APN

1199430010008

APU

1199430010008

Description

This exceptional 11,550-square-foot medical office building, located at 7015 Barker Cypress Rd in Cypress, Texas, presents a unique opportunity for a single tenant. Situated on a 1.295-acre lot in Harris County, this property boasts ample parking with 92 spaces, ensuring convenient access for patients and staff. The entire building is currently vacant, offering a blank canvas for a discerning medical practice to establish its ideal space. The property's single-tenant occupancy provides a streamlined operational environment, eliminating the complexities of multi-tenant management. The building's substantial size allows for a wide range of medical specialties and configurations, accommodating diverse needs and future expansion plans. Its prime location in Cypress, Texas, offers excellent visibility and accessibility, ensuring a strong patient base. The property's address is 7015 Barker Cypress Rd, Cypress, TX 77433. This is a rare opportunity to secure a substantial, well-located medical office building in a thriving community. The property is ready for immediate occupancy. The building's size and parking capacity make it suitable for a large practice or a multi-disciplinary medical facility. This is an excellent investment opportunity for a medical professional or group seeking to establish or expand their practice in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,668,566

  6.5%

  $2,463,291

  7%

  $2,287,342

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,925,955

  Geo Method

  $3,901,052

• Alternative Use

  Use

  Valuation

  Residential

  $3,054,481

  Hospitality

  $2,797,888

  Educational

  $2,327,810

  Medical

  $2,407,867

  Retail

  $3,621,038

Location Insight

City

Cypress

County

Harris

State

Texas

Latitude

29.8813

Longitude

-95.6839

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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