This exceptional Class A medical office building, located at 24668 Kingsland Blvd in Katy, Texas 77494, presents a unique opportunity for medical professionals seeking a turnkey space. Built in 2013, the 1,672 square foot single-tenant building boasts a modern design and high-quality finishes. The entire space is currently vacant, providing immediate occupancy for a new tenant. The building features an impressive 11-foot ceiling height, creating a spacious and comfortable environment. Ample parking is available with 8 designated spaces. Its central Katy location offers convenient access for patients and staff alike. The property is well-maintained and ready for immediate use, eliminating the need for extensive renovations or upgrades. This is an ideal opportunity to establish or relocate a medical practice in a thriving community. The property's prime location and modern amenities make it an attractive option for a variety of medical specialties. The building's single-tenant occupancy ensures privacy and control over the space. Don't miss this chance to secure this exceptional medical office space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$436,492
6.5%
$402,916
7%
$374,136
Comparable approach
Method
Valuation
Relative Method
$245,352
Geo Method
$468,246
Alternative Use
Use
Valuation
Industrial / Distribution
$785,650
Retail / Commercial
$404,365
Mixed-Use / Specialty
$404,095
Hospitality / Lodging
$297,998
Institutional / Educational
$420,515
Residential Income
$492,003
Multifamily
$583,583
Automotive / Energy
$360,442
Parking / Income-Based Land
$123,226
Restaurant / Food Service
$212,675
Healthcare / Senior Housing
$413,190
Location Insight
City
Katy
County
Harris
State
Texas
Latitude
29.7744
Longitude
-95.7982
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Kingsland Blvd Katy, TX 77494
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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