21416 Provincial BlvdKaty, TX 77450

Property Details for 21416 Provincial Blvd

Year built

2010

Construction

BRICK

Lot size

0.07 AC

Property size (Sq ft)

1,350 SF

Property type

Office properties

Property subtype

Office buildings

APN

1246440010074

APU

1246440010074

Description

This exceptional investment opportunity presents two single-story medical office buildings totaling 2,473 square feet, situated on Provincial Boulevard in Katy, Texas. Built in 2010, this fully vacant property offers a unique chance for a single tenant to establish a prominent presence in a thriving Harris County location. The property consists of two separate buildings, each offering ample space for a variety of medical practices. With a total of 2,473 square feet of readily available space, this property is ideal for expansion or a new medical venture. The convenient location in Katy, Texas, zip code 77450, provides easy access for patients and staff. The property's single-tenant occupancy ensures a streamlined operational environment. This is a rare opportunity to acquire a fully vacant, modern medical office space in a high-demand area. The buildings are situated on a single lot, offering excellent visibility and accessibility. The property's 2010 construction ensures modern amenities and efficient layouts. This turnkey solution is perfect for a medical professional seeking a well-located, spacious, and ready-to-occupy office space. The property's location in Harris County, Texas, offers a strong market for medical services. This is a prime opportunity to establish or expand a medical practice in a desirable and growing community.

• CAP approach

  CAP return

  Valuation

  6%

  $332,442

  6.5%

  $306,869

  7%

  $284,950

• Comparable approach

  Method

  Valuation

  Relative Method

  $211,781

  Geo Method

  $404,176

• Alternative Use

  Use

  Valuation

  Residential

  $380,518

  Hospitality

  $348,553

  Educational

  $289,992

  Medical

  $299,965

  Retail

  $451,098

Location Insight

City

Katy

County

Harris

State

Texas

Latitude

29.7765

Longitude

-95.741

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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