10905 Memorial Hermann DrPearland, TX 77584

  • Commercial real estate
  • 19.57 AC

Property Details for 10905 Memorial Hermann Dr

Lot size
19.57 AC
Property type
Commercial real estate
APN
7498-0002-001
APU
74980002001

Description

This exceptional Class A medical office building, Pearland Medical Plaza I, presents a unique investment opportunity in the thriving Pearland, Texas market. Located at 10905 Memorial Hermann Dr, 77584, this two-story building boasts a total of 79,925 square feet and offers multiple tenancy options. Built in 2006, the property features a convenient location on the Memorial Hermann Pearland Hospital campus, providing immediate access to a significant patient base. The building includes 19,393 square feet of immediately available space, with minimum divisible units of 1,498 square feet and a maximum contiguous space of 5,582 square feet. Amenities include elevators and ample parking, with a ratio of 2.19 spaces per 1,000 square feet. The building benefits from an excellent tenant mix and is situated near a variety of restaurants and shopping centers, enhancing its appeal and convenience. This property is situated in Brazoria County and offers a highly desirable location within a rapidly growing medical corridor. The building's Class A designation reflects its high-quality construction and modern features, making it an attractive option for medical professionals seeking a prestigious and well-equipped workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $199,843,248
    Hospitality
    $183,055,344
    Educational
    $152,299,888
    Medical
    $157,537,728
    Retail
    $236,910,944

Location Insight

City
Pearland
County
Brazoria
State
Texas
Latitude
29.5624
Longitude
-95.3895
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
2018
$366,293
$12,190,810
-
$12,190,810
-
$12,190,810
-
$12,190,810

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