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
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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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