2813 Smith Ranch RdPearland, TX 77584
- Healthcare properties
- 10,620 SF
Property Details for 2813 Smith Ranch Rd
- Year built
- 2005
- Lot size
- 4.05 AC
- Property size (Sq ft)
- 10,620 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 0304-0010-140
- APU
- 3040010140
Description
This exceptional 10,623-square-foot medical office building, situated on a spacious 4.05-acre lot in Pearland, Texas, presents a remarkable investment opportunity. Currently vacant, this Class B, single-story building is a fully operational, turnkey ambulatory surgery center (ASC) complete with an operating room and procedure room. A transferable state license ensures immediate functionality, eliminating lengthy setup delays. Built in 2005, the property boasts significant recent upgrades, including a new HVAC system and roof (both installed in 2021 and covered by warranties), minimizing future maintenance expenses. The strategic location within the Pearland MSA offers unparalleled access to a thriving medical market, complemented by nearby advanced facilities like Memorial Hermann Pearland Hospital and Pearland Surgery Center. This prime location, combined with the ample land, provides significant potential for future expansion or additional development, making this a highly attractive investment for medical professionals seeking a ready-to-use facility in a rapidly growing area. The asking price is $4,565,000, with a price per square foot of $429.73. The property's address is 2813 Smith Ranch Rd, Pearland, TX 77584.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,174,994
- 6.5%
- $2,007,686
- 7%
- $1,864,280
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,569,735
- Geo Method
- $3,179,522
-
Alternative Use
- Use
- Valuation
- Residential
- $2,489,531
- Hospitality
- $2,280,397
- Educational
- $1,897,264
- Medical
- $1,962,514
- Retail
- $2,951,299
Location Insight
- City
- Pearland
- County
- Brazoria
- State
- Texas
- Latitude
- 29.5595
- Longitude
- -95.3829
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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