Dialysis-Configured Medical
106 Cedar Street, Hearne, TX 77859
For Sale
Contact for pricing
Vacant healthcare premises on a 2.09-acre parcel offer an existing medical-use setting.
Property Size5,500 SF
Lot Size2.09 Acres
Price / SF$181.82
Days on Market47
Property Features for 106 Cedar Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Condition
Highway Access
Property Use
Medical Specialty
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Oldham Goodwin Group
Listed By:
Aaron Morris, CCIM · License #TX 642696
(713) 585-5715
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 4:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oldham Goodwin Group
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Investment Insights
Based on property information with market context.
This vacant medical office building contains 5,500 square feet and was constructed in 2008. Its prior use was as a dialysis facility, and the property is zoned Commercial. The 2.09-acre site is in Hearne, within Robertson County.
The property is two blocks from SH 6. Regional routes serving Hearne include US-79, US-190, and SH-6. The building is offered for sale or lease.
The property is two blocks from SH 6. Regional routes serving Hearne include US-79, US-190, and SH-6. The building is offered for sale or lease.
Key Highlights
- 5,500‑square‑foot medical office building on 2.09 acres
- Built in 2008; previously operated as a dialysis facility
- Zoned Commercial
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,332
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,446,640
$1.4M
Cap Rate 7%
$1,033,314
$1.0M
Cap Rate 9%
$803,689
$803.7K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$115.5K $21.00/SF
− Vacancy
−$19.1K −$3.47/SF
EGI
$96.4K $17.54/SF
− OpEx
−$24.1K −$4.38/SF
NOI
$72.3K $13.15/SF
Area
Robertson County, TX
Vacancy
16.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,446,640
Cap Rate 7%
$1,033,314
Cap Rate 9%
$803,689
Alternative Uses
Best Use
Office B
$1.03M
$904.2K – $1.21M
NOI $72,332 @ 7.0% cap · market cap 7.23%
Second Best
Healthcare Medical
$916.5K
$801.9K – $1.07M
NOI $64,152 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.35M
$1.19M – $1.58M
NOI $94,802 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77859, TX
7,131
Population
3,361
Households
2.1
Avg Household Size
39
Median Age
14%
College-Educated
82%
High-School Grad
156.8 sq mi
ZIP Area
45
Density / Sq Mi
$52,214
Median Household Income
$28,060
Median Earnings
$651
Median Rent
$160,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Vacant healthcare premises on a 2.09-acre parcel offer an existing medical-use setting.
Where is this medical office space located?
The property is located at 106 Cedar Street Hearne, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 5,500‑square‑foot medical office building on 2.09 acres; Built in 2008; previously operated as a dialysis facility; Zoned Commercial
