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Property profile & analytics
OFF-MARKET
Warehouses

11111 Jones W Rd Houston, TX 77065-3616

10,500 SF 0.8 ac lot Built 1982
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US82-3735627
Property summary
AI-generated overview

This 1,384-square-foot medical office condo in Houston, Texas, presents a lucrative investment opportunity. Located at 11111 Jones Rd, 77070, in Harris County, this property boasts five offices, a kitchen, a reception area, ample parking, and substantial storage space. The unit offers easy access to FM 1960 via Jones Rd. Currently, the front unit (1,384 SF) is available for lease at $3,250 per month, with tenants responsible only for electricity and internet. An adjacent, larger unit (1,922 SF) is under a five-year lease at $4,500 per month, generating significant passive income. This dual-income stream creates a compelling investment scenario with a gross potential rental income of $7,750 monthly. The entire property is also for sale at $850,000, offering a chance to own a thriving medical office complex in a prime Houston location. This property is ideal for owner-occupants seeking to establish their practice while benefiting from rental income or for investors looking for a strong cash-flow generating asset. The property's convenient location and well-designed layout make it an attractive option for a variety of medical professionals.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Construction CONCRETE BLOCKS
Total area 10,500 SF
Lot 0.8 ac (34,944 SF)
APN 450930000061
UPID US82-3735627
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Winning Smiles Dental (formerly known as Phyllis Tuthill, DDS, FAGD) Dental Office
  • Dr. James Watson Othodontics Dental Office
  • Dr. Rajasekhara R Yalamanchili Pediatrician Physician
  • Houston Dentist ( formerly known as Tuthill Dental Office) Dental Office
  • Nha Quynh Nguyen, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Neutrex INC · 10 yrs held
Neutrex INC
since 2016
3 recorded transactions
2016
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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