Freestanding Medical/Professional Office
10830 Grant Rd, Houston, TX 77070
For Sale
Contact for pricing
Pending
Veterinary clinic with redesign potential in Cypress/290 area.
Property Size2,853 SF
Days on Market266
Property Features for 10830 Grant Rd
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
Revillo Real Estate
Listed By:
Tammy Canon · License TX #662393
Source:
Crexi
Added: Feb 20
Changed: Nov 1
Last Checked: Nov 12 at 4:14AM
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 Revillo Real Estate
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Investment Insights
Based on property information with market context.
This freestanding medical/professional office building, currently operating as a longstanding veterinary clinic, is located in the Cypress/290 area. The 2,853 square foot property features a large waiting room with skylights, a reception area, and a restroom. It includes three treatment rooms, each equipped with sinks, and one with a lift table. The structure also accommodates an operating room, radiology area, kennel area, grooming area, a full-size bathroom with a shower for personnel, a lab area, a laundry area, an isolation area, a break room, and two offices. The property's layout and features offer viable potential for multiple uses with redesign. The location provides work/life balance, situated across Grant Road from Matzke Park, which offers family-friendly amenities such as a playground, butterfly garden, cricket field, and paved trails for walking and biking. Numerous restaurants are located in the area.
Key Highlights
- Freestanding medical/professional office building, currently operating as a Veterinary Clinic.
- Optimal location across from Matzke Park, offering work/life balance with family‑friendly amenities and trails.
- Equipped with specialized areas including treatment rooms (with sinks, one with lift table), OR, Radiology, Kennel, Grooming, Isolation, and Lab areas.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,277
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,540
$665.5K
Cap Rate 7%
$475,386
$475.4K
Cap Rate 9%
$369,744
$369.7K
Market Conditions
NOI Build-Up for 2,853 SF
Gross rent
$61.6K $21.60/SF
− Vacancy
−$17.3K −$6.05/SF
EGI
$44.4K $15.55/SF
− OpEx
−$11.1K −$3.89/SF
NOI
$33.3K $11.66/SF
Area
Houston, TX
Vacancy
28.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,540
Cap Rate 7%
$475,386
Cap Rate 9%
$369,744
Alternative Uses
Best Use
Healthcare Medical
$554.6K
$485.3K – $647.1K
NOI $38,824 @ 7.0% cap · market cap 9.73%
Second Best
Office B
$475.4K
$416.0K – $554.6K
NOI $33,277 @ 7.0% cap · market cap 8.34%
Theoretical Best
Office A
$733.6K
$641.9K – $855.9K
NOI $51,354 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 77070, TX
52,943
Population
23,272
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
91%
High-School Grad
13.0 sq mi
ZIP Area
4,073
Density / Sq Mi
$72,440
Median Household Income
$44,073
Median Earnings
$1,571
Median Rent
$264,300
Median Home Value
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Market
Properties on Market for Medical Office Space in Houston
Vacancy Rate% for Office in Houston, TX
Similar Off Market Nearby
- Equine Medicine Billing — 10605 Grant Rd, Houston, TX 77070
- Grant Road Animal Clinic — 10830 Grant Rd, Houston, TX 77070
- Tracy Animal Hospital — 11500 Grant Rd, Cypress, TX 77429
Frequently Asked Questions
What type of property is this?
Medical Office Space - Veterinary clinic with redesign potential in Cypress/290 area.
Where is this medical office space located?
The property is located at 10830 Grant Rd Houston, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Freestanding medical/professional office building, currently operating as a Veterinary Clinic.; Optimal location across from Matzke Park, offering work/life balance with family‑friendly amenities and trails.; Equipped with specialized areas including treatment rooms (with sinks, one with lift table), OR, Radiology, Kennel, Grooming, Isolation, and Lab areas.
