Medical District Office-Retail
For Sale
Contact for pricing
1113 W Baker Rd, Baytown, TX 77521
Well-maintained building in Baytown’s medical district with access to major routes and close to Houston Methodist Baytown.
Property Size5,100 SF
Price / SF$215.69
Days on Market939
Property Features for 1113 W Baker Rd
General Information
Standard status
Active
Size
5,100 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
Claire Sinclair Properties, LLC
(281) 424-0333
Listed By:
Wade Sinclair
(713) 628-1671
Source:
Moodyscre
Added: Apr 5, 2024
Changed: Oct 25
Last Checked: Oct 28 at 10:49AM
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 Claire Sinclair Properties, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This well-maintained building is suited for office, retail, or investment use, offering flexibility for a range of commercial occupancy plans. The property totals approximately 5,100 square feet.
Located in Baytown’s medical district, the building provides convenient access to Garth Rd., Spur 330, and N. Main St. It is approximately 0.17 miles from Houston Methodist Baytown hospital.
Additional details on specific unit configuration, leasing terms, or allowable uses were not provided; please contact the broker for more information.
Located in Baytown’s medical district, the building provides convenient access to Garth Rd., Spur 330, and N. Main St. It is approximately 0.17 miles from Houston Methodist Baytown hospital.
Additional details on specific unit configuration, leasing terms, or allowable uses were not provided; please contact the broker for more information.
Key Highlights
- Well‑maintained building in Baytown’s medical district.
- Convenient access to Garth Rd., Spur 330, and N. Main St.
- Approximately 0.17 miles from Houston Methodist Baytown hospital.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,801
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,020
$1.3M
Cap Rate 7%
$954,300
$954.3K
Cap Rate 9%
$742,233
$742.2K
Market Conditions
NOI Build-Up for 5,100 SF
Gross rent
$117.5K $23.04/SF
− Vacancy
−$28.4K −$5.58/SF
EGI
$89.1K $17.46/SF
− OpEx
−$22.3K −$4.37/SF
NOI
$66.8K $13.10/SF
Area
Harris County, TX
Vacancy
24.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,020
Cap Rate 7%
$954,300
Cap Rate 9%
$742,233
Alternative Uses
Best Use
Office B
$954.3K
$835.0K – $1.11M
NOI $66,801 @ 7.0% cap · market cap 6.07%
Second Best
Retail
$865.7K
$757.5K – $1.01M
NOI $60,597 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,479 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,606
Businesses Nearby
Explore this area
Business Placement
Demographics for 77521, TX
65,058
Population
25,131
Households
2.6
Avg Household Size
33
Median Age
18%
College-Educated
82%
High-School Grad
49.3 sq mi
ZIP Area
1,320
Density / Sq Mi
$76,012
Median Household Income
$45,522
Median Earnings
$1,312
Median Rent
$220,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained building in Baytown’s medical district with access to major routes and close to Houston Methodist Baytown.
Where is this office building located?
The property is located at 1113 W Baker Rd Baytown, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Well‑maintained building in Baytown’s medical district.; Convenient access to Garth Rd., Spur 330, and N. Main St.; Approximately 0.17 miles from Houston Methodist Baytown hospital.
