Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    14615 Medical Complex Dr Tomball, TX 77377

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,100,000

    5-acre industrial tract with highway access near Tomball, Texas.

    Source: Remaxcommercial

    Listing Agent: Patrick Buckhoff, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tomball Industrial Tract For Sale

    This 5-acre industrial tract is located just outside the Tomball city limits. The property has immediate access to SH 249 (less than 1 minute) and quick connections to FM 2920, Grand Parkway (99), Beltway 8, US 290, and I-45. The site is mostly cleared and ready for development, with room for a building, outside storage or laydown yard, and required on-site detention. Situated outside the 500-year floodplain, the property allows for more favorable detention requirements. It is suitable for warehouse, distribution, fabrication, or service industry uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tomball
    County
    Harris
    State
    Texas
    Longitude
    -95.643503
    Latitude
    30.082937

    Nearby Similar for Sale

    • $995,000
      1,222 SF

      Tomball Office Building on Main

      Remodeled office building in the heart of Tomball, Texas.
      724 W Main St, Tomball, TX 77375
      View Details
    • $999,999
      5,074 SF

      Tomball Showroom with Warehouse Space

      Showroom with warehouse in high-traffic retail corridor, across from H-E-B.
      1404 Main St, Tomball, TX 77375
      View Details
    • $595,000
      2,677 SF

      Tomball Warehouse with Office Space

      Versatile warehouse near downtown Tomball with secure, accessible features.
      14510 Mary Jane Ln, Tomball, TX 77377
      View Details
    • $575,000
      1,820 SF

      Renovated Tomball Building on Main

      Fully renovated building suitable for retail, medical, or office tenants.
      819 E Main St, Tomball, TX 77375
      View Details
    • $1,750,000
      2,348 SF

      Unrestricted Live/Work Opportunity in Tomball

      Metal building with house, pool, and unrestricted potential.
      12943 Spring Cypress Rd, Tomball, TX 77377
      View Details
    • Contact for pricing
      114,400 SF

      Industrial Development Near TX-249

      114,400 SF industrial park east of TX-249.
      1523 S Persimmon St, Tomball, TX 77375
      View Details
    • $995,000

      Tomball Commercial Property For Sale

      Income-producing commercial property leased to DeNovo Coffee Company.
      520 W Main St, Tomball, TX 77375
      View Details
    • Contact for pricing
      7,200 SF

      Tomball Parkway Commercial Property

      7,200 SF building on 2.957 acres with highway frontage.
      24030 Tomball Pkwy, Tomball, TX
      View Details
    • Contact for pricing
      325,219 SF

      Tomball Warehouse with Highway Frontage

      Ready for immediate occupancy, divisible warehouse with highway visibility.
      26003 State Highway 249, Tomball, TX 77375
      View Details
    • Contact for pricing
      13,125 SF

      Tomball Warehouse Near Grand Parkway

      13,125 SF warehouse near Hwy 249 and Grand Parkway.
      21431 Hufsmith - Kohrville Rd, Tomball, TX
      View Details
    • Contact for pricing
      7,700 SF

      Tomball Warehouse with Storage Yard

      7,700 SF warehouse with fenced outside storage in Tomball.
      15034 Boudreaux Rd, Tomball, TX 77377
      View Details
    • Contact for pricing
      7,700 SF

      Tomball Warehouse with Storage Yard

      7,700 SF warehouse with fenced outside storage in Tomball.
      15044 Boudreaux Rd, Tomball, TX 77377
      View Details

    FAQs

    What type of property is this?
    Industrial land - 5-acre industrial tract with highway access near Tomball, Texas.
    Where is this industrial land located?
    The property is located at 14615 Medical Complex Dr Tomball, 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: - Immediate access to SH 249 (less than 1 minute) and quick connections to major highways.; - Located outside the 500-year floodplain, resulting in more favorable detention requirements and reduced construction costs.; - 5-acre industrial tract suitable for warehouse, distribution, fabrication, or service industry.
    (832) 560-2100
    Request Owner's contact information
    14615 Medical Complex Dr Tomball, TX 77377
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14615 Medical Complex Dr
    Tomball, TX 77377
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14615 Medical Complex Dr Tomball, TX 77377
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.