Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16545 Southwest Fwy Sugar Land, TX 77479

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Medical office building near Houston Methodist Sugar Land Campus.

    Property Features for 16545 Southwest Fwy

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Brandy Bellow Spinks
    Source: Cbre

    Listing Agent: Brandy Bellow Spinks

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

    Learn more

    Overview

    Class A Medical Office Building

    Town Center Medical is a Class A medical office building encompassing 29,903 square feet. The building features quality construction and design, incorporating state-of-the-art technology and aesthetically pleasing landscaping. The property is situated in Sugar Land, Texas, along the Southwest Freeway (I-69), in close proximity to FM 1960 and adjacent to the Houston Methodist Sugar Land Campus.
    Location Intelligence

    Current Use by Public Records

    Sanjeev J. Shah, ... Physician Laura van de ... Physician Dr. Sharon Williams Physician Vasudha Mantravadi, M.D. Physician CCRM Fertility of Sugarland Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    Veterinary Emergency Group

    Location Insight

    • Map
    • Local Demand
    City
    Sugar Land
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.6285065
    Latitude
    29.5911815

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Three Sugar Creek

      Discover many ways to work your way in Reston Town Center I
      3 Sugar Crk Ctr, Sugar Land, TX 77478
      View Details
    • Contact for pricing

      Town Square

      Flexible workspace in Las Colinas MacArthur
      2245 Texas Dr, Sugar Land, TX 77479
      View Details
    • Contact for pricing

      Williams Trace

      Meet, work or collaborate in our professional Columbia Center business center
      14090 Southwest Fwy, Sugar Land, TX 77478
      View Details
    • Contact for pricing

      TX, Sugar Land - Brisbane Ct

      Workspaces, services and support to help you work better in Downtown Alamo Corporate Center
      6920 Brisbane Ct, Sugar Land, TX 77479
      View Details
    • Sponsored
      Contact for pricing

      TX, Sugarland - University Blvd

      Discover many ways to work your way in Cool Springs III
      18722 University Blvd, Sugar Land, TX 77479
      View Details
    • $17 SF/Yr

      Sugar Land Office Sublease Available

      Class A office space for sublease in Sugar Land, Texas.
      1 Sugar Creek Center Blvd, Sugar Land, TX 77478
      View Details
    • $20 SF/Yr
      1,689 SF

      Sugar Land Office Space For Rent

      Office space for rent in Lake Pointe Town Center.
      1235 Lake Pointe Pkwy, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      12,002 SF

      Medical Office Building For Lease

      90,143 SF Class B medical office building for lease.
      14815-14897 Southwest Fwy, Sugar Land, TX 77478
      View Details
    • $18 SF/Yr
      50,639 SF

      Sugar Land Office Space Available

      Four-story office building with Highway 59 frontage in Sugar Land.
      14140 Southwest Fwy, Sugar Land, TX 77478
      View Details
    • $24 SF/Yr
      2,100 SF

      Sugar Land Office Space Available

      Office space available for lease in Sugar Land, Texas.
      16701 Creek Bend Dr, Sugar Land, TX 77478
      View Details
    • $17 SF/Yr
      908 SF

      Office Space Available For Rent

      908 square feet office space available for lease.
      14090 Southwest Fwy, Sugar Land, TX 77478
      View Details
    • Contact for pricing

      Highway 6 Medical Office Suites

      Move-in ready medical suites with ample parking and modern amenities.
      3425 Highway 6, Sugar Land, TX 77478
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical office building near Houston Methodist Sugar Land Campus.
    Where is this medical office space located?
    The property is located at 16545 Southwest Fwy Sugar Land, TX.
    What are key features of this property?
    This property features: - Class A Medical Office Building; - Adjacent to Houston Methodist Sugar Land Campus; - Located in Sugar Land, TX along Southwest Fwy (I-69)
    (713) 577-1642
    Request Owner's contact information
    16545 Southwest Fwy Sugar Land, TX 77479
    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.
    16545 Southwest Fwy
    Sugar Land, TX 77479
    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    16545 Southwest Fwy Sugar Land, TX 77479
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brandy Bellow Spinks
    (713) 577-1642 (713) 577-1600 (713) 726-6100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!