Medical Office Suite with Exam
For Sale
Contact for pricing
11710 FM 1960 W, Houston, TX 77065
Medical/professional suite offers a waiting area, six exam rooms, staff space, and private restrooms.
Property Size3,000 SF
Price / SF$266.67
Days on Market994
Property Features for 11710 FM 1960 W
General Information
Standard status
Active
Size
3,000 SF
Property subtype
OFFICE
Site & Location
Traffic Count
54,183 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Texas CRES
(281) 898-0895
Listed By:
Joel C. English · License #TX 465800
(713) 473-7200
Source:
Moodyscre
Added: Feb 15, 2024
Changed: Oct 26
Last Checked: Nov 4 at 12:58PM
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 Texas CRES
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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 medical/professional office space for sale includes a waiting area, six exam rooms, an office staff area with nurse station, and a private office. The layout also features three storage rooms and two private restrooms, supporting day-to-day operations within the suite.
The property is located on FM 1960 at its intersection with Fallbrook Drive, providing visibility from a high-traffic corridor with noted traffic of 54,183 VPD on FM 1960. It is approximately 1.35 miles to US 290. The offering is in Harris County and within Cypress-Fairbanks ISD.
With its dedicated clinical room count and supportive staff, storage, and restroom configuration, the suite is well-suited for medical and professional office use.
The property is located on FM 1960 at its intersection with Fallbrook Drive, providing visibility from a high-traffic corridor with noted traffic of 54,183 VPD on FM 1960. It is approximately 1.35 miles to US 290. The offering is in Harris County and within Cypress-Fairbanks ISD.
With its dedicated clinical room count and supportive staff, storage, and restroom configuration, the suite is well-suited for medical and professional office use.
Key Highlights
- Approximately 3,000 SF medical/professional office space for sale on FM 1960 and Fallbrook Drive in Houston, TX
- Suite includes a waiting area plus six (6) exam rooms
- Staff and support areas include an office staff area and nurse station, plus a private office and three (3) storage rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,824
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,480
$816.5K
Cap Rate 7%
$583,200
$583.2K
Cap Rate 9%
$453,600
$453.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$75.6K $25.20/SF
− Vacancy
−$7.6K −$2.52/SF
EGI
$68.0K $22.68/SF
− OpEx
−$27.2K −$9.07/SF
NOI
$40.8K $13.61/SF
Area
Houston, TX
Vacancy
10.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,480
Cap Rate 7%
$583,200
Cap Rate 9%
$453,600
Alternative Uses
Best Use
Healthcare Medical
$583.2K
$510.3K – $680.4K
NOI $40,824 @ 7.0% cap · market cap 5.10%
Second Best
Office B
$499.9K
$437.4K – $583.2K
NOI $34,992 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$771.4K
$675.0K – $900.0K
NOI $54,000 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
54,183 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77065, TX
37,144
Population
17,110
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,530
Density / Sq Mi
$75,496
Median Household Income
$44,334
Median Earnings
$1,371
Median Rent
$257,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Houston, TX
Similar Off Market Nearby
- VetIQ Petcare — 12353 Farm to Market 1960 Rd W, Houston, TX 77065
- Thrive Pet Healthcare - Eldridge — 12341 Farm to Market 1960 Rd W Suite C, Houston, TX 77065
- Petco Vaccination Clinic — 12310 Farm to Market 1960 Rd W, Houston, TX 77065
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical/professional suite offers a waiting area, six exam rooms, staff space, and private restrooms.
Where is this medical office space located?
The property is located at 11710 FM 1960 W Houston, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Approximately 3,000 SF medical/professional office space for sale on FM 1960 and Fallbrook Drive in Houston, TX; Suite includes a waiting area plus six (6) exam rooms; Staff and support areas include an office staff area and nurse station, plus a private office and three (3) storage rooms
