Turnkey Medical Condo
13414 Medical Complex Dr Suite 3 Tomball, TX 77375
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13414 Medical Complex Dr Suite 3, Tomball, TX, 77375
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For Sale
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Turnkey medical condominium suite in Tomball Doctors Plaza, totaling 4,016 SF within the established medical district.
Property Size4,016 SF
Price / SF$156.62
Days on Market6
Property Features for 13414 Medical Complex Dr Suite 3
General Information
- Standard status
- Active
- Size
- 4,016 SF
- Property subtype
- Office
Listing agency
Texas Commercial Real Estate Services
(713) 473-7200
Listed by
Chris Joyce · License #TX 695869
Source
Crexi
Added: Jul 16 Updated: Jul 21 at 2:24PM Checked: Jul 21 at 2:24PM
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 Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This turnkey medical condominium suite is located within Tomball Doctors Plaza and totals 4,016 SF. It offers a professional healthcare environment suitable for a wide range of medical office uses.
The suite is positioned along Medical Complex Drive in Tomball’s established medical district. Access is described as convenient to SH 249, FM 2920, and the Grand Parkway, supporting connectivity throughout Northwest Houston.
Suite 3 provides an owner-user or physician-practice ready healthcare space within a medical office setting alongside complementary medical and professional users.
The suite is positioned along Medical Complex Drive in Tomball’s established medical district. Access is described as convenient to SH 249, FM 2920, and the Grand Parkway, supporting connectivity throughout Northwest Houston.
Suite 3 provides an owner-user or physician-practice ready healthcare space within a medical office setting alongside complementary medical and professional users.
Key Highlights
- 4,016 SF medical condominium suite in Tomball Doctors Plaza
- Located in Tomball’s established medical district for a professional healthcare environment
- On Medical Complex Drive with convenient access to SH 249, FM 2920, and the Grand Parkway
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.5k | $23.04 |
| − Vacancy | −$22.4k | −$5.58 |
| EGI | $70.1k | $17.46 |
| − OpEx | −$17.5k | −$4.37 |
| NOI | $52.6k | $13.10 |
4,016 SF · lease $23.04/SF/yr · vacancy 24.20% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$902.0K
$789.3K – $1.05M
NOI $63,142 @ 7.0% cap · market cap 10.04%
Second Best
Office B
$751.5K
$657.5K – $876.7K
NOI $52,603 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$1.10M
$959.5K – $1.28M
NOI $76,760 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tomball Regional Internal ...
Medical Clinic
Carolyn Chen, M.D.
Ophthalmologist
Dr. Thomas Shannon, ...
Physician
Dr. Inderbir S. ...
Physician
Dr. Mitchell Porias
Ophthalmologist
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FAQs
What type of property is this?
Medical Office Space - Turnkey medical condominium suite in Tomball Doctors Plaza, totaling 4,016 SF within the established medical district.
Where is this medical office space located?
The property is located at 13414 Medical Complex Dr Suite 3 Tomball, TX.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 4,016 SF medical condominium suite in Tomball Doctors Plaza; Located in Tomball’s established medical district for a professional healthcare environment; On Medical Complex Drive with convenient access to SH 249, FM 2920, and the Grand Parkway
