Turnkey Medical Condo
For Sale
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13414 Medical Complex Dr Suite 300, Tomball, TX 77375
Turnkey medical condominium suite in Tomball Doctors Plaza, totaling 4,016 SF within the established medical district.
Property Size4,016 SF
Price / SF$149.15
Days on Market97
Property Features for 13414 Medical Complex Dr Suite 300
General Information
Standard status
Active
Size
4,016 SF
Class
B
Property subtype
Office
Listing Agency:
Texas Commercial Real Estate Services
Listed By:
Chris Joyce · License #TX 695869
(713) 473-7200
Source:
Crexi
Added: Jul 20
Changed: Oct 21
Last Checked: Oct 23 at 6:33AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,603
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,060
$1.1M
Cap Rate 7%
$751,471
$751.5K
Cap Rate 9%
$584,478
$584.5K
Market Conditions
NOI Build-Up for 4,016 SF
Gross rent
$92.5K $23.04/SF
− Vacancy
−$22.4K −$5.58/SF
EGI
$70.1K $17.46/SF
− OpEx
−$17.5K −$4.37/SF
NOI
$52.6K $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%
$1,052,060
Cap Rate 7%
$751,471
Cap Rate 9%
$584,478
Alternative Uses
Best Use
Healthcare Medical
$902.0K
$789.3K – $1.05M
NOI $63,142 @ 7.0% cap · market cap 10.54%
Second Best
Office B
$751.5K
$657.5K – $876.7K
NOI $52,603 @ 7.0% cap · market cap 8.78%
Theoretical Best
Office A
$1.10M
$959.5K – $1.28M
NOI $76,760 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,704
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 77375, TX
65,365
Population
25,452
Households
2.6
Avg Household Size
34
Median Age
41%
College-Educated
92%
High-School Grad
35.2 sq mi
ZIP Area
1,857
Density / Sq Mi
$95,813
Median Household Income
$57,735
Median Earnings
$1,495
Median Rent
$287,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
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 300 Tomball, TX.
What is the asking price?
The asking price for this property is $599,000.
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
