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Houston Medical Office Building For Sale

14637 Pebble Bend Dr, Houston, TX 77068

For Sale
Contact for pricing

Medical office in Southwest Houston, convenient access, ideal for clinics.

Property Size7,800 SF
Price / SF$166.50
Days on Market276

Property Features for 14637 Pebble Bend Dr

General Information

Standard status Active
Size 7,800 SF
Property subtype Office
Investment Type Owner/User

Building Details

Year Built 1979
Year Renovated 2020
Buildings 1
Stories 1
Listing Agency: Partners
Listed By: Hunter Stockard · License TX #709742
Source: Crexi
Added: Feb 9 Changed: Nov 3 Last Checked: Nov 10 at 9:05AM

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 Partners

Rey
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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 office building is located within an established healthcare corridor of Southwest Houston, near the intersection of Beltway 8 and Highway 59, providing convenient regional access. The property is surrounded by dense residential neighborhoods and a strong daytime population. The 7,800-square-foot building is suited for primary care, specialty clinics, therapy, or outpatient medical use. On-site parking is available for patients and staff. The layout is single-tenant/small medical-user friendly. The property offers a quiet, professional setting conducive to patient-focused practices and easy ingress/egress with visibility from Pebble Bend Drive. It is in close proximity to hospitals, pharmacies, and complementary medical services.

Key Highlights

  • Prime location in established healthcare corridor near Beltway 8 and Highway 59
  • Ideal for medical use: primary care, specialty clinic, therapy, or outpatient
  • Surrounded by dense residential neighborhoods and strong daytime population

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$106,142
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,122,840 $2.1M
Cap Rate 7%
$1,516,314 $1.5M
Cap Rate 9%
$1,179,356 $1.2M
Market Conditions
NOI Build-Up for 7,800 SF
Gross rent
$196.6K $25.20/SF
− Vacancy
−$19.7K −$2.52/SF
EGI
$176.9K $22.68/SF
− OpEx
−$70.8K −$9.07/SF
NOI
$106.1K $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%
$2,122,840
Cap Rate 7%
$1,516,314
Cap Rate 9%
$1,179,356

Alternative Uses

Best Use
Healthcare Medical
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,142 @ 7.0% cap · market cap 8.17%
Second Best
Office B
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $90,979 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,400 @ 7.0% cap · market cap 10.81%
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
Open Analytics

Current Use

Jenks Paul E Physician Winnie King, MD ... Physician Winnie Wigs Clothing & Fashion Store Ooms Jan W Physician Priority Healthcare Physician

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,116
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77068, TX

11,764
Population
4,551
Households
2.6
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
3.8 sq mi
ZIP Area
3,096
Density / Sq Mi
$85,873
Median Household Income
$43,985
Median Earnings
$1,345
Median Rent
$312,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Medical Office Space in Houston

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025

Similar Off Market Nearby

  • Petco Vaccination Clinic — 4431 FM 1960, Houston, TX 77068
  • Eden's Holistic Veterinary Team — 14300 Cornerstone Village Dr #415-A, Houston, TX 77014

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office in Southwest Houston, convenient access, ideal for clinics.
Where is this medical office space located?
The property is located at 14637 Pebble Bend Dr Houston, TX.
What is the asking price?
The asking price for this property is $1,298,700.
What are key features of this property?
This property features: Prime location in established healthcare corridor near Beltway 8 and Highway 59; Ideal for medical use: primary care, specialty clinic, therapy, or outpatient; Surrounded by dense residential neighborhoods and strong daytime population
(713) 681-1100 · Office Call to check price and availability
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