Medical Office with Surgical
For Sale
$349,995
1649 Sam Houston Drive, Harlingen, TX 78550
Full medical office located one block from Valley Baptist Medical Center, with a dedicated surgical suite and support systems.
Property Size3,092 SF
Price / SF$113.19
Days on Market144
Property Features for 1649 Sam Houston Drive
General Information
Standard status
Active
Size
3,092 SF
Property subtype
General Commercial
Additional Details
Heavy Power
Yes
Building Details
Year Built
1956
Listing Agency:
Grt Realty
(956) 254-0869
Listed By:
Craig Grove · License #0591779
(956) 254-0869
Source:
Xome
Added: Mar 8
Changed: Jul 10
Last Checked: Jul 16 at 5:50AM
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 Grt Realty
Investment Insights
Based on property information with market context.
This full-service medical office offers over 3,000 square feet of space built for specialty practices. The property includes a dedicated surgical suite designed to support in-office procedures, along with steel reinforced ceiling-mounted OR lighting, a stainless steel scrub sink, and a steam sterilizer. Environmental control within the suite is supported by a dual HVAC system with engineered laminar flow, segmented positive and negative pressure zones, HEPA filtration, and UV sterilization.
The building is located just one block from Valley Baptist Medical Center, providing convenient proximity for patient access and referrals. Additional medical infrastructure is in place, including 3-phase electrical, central suction, medical air/O2 K-tanks, and a water filtration system. A backup diesel power generator with an automatic transfer switch supports continuity for critical building needs.
The layout and systems are well suited for practices that require a surgical or procedure-focused environment, including outpatient and specialty use. The property’s established medical utility package can help reduce buildout complexity for qualified operators seeking an exam-to-procedure setup within a dedicated suite.
The building is located just one block from Valley Baptist Medical Center, providing convenient proximity for patient access and referrals. Additional medical infrastructure is in place, including 3-phase electrical, central suction, medical air/O2 K-tanks, and a water filtration system. A backup diesel power generator with an automatic transfer switch supports continuity for critical building needs.
The layout and systems are well suited for practices that require a surgical or procedure-focused environment, including outpatient and specialty use. The property’s established medical utility package can help reduce buildout complexity for qualified operators seeking an exam-to-procedure setup within a dedicated suite.
Key Highlights
- Full medical office with over 3,000 sq. ft., located one block from Valley Baptist Medical Center
- Dedicated surgical suite with Class C capabilities for advanced in‑office procedures
- Dual HVAC system with engineered laminar flow, segmented positive/negative pressure zones, HEPA filtration, and UV sterilization
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 | $55.7k | $18.00 |
| − Vacancy | −$17.8k | −$5.76 |
| EGI | $37.8k | $12.24 |
| − OpEx | −$9.5k | −$3.06 |
| NOI | $28.4k | $9.18 |
3,092 SF · lease $18.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$532.4K
$465.8K – $621.1K
NOI $37,267 @ 7.0% cap · market cap 10.65%
Second Best
Office B
$405.5K
$354.8K – $473.1K
NOI $28,385 @ 7.0% cap · market cap 8.11%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,309
Businesses Nearby
Explore this area
Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Full medical office located one block from Valley Baptist Medical Center, with a dedicated surgical suite and support systems.
Where is this medical center located?
The property is located at 1649 Sam Houston Drive Harlingen, TX.
What is the asking price?
The asking price for this property is $349,995.
What are key features of this property?
This property features: Full medical office with over 3,000 sq. ft., located one block from Valley Baptist Medical Center; Dedicated surgical suite with Class C capabilities for advanced in‑office procedures; Dual HVAC system with engineered laminar flow, segmented positive/negative pressure zones, HEPA filtration, and UV sterilization
