Medical Office with Surgical Suite

1649 SAM HOUSTON Harlingen, TX 78550

Claim this Listing
Pending
$349,995

COMMERCIAL - HARLINGEN, TX

Property size:
3,092 SF
Lot size:
0.28 Acres
Added:
May 3, 2026
Days on Market:
72
Last Refresh:
Jul 13 at 4:06 am

Property Features for 1649 SAM HOUSTON

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
Size
3,092 SF
Lot size
0.28 Acres

Building Details

Year built
1956
Floors in Building
1

Listing agent Craig Grove License #0591779

Listing office GRT Realty 7280 N Frontage Rd, Brownsville, TX

Listing date May 3, 2026

MLS# 29776118

Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This full medical office property offers approximately 3,092 square feet of space and includes a dedicated surgical suite with Class C capabilities for in-office procedures. The surgical suite is designed with engineered laminar flow and segmented positive and negative pressure zones, along with HEPA filtration and UV sterilization. Additional OR features include ceiling-mounted OR lighting, a stainless steel scrub sink, and a steam sterilizer.

The building is supported by medical-focused infrastructure including a dual HVAC system, 3-phase electrical, central suction, and medical air/O2 K-tanks, plus a water filtration system. A backup diesel power generator with an automatic transfer switch is also in place.

Located in Harlingen, Texas, the property is described as being just one block from Valley Baptist Medical Center, supporting convenient access to hospital services for specialized outpatient care.

Key Highlights

  • Full medical office built in 1956 with over 3,000 sq. ft., located one block from Valley Baptist Medical Center
  • Dedicated surgical suite with Class C capabilities for in‑office procedures
  • Dual HVAC system with engineered laminar flow, segmented positive/negative pressure zones, HEPA filtration, and UV sterilization

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 $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 (±1% cap)
NOI $37,267 @ 7.0% cap · market cap 10.65%
Second Best
Office B
$405.5K
$354.8K – $473.1K (±1% cap)
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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Giovanna Ghafoori Md ... Physician

Suggested Use

Electrical Service Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Catering Service Computer & Electronic Repair Furniture & Home Goods Pet Grooming Service Florist

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Muniz Rio Grande Pharmacy — 1117 S Commerce St unit 1, Harlingen, TX 78550
  • Paws & Claws Veterinary Clinic — 1624 S Carolina St, Harlingen, TX 78550

FAQs

What type of property is this?
Medical Office Space - Full medical office about 3,092 sq. ft. one block from Valley Baptist Medical Center, featuring a dedicated surgical suite.
Where is this medical office space located?
The property is located at 1649 SAM HOUSTON 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 built in 1956 with over 3,000 sq. ft., located one block from Valley Baptist Medical Center; Dedicated surgical suite with Class C capabilities for in‑office procedures; Dual HVAC system with engineered laminar flow, segmented positive/negative pressure zones, HEPA filtration, and UV sterilization
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