Turnkey Urgent Care Medical
For Sale
Contact for pricing
19007 HWY 59 N, Humble, TX 77338
Urgent care and medical facility with included equipment and an MRI tenant providing documented monthly rental income.
Property Size5,862 SF
Lot Size3.00 Acres
Price / SF$511.77
Days on Market95
Property Features for 19007 HWY 59 N
General Information
Standard status
Active
Size
5,862 SF
Lot size
3.00 Acres
Property subtype
Office
Zoning
Office/ Medical
Additional Details
Business Included
Yes
Building Details
Year Built
1984
Year Renovated
2022
Stories
1
Units
1
Listing Agency:
Next Trend Realty
Listed By:
Next Trend Realty LLC · License #9012456
Source:
Crexi
Added: Jun 3
Changed: Aug 28
Last Checked: Sep 3 at 6:51AM
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 Next Trend Realty
Investment Insights
Based on property information with market context.
The property is a turnkey urgent care and medical facility totaling approximately 5,000 square feet, situated on approximately 3 acres. The building is designed for healthcare use and includes medical equipment. It also benefits from an in-place MRI tenant.
The facility is located in Humble, Texas, near Memorial Hermann Hospital. The offering is positioned to support patient and visitor access for a healthcare-focused operator.
For investors, the MRI tenant provides immediate, documented rental income. For medical operators or owner-users, the space is purpose-built as an urgent care and medical facility with equipment already included, which can support a relatively straightforward path to continued healthcare operations. The property’s established healthcare configuration makes it well suited for parties looking to acquire a functioning medical asset rather than a blank shell.
The facility is located in Humble, Texas, near Memorial Hermann Hospital. The offering is positioned to support patient and visitor access for a healthcare-focused operator.
For investors, the MRI tenant provides immediate, documented rental income. For medical operators or owner-users, the space is purpose-built as an urgent care and medical facility with equipment already included, which can support a relatively straightforward path to continued healthcare operations. The property’s established healthcare configuration makes it well suited for parties looking to acquire a functioning medical asset rather than a blank shell.
Key Highlights
- 5,000 SF urgent care and medical facility built in 1984
- Situated on approximately 3 acres in Humble, Texas
- Includes medical equipment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$92,165
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,843,300
$1.8M
Cap Rate 7%
$1,316,643
$1.3M
Cap Rate 9%
$1,024,056
$1.0M
Market Conditions
NOI Build-Up for 5,862 SF
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.
Gross rent
$180.1K $30.72/SF
− Vacancy
−$26.5K −$4.52/SF
EGI
$153.6K $26.20/SF
− OpEx
−$61.4K −$10.48/SF
NOI
$92.2K $15.72/SF
Area
Harris County, TX
Vacancy
14.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,843,300
Cap Rate 7%
$1,316,643
Cap Rate 9%
$1,024,056
Alternative Uses
Best Use
Healthcare Medical
$1.32M
$1.15M – $1.54M
NOI $92,165 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,044 @ 7.0% cap · market cap 3.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,486
Businesses Nearby
Explore this area
Business Placement
Demographics for 77338, TX
45,031
Population
17,667
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
87%
High-School Grad
26.0 sq mi
ZIP Area
1,732
Density / Sq Mi
$68,808
Median Household Income
$38,528
Median Earnings
$1,354
Median Rent
$222,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Urgent care and medical facility with included equipment and an MRI tenant providing documented monthly rental income.
Where is this medical center located?
The property is located at 19007 HWY 59 N Humble, TX.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 5,000 SF urgent care and medical facility built in 1984; Situated on approximately 3 acres in Humble, Texas; Includes medical equipment
