Two-Story Medical Office
For Sale
Contact for pricing
21919 Gosling Road, Spring, TX 77388
Two professional office buildings with build-to-suit options and about 165 feet of frontage on Gosling Road.
Property Size5,587 SF
Price / SF$214.78
Days on Market1068
Property Features for 21919 Gosling Road
General Information
Standard status
Active
Size
5,587 SF
Property subtype
OFFICE
Additional Details
Road Access
Yes
Building Details
Stories
2
Listing Agency:
Texas CRES
(713) 473-7200
Listed By:
Joel C. English · License #465800
Source:
Moodyscre
Added: Aug 29, 2023
Changed: Jul 26
Last Checked: Jul 30 at 9:40AM
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 CRES
Investment Insights
Based on property information with market context.
Two professional/medical office buildings are available for sale or lease in the new Gosling Road Office Complex. Build-to-suit options are available, with two-story floor plans that include an approximately 1,960 SF second floor. The developer will deliver a 400-amp electrical service and fully energize the building upon execution of a contract.
The property is located at 21919 Gosling Road in Spring, TX 77388, with access and exposure to Gosling Road traffic, reported at over 15,000 vehicles per day. Nearby Spring Stuebner Road traffic is reported at over 19,000 vehicles per day, and the property has approximately 165 feet of frontage on Gosling Road for visibility.
Building 1 is occupied by “The Dental Studio.” The property is in Harris County, Klein ISD, and Bridgestone MUD.
The property is located at 21919 Gosling Road in Spring, TX 77388, with access and exposure to Gosling Road traffic, reported at over 15,000 vehicles per day. Nearby Spring Stuebner Road traffic is reported at over 19,000 vehicles per day, and the property has approximately 165 feet of frontage on Gosling Road for visibility.
Building 1 is occupied by “The Dental Studio.” The property is in Harris County, Klein ISD, and Bridgestone MUD.
Key Highlights
- Two 2‑story professional/medical office buildings in the New Gosling Road Office Complex (sale or lease).
- Build‑to‑suit options with floor plans that include about 1,960 SF on the second floor.
- Developer will deliver 400‑amp electrical service and fully energize the building upon contract execution.
Financial Insights For Healthcare Medical
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 | $165.6k | $29.64 |
| − Vacancy | −$27.8k | −$4.98 |
| EGI | $137.8k | $24.66 |
| − OpEx | −$55.1k | −$9.86 |
| NOI | $82.7k | $14.80 |
5,587 SF · lease $29.64/SF/yr · vacancy 16.80% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.18M
$1.03M – $1.38M
NOI $82,667 @ 7.0% cap · market cap 6.89%
Second Best
Office B
$935.7K
$818.7K – $1.09M
NOI $65,499 @ 7.0% cap · market cap 5.46%
Theoretical Best
Specialty Retail
$1.41M
$1.23M – $1.65M
NOI $98,732 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Explore this area
Business Placement
Demographics for 77388, TX
51,483
Population
18,924
Households
2.7
Avg Household Size
37
Median Age
34%
College-Educated
92%
High-School Grad
13.4 sq mi
ZIP Area
3,842
Density / Sq Mi
$101,588
Median Household Income
$53,925
Median Earnings
$1,809
Median Rent
$264,600
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?
Office building - Two professional office buildings with build-to-suit options and about 165 feet of frontage on Gosling Road.
Where is this office building located?
The property is located at 21919 Gosling Road Spring, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two 2‑story professional/medical office buildings in the New Gosling Road Office Complex (sale or lease).; Build‑to‑suit options with floor plans that include about 1,960 SF on the second floor.; Developer will deliver 400‑amp electrical service and fully energize the building upon contract execution.
