Class B Medical/Office
3707 Fatta Dr Dickinson, TX 77539
For Sale
Contact for pricing
Single-story Class B building with seven suites on a high-visibility corner lot.
Property Size7,375 SF
Lot Size0.55 Acres
Price / SF$203.39
Days on Market109
Property Features for 3707 Fatta Dr
General Information
- Standard status
- Active
- Size
- 7,375 SF
- Lot size
- 0.55 Acres
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1986
Listing Agency:
Bayou Poperties Realty
(713) 641-0921
Listed By:
John Braun · License #0519754
Source:
Crexi
Added: Apr 6
Changed: Jul 22
Last Checked: Jul 23 at 2:44PM
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 Bayou Poperties Realty
Investment Insights
Based on property information with market context.
This well-maintained, Class B single-story commercial building was built in 1986 and contains seven separate suites. The property totals 7,375 SF and sits on a 0.55-acre site designed to support multi-tenant occupancy.
Located on a high-visibility corner lot at FM 517 and Fatta Drive, the building offers convenient access to I-45 and serves a mix of residential areas and regional traffic. The configuration makes it suited for medical, professional office, or retail uses depending on suite needs.
The seven-suite layout provides flexibility for investors and operators looking for a multi-tenant commercial asset in Dickinson, Texas.
Located on a high-visibility corner lot at FM 517 and Fatta Drive, the building offers convenient access to I-45 and serves a mix of residential areas and regional traffic. The configuration makes it suited for medical, professional office, or retail uses depending on suite needs.
The seven-suite layout provides flexibility for investors and operators looking for a multi-tenant commercial asset in Dickinson, Texas.
Key Highlights
- Single‑story Class B commercial building built in 1986
- 7,375 SF building on a 0.55‑acre high‑visibility corner lot
- Seven suite layout for medical, professional offices, or retail users
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 | $218.6k | $29.64 |
| − Vacancy | −$36.7k | −$4.98 |
| EGI | $181.9k | $24.66 |
| − OpEx | −$72.7k | −$9.86 |
| NOI | $109.1k | $14.80 |
7,375 SF · lease $29.64/SF/yr · vacancy 16.80% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.56M
$1.36M – $1.82M
NOI $109,123 @ 7.0% cap · market cap 7.27%
Second Best
Retail
$1.42M
$1.24M – $1.66M
NOI $99,312 @ 7.0% cap · market cap 6.62%
Theoretical Best
Multifamily LT 5
$82.68M
$72.35M – $96.47M
NOI $5,787,927 @ 7.0% cap · market cap 385.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Single-story Class B building with seven suites on a high-visibility corner lot.
Where is this office units located?
The property is located at 3707 Fatta Dr Dickinson, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Single‑story Class B commercial building built in 1986; 7,375 SF building on a 0.55‑acre high‑visibility corner lot; Seven suite layout for medical, professional offices, or retail users
