Turnkey Medical Office in
For Sale
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4626 Riverstone Blvd, Missouri City, TX 77459
Move-in ready medical office in Missouri City's Riverstone community.
Property Size2,819 SF
Price / SF$354.74
Days on Market98
Property Features for 4626 Riverstone Blvd
General Information
Standard status
Active
Size
2,819 SF
Class
B
Total Parking Spaces
12
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
2015
Buildings
1
Stories
1
Units
12
Listing Agency:
eXp Realty LLC
Listed By:
Rishi Naran · License #0753274
Source:
Crexi
Added: May 25
Changed: Aug 23
Last Checked: Aug 29 at 12:54AM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
4626 Riverstone Blvd is a turnkey medical office opportunity located in Riverstone. The single-story property is designed for clinical use and features a layout with six exam rooms, each equipped with sinks, two private doctor offices, a dedicated lab area, ample storage, a staff restroom, and a patient restroom with a sample pass-through door. It is suited for an owner-user looking to establish or expand a practice. The current configuration supports various medical and wellness uses, including primary care, dermatology, pediatrics, specialty medicine, med spa, therapy, or other healthcare-related services. The property is located near Highway 6 and surrounded by residential neighborhoods and retail amenities. It offers accessibility and visibility within Missouri City. The property includes dedicated parking for 12 vehicles and a functional floor plan. The building size is 2819 square feet.
Key Highlights
- Turnkey medical office, move‑in ready with efficient clinical layout.
- Six exam rooms, each equipped with sinks, plus two private doctor offices and a dedicated lab area.
- Ideal for owner‑user to establish or expand a practice without buildout costs and delays.
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
$46,874
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
4.69%
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%
$937,480
$937.5K
Cap Rate 7%
$669,629
$669.6K
Cap Rate 9%
$520,822
$520.8K
Market Conditions
NOI Build-Up for 2,819 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
$83.6K $29.64/SF
− Vacancy
−$5.4K −$1.93/SF
EGI
$78.1K $27.71/SF
− OpEx
−$31.2K −$11.09/SF
NOI
$46.9K $16.63/SF
Area
Fort Bend County, TX
Vacancy
6.50%
Lease Rate
$29.64 /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%
$937,480
Cap Rate 7%
$669,629
Cap Rate 9%
$520,822
Alternative Uses
Best Use
Healthcare Medical
$669.6K
$585.9K – $781.2K
NOI $46,874 @ 7.0% cap · market cap 4.69%
Second Best
Office B
$560.5K
$490.4K – $653.9K
NOI $39,233 @ 7.0% cap · market cap 3.92%
Theoretical Best
Multifamily LT 5
$35.12M
$30.73M – $40.97M
NOI $2,458,250 @ 7.0% cap · market cap 245.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,255
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77459, TX
79,731
Population
28,071
Households
2.8
Avg Household Size
40
Median Age
56%
College-Educated
95%
High-School Grad
31.3 sq mi
ZIP Area
2,547
Density / Sq Mi
$132,758
Median Household Income
$62,335
Median Earnings
$2,031
Median Rent
$367,700
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 Office Space - Move-in ready medical office in Missouri City's Riverstone community.
Where is this medical office space located?
The property is located at 4626 Riverstone Blvd Missouri City, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Turnkey medical office, move‑in ready with efficient clinical layout.; Six exam rooms, each equipped with sinks, plus two private doctor offices and a dedicated lab area.; Ideal for owner‑user to establish or expand a practice without buildout costs and delays.
