Medical-Ready Office Building For
7118 HARRISBURG BLVD Houston, TX 77011
7118 HARRISBURG BLVD, Houston, TX, 77011
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For Sale
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Single-story building adaptable for medical, urgent care, or distribution.
Property Size20,670 SF
Price / SF$159.65
Days on Market56
Property Features for 7118 HARRISBURG BLVD
General Information
- Standard status
- Active
- Size
- 20,670 SF
- Property subtype
- Office, Industrial, Mixed Use
Building Details
- Year Built
- 1953
Listing Agency
Worth Clark Realty
Listed by
Rosalba Martinez · License #Texas
Source
Crexi
Added: May 27 Updated: Jul 10 at 3:59 pm Checked: Jul 19 at 6:09 am
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 Worth Clark Realty
Investment Insights
Based on property information with market context.
This single-story office building is equipped for medical use and offers flexible interior space suitable for adaptation. Potential uses include medical facilities, urgent care centers, or distribution hubs. The property is accessible from major freeway systems, including I-45 and the Gulf Freeway. It is located in proximity to residential neighborhoods and community amenities within the East End district.
Key Highlights
- Medical‑ready office building adaptable for medical use, urgent care, or distribution
- Flexible interior space allows for customization
- Accessible from major Houston freeways (I‑45 and Gulf Freeway)
Local 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 | $520.9k | $25.20 |
| − Vacancy | −$52.1k | −$2.52 |
| EGI | $468.8k | $22.68 |
| − OpEx | −$187.5k | −$9.07 |
| NOI | $281.3k | $13.61 |
20,670 SF · lease $25.20/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$4.02M
$3.52M – $4.69M
NOI $281,277 @ 7.0% cap · market cap 8.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.32M
$4.65M – $6.20M
NOI $372,060 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Clinica San Angel
Medical Clinic
Da Vita Inc
Medical Clinic
Sherwin-Williams Commercial Paint ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Medical center - Single-story building adaptable for medical, urgent care, or distribution.
Where is this medical center located?
The property is located at 7118 HARRISBURG BLVD Houston, TX.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Medical‑ready office building adaptable for medical use, urgent care, or distribution; Flexible interior space allows for customization; Accessible from major Houston freeways (I‑45 and Gulf Freeway)
