Medical-Ready Office Building For
For Sale
Contact for pricing
7118 HARRISBURG BLVD, Houston, TX 77011
Single-story building adaptable for medical, urgent care, or distribution.
Property Size20,670 SF
Price / SF$159.65
Days on Market72
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
Changed: Jul 10
Last Checked: Aug 4 at 12:04PM
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)
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,127
Businesses Nearby
Explore this area
Business Placement
Demographics for 77011, TX
16,841
Population
7,366
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
59%
High-School Grad
3.4 sq mi
ZIP Area
4,953
Density / Sq Mi
$49,163
Median Household Income
$36,517
Median Earnings
$1,063
Median Rent
$187,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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)
