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    11110 East Fwy Houston, TX 77029

    Sponsored
    For Lease
    $25 SF/Yr

    20,000 SF Medical Building, 10,000 SF Vacant

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 20,000 square foot medical center located at 11110 East Fwy, Houston, TX 77029, presents a unique investment opportunity. Situated on the east side submarket, this single-tenant property boasts a prime location with convenient access via John Ralston cross street. The building currently features a well-established medical clinic occupying the second floor, complete with an existing clientele. A significant portion of the building, 10,000 square feet, is currently vacant, offering substantial potential for expansion or lease to new tenants. The property is zoned commercial and includes 50 parking spaces, ensuring ample parking for patients and staff. The existing build-out is ideal for a diagnostic center, with features already in place for MRI and CT scan capabilities. The building's electrical capacity is 800 amps, providing sufficient power for advanced medical equipment. This property is perfect for an expanding medical practice or an investor seeking a strong foothold in the thriving Houston healthcare market. The property's location and existing infrastructure make it an attractive proposition for a variety of medical uses. This is a rare opportunity to acquire a well-positioned medical facility with significant upside potential.

    Property Features for 11110 East Fwy

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    41666.67

    Unit(s) available at that property

    Space
    Size
    10,000 SF
    Rate per SF
    $25

    HighLights

    • 20,000 SF medical center in Houston, TX, at 11110 East Fwy.
    • Single‑tenant property with a well‑established medical clinic on the second floor.
    • 10,000 SF of vacant space available for expansion or new tenants.
    • 50 parking spaces and commercial zoning.
    • Existing build‑out suitable for diagnostic center (MRI/CT capabilities), 800‑amp electrical service.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Simon Law Group ... Law Firm Dr. Donald Hearn Family Practice Physician Joe Nguyen Optometrist Mary Jane Cuevas Optometrist Dr. Elizabeth Trujillo Optometrist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.232240909977
    Latitude
    29.772582036676

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    FAQs

    What type of property is this?
    Specialty property - 20,000 SF Medical Building, 10,000 SF Vacant
    Where is this specialty property located?
    The property is located at 11110 East Fwy Houston, TX.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 20,000 SF medical center in Houston, TX, at 11110 East Fwy.; Single-tenant property with a well-established medical clinic on the second floor.; 10,000 SF of vacant space available for expansion or new tenants.
    Request Owner's contact information
    11110 East Fwy Houston, TX 77029
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    Houston, TX 77029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11110 East Fwy Houston, TX 77029
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