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    Medical Complex Dr Tomball, TX 77375

    For Sale
    $2,183,227

    Prime Tomball commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 3.14-acre commercial land parcel presents a unique investment opportunity in the thriving Tomball, Texas market. Located on the newly widened Medical Complex Drive, this property boasts excellent visibility and accessibility. Its strategic location offers proximity to the Tomball Regional Medical Center, ensuring high traffic volume and a strong potential customer base. Furthermore, its convenient access to SH 249 and the Grand Parkway provides easy connectivity to major transportation arteries, enhancing its appeal for businesses and investors alike. Currently zoned for Agricultural District use, this property offers significant development potential, allowing for a wide range of commercial ventures. The land is serviced by City of Tomball utilities, simplifying the development process. With a list price of $2,183,227 and a land value of $7 per square foot, this property represents a compelling investment in a rapidly growing area. The property's size and location make it suitable for a variety of commercial developments, capitalizing on the area's robust economic growth and increasing demand for commercial space. Don't miss this chance to secure a prime piece of real estate in Tomball, Texas.

    Property Features for 0 Medical Complex Dr

    General Information

    Property type
    Land
    Lot Size
    136,778 SF

    HighLights

    • Frontage on newly widened Medical Complex Drive.
    • Near Tomball Regional Medical Center.
    • Minutes from SH 249 and Grand Parkway.
    • Agricultural District zoning.
    • City of Tomball utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tomball
    County
    Harris
    State
    Texas
    Longitude
    -95.6274846
    Latitude
    30.0845484

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    FAQs

    What type of property is this?
    Land - Prime Tomball commercial land, ideal for development.
    Where is this land located?
    The property is located at Medical Complex Dr Tomball, TX.
    What is the asking price?
    The asking price for this property is $2,183,227.
    What are key features of this property?
    This property features: Frontage on newly widened Medical Complex Drive.; Near Tomball Regional Medical Center.; Minutes from SH 249 and Grand Parkway.
    Request Owner's contact information
    Medical Complex Dr Tomball, TX 77375
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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
    Medical Complex Dr Tomball, TX 77375
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