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    8731 Katy Fwy Houston, TX 77024

    Sponsored
    For Lease
    Contact for pricing

    Modern Medical Office Building in Houston

    Lot size:
    102,775 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Hedwig Place, a Class A medical office building, offers 102,775 square feet of space at 8731 Katy Fwy, Houston, TX 77024. This single, five-story building, constructed in 2019, sits on a 2-acre lot in Harris County and boasts 15,576 square feet of immediately available space. Multiple tenancy options are available, ranging from 3,586 to 6,919 square feet, perfect for medical practices seeking move-in ready suites. The building features upscale interior finishes and a modern design, creating a welcoming atmosphere for both patients and staff. Its prime location on the Katy Freeway (I-10) in the Memorial Villages provides excellent freeway visibility and proximity to Memorial Hermann Memorial City Hospital, as well as numerous upscale residential areas, fine dining, and retail options. The building offers ample parking with a 4 spaces per 1,000 square feet ratio. The property's APN is 1406070010001. This is an exceptional opportunity for medical professionals seeking a high-quality, conveniently located space in a thriving Houston submarket.

    Property Features for 8731 Katy Fwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,775 SF
    Class
    A

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    Suite 110
    Size
    5,071 SF
    Space
    Suite 430
    Size
    3,586 SF
    Space
    Suite 520
    Size
    6,919 SF

    HighLights

    • On‑site ambulatory surgical centers.
    • Upscale restaurant (Federal Grill) located on the ground floor.
    • Ample structured parking with direct access from floors one and two; parking ratio exceeds 4 spaces per 1,000 square feet.
    • No restrictive use covenants.
    • Automatic doors and elevators accommodating gurneys.
    Property Profile Location Intelligence

    Current Use by Public Records

    Federal American Grill American Restaurant Memorial Plastic Surgery Medical Clinic Memorial Plastic Surgery: ... Plastic Surgeon Kent G. Davis, ... Plastic Surgeon Memorial Plastic Surgery: ... Plastic Surgeon

    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
    -95.5046297
    Latitude
    29.7833818

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    FAQs

    What type of property is this?
    Medical office - Modern Medical Office Building in Houston
    Where is this medical office located?
    The property is located at 8731 Katy Fwy Houston, TX.
    What are key features of this property?
    This property features: On-site ambulatory surgical centers.; Upscale restaurant (Federal Grill) located on the ground floor.; Ample structured parking with direct access from floors one and two; parking ratio exceeds 4 spaces per 1,000 square feet.
    Request Owner's contact information
    8731 Katy Fwy Houston, TX 77024
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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
    8731 Katy Fwy Houston, TX 77024
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