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    1111 Augusta Dr Houston, TX 77057

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    Contact for pricing

    84,728 SF Medical Office Building in Houston

    Lot size:
    84,728 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 84,728-square-foot medical office building, located at 1111 Augusta Drive in Houston, Texas, presents a unique investment opportunity. Situated in the prestigious Tanglewood area of Harris County, this Class B property boasts a single-tenant occupancy, with the entire space currently vacant. Built in 2004 and renovated in the same year, the building features a two-story design with elevators, offering convenient access for patients and staff. The property's size makes it ideal for a single large medical tenant seeking a prominent location. However, the landlord is open to subdividing the space to accommodate multiple tenants, depending on the size requirements. The building's location within the affluent Tanglewood neighborhood provides excellent visibility and accessibility, making it an attractive option for medical practices seeking a high-profile presence. The property's address is 1111 Augusta Drive, Houston, TX 77057. With its ample square footage, modern amenities, and prime location, this property represents a compelling opportunity for medical professionals and investors alike. The building's single-tenant history and potential for subdivision offer significant flexibility for future use. The property is ready for immediate occupancy.

    Property Features for 1111 Augusta Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    84,728 SF
    Class
    B

    Building Details

    Year Renovated
    2004
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    84,728 SF

    HighLights

    • Strong demographics in surrounding area.
    • Covered patient drop‑off area.
    • 8 specialty pods with 100+ exam rooms, x‑ray, and pharmacy.
    • Excellent building signage opportunity.
    • Abundant surface parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Baylor College of Medicine: ... Doctor Le Dung Kim Nursing Agency Sim Woon Ki ... Doctor Edith Schatte Ophthalmologist Dr. Jeanie Ling Ophthalmologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4817878
    Latitude
    29.7563035

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    FAQs

    What type of property is this?
    Medical office - 84,728 SF Medical Office Building in Houston
    Where is this medical office located?
    The property is located at 1111 Augusta Dr Houston, TX.
    What are key features of this property?
    This property features: Strong demographics in surrounding area.; Covered patient drop-off area.; 8 specialty pods with 100+ exam rooms, x-ray, and pharmacy.
    Request Owner's contact information
    1111 Augusta Dr Houston, TX 77057
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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
    1111 Augusta Dr Houston, TX 77057
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