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    1140 Westmont Dr Houston, TX 77015

    Sponsored
    For Lease
    $20 SF/Yr

    5-Story Medical Office, 16,501 SF Available

    Lot size:
    52,131 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    1140 Westmont Dr. presents a remarkable opportunity in Houston's thriving medical district. This five-story, single-building medical office complex totals 52,131 square feet, with a significant 16,501 square feet currently available for lease. Built in 1982, the property sits on a 53,579 square foot lot and offers multiple tenancy options, catering to various medical practices and healthcare businesses. The building boasts convenient access to Interstate 10 and the East Sam Houston Parkway, ensuring excellent visibility and accessibility for patients and staff. The ample parking provision, with a ratio of 3.4 spaces per 1,000 square feet, guarantees convenient parking for tenants and visitors. The available space ranges from 847 square feet to the entire 16,501 square feet of vacant space, providing flexibility for businesses of all sizes. This strategically located property in the East side of Houston, TX 77015, offers a unique chance to establish or expand a medical practice in a high-demand area. The property's size and location make it an ideal investment for those seeking a strong return in the Houston medical market. Interested parties are encouraged to inquire about lease terms and availability.

    Property Features for 1140 Westmont Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,131 SF
    Total Rate
    86885

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,736 SF
    Rate per SF
    $20

    HighLights

    • On‑site engineer.
    • Medical suites available for lease.
    • 3.4 parking spaces per 1,000 square feet in structured garage and surface lot.
    • Courtesy patrol.
    Property Profile Location Intelligence

    Current Use by Public Records

    MD Medical Management Medical Office WellMed at Northshore Medical Clinic Pregnancy Specialty Center ... Pregnancy Care Center Northshore Occupational Med Medical Clinic Nephrology Physicians-Houston: Stebye ... Nephrologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -95.1954971
    Latitude
    29.7719926

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    FAQs

    What type of property is this?
    Medical office - 5-Story Medical Office, 16,501 SF Available
    Where is this medical office located?
    The property is located at 1140 Westmont Dr Houston, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: On-site engineer.; Medical suites available for lease.; 3.4 parking spaces per 1,000 square feet in structured garage and surface lot.
    Request Owner's contact information
    1140 Westmont Dr Houston, TX 77015
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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
    1140 Westmont Dr Houston, TX 77015
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