Rehabilitation Center with Aquatic
New
For Sale
Contact for pricing
9402 Mesa Dr, Houston, TX 77028
Freestanding healthcare facility with treatment rooms, therapy space, administrative offices, and patient reception areas.
Property Size3,532 SF
Lot Size0.29 Acres
Price / SF$225.93
Days on Market4
Property Features for 9402 Mesa Dr
General Information
Standard status
Active
Size
3,532 SF
Class
B
Total Parking Spaces
13
Lot size
0.29 Acres
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
monument signage
aquatic rehabilitation pool
rehabilitation and therapy area
private treatment rooms
administrative offices
break room
reception and waiting area
Building Details
Year Built
1966
Year Renovated
2018
Buildings
1
Units
1
Tenancy
Single
Building Size
3,532 SF
Listing Agency:
Coldwell Banker Realty
Listed By:
T.J. Van Auken · License #TX 538047
Source:
Crexi
Added: Aug 2
Changed: Aug 5
Last Checked: Aug 5 at 7:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This freestanding rehabilitation facility contains ±3,532 SF on approximately 12,527 SF of land. The layout includes an aquatic rehabilitation pool, open therapy and rehabilitation space, several private treatment rooms, administrative offices, a break room, and a substantial reception and waiting area. The building was renovated in 2018 and was originally built in 1966. Equipment may be included, supporting a range of rehabilitation, physical therapy, chiropractic, wellness, medical clinic, and specialty healthcare operations.
Positioned along Mesa Drive in the East Houston corridor near Tidwell Drive, the property offers monument signage, on-site parking, and convenient access to Loop 610, US 90, and Downtown Houston. It is located opposite Fiesta Grocery store and near schools, community services, retail, neighborhood businesses, and residential areas. The surrounding context includes the 127-acre Robins Landing mixed-income master-planned community.
Positioned along Mesa Drive in the East Houston corridor near Tidwell Drive, the property offers monument signage, on-site parking, and convenient access to Loop 610, US 90, and Downtown Houston. It is located opposite Fiesta Grocery store and near schools, community services, retail, neighborhood businesses, and residential areas. The surrounding context includes the 127-acre Robins Landing mixed-income master-planned community.
Key Highlights
- ±3,532 SF freestanding rehabilitation facility
- Approximately 12,527 SF of land
- Dedicated aquatic rehabilitation pool and therapy area
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.0k | $25.20 |
| − Vacancy | −$8.9k | −$2.52 |
| EGI | $80.1k | $22.68 |
| − OpEx | −$32.0k | −$9.07 |
| NOI | $48.1k | $13.61 |
3,532 SF · lease $25.20/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$686.6K
$600.8K – $801.1K
NOI $48,063 @ 7.0% cap · market cap 6.02%
Second Best
Office B
$588.5K
$515.0K – $686.6K
NOI $41,197 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$908.2K
$794.7K – $1.06M
NOI $63,576 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 77028, TX
18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Rehabilitation center - Freestanding healthcare facility with treatment rooms, therapy space, administrative offices, and patient reception areas.
Where is this rehabilitation center located?
The property is located at 9402 Mesa Dr Houston, TX.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: ±3,532 SF freestanding rehabilitation facility; Approximately 12,527 SF of land; Dedicated aquatic rehabilitation pool and therapy area
