Building Details

Year Built 1983

Listing Agency: Transwestern - Houston c***@transwestern.com Show Phone

Listed By: Christian Connell · License #639115 Show Phone

Source: Transwestern

Added: Jun 16 Changed: Jul 10 Last Checked: Aug 5 at 3:55AM

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Investment Insights

Based on property information with market context.

Memorial Med is a medical office building that has been transformed into a dedicated healthcare destination through a thoughtful interior redesign. The property is positioned to support provider operations with modern functionality and community-based healthcare use in mind, backed by experienced medical ownership.

Located at 9432 Katy Fwy in Houston’s Memorial district, the facility emphasizes exceptional accessibility for patients and visitors. Its positioning within one of the city’s more dynamic and affluent neighborhoods is intended to support convenient day-to-day visits alongside provider workflows.

For buyers seeking a medical-focused office asset, Memorial Med offers a purpose-oriented environment aligned with community healthcare needs. The combination of redesigned interiors and provider-centered functionality may appeal to practices looking for a turnkey medical office setting rather than a general office layout.

Key Highlights

• Medical office facility built in 1983
• Modernized and redesigned interiors for community‑based healthcare
• Designed for strong accessibility in Houston’s Memorial district

Property Analytics

Property Profile

Current Use

Macquarie Medical International Medical Clinic Houston OCD Counseling Foundation Burzynski Clinic Medical Clinic Dr. W Dermatology Physician Burzynski Research Institute Research Institute

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service Electrical Service Tanning Salon Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,180

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 77055, TX

42,766

Population

17,845

Households

2.4

Avg Household Size

35

Median Age

40%

College-Educated

78%

High-School Grad

8.4 sq mi

ZIP Area

5,091

Density / Sq Mi

$73,297

Median Household Income

$41,443

Median Earnings

$1,239

Median Rent

$577,800

Median Home Value

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019

24.5% 2020

25.2% 2021

26% 2022

25.3% 2023

25.5% 2024

24.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Modernized medical office facility designed to support community-based healthcare with strong access in Houston’s Memorial district.

Where is this medical office space located?

The property is located at 9432 Katy Fwy Houston, TX.

What are key features of this property?

This property features: Medical office facility built in 1983; Modernized and redesigned interiors for community‑based healthcare; Designed for strong accessibility in Houston’s Memorial district