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    2940 Farm To Market 2920 Spring, TX 77388

    Sponsored
    For Lease
    $22 SF/Yr

    Modern medical office, one suite available.

    Lot size:
    20,473 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional single-story medical office building, constructed in 2018, presents a unique investment opportunity. The entire building encompasses 20,473 square feet and sits on a generous 3.5-acre lot, providing ample parking and visibility. Currently, only one suite remains available for lease or purchase, offering 3,441 square feet of well-appointed space. Ideal for a variety of medical practices, this building boasts a prime location in a highly desirable area, ensuring strong tenant demand and potential for significant return on investment. The building's modern design and single-tenant occupancy provide ease of management and maintenance. The property's single-story configuration offers convenient accessibility for patients and staff. With its strategic location and attractive features, this medical office building represents a compelling opportunity for discerning investors seeking a stable and high-growth asset. The property's size and layout offer flexibility for a variety of medical specialties. The expansive land area provides ample room for future expansion or additional amenities. This is a rare opportunity to acquire a well-maintained, modern medical office building in a thriving market. Don't miss out on this exceptional investment prospect.

    Property Features for 2940 Farm To Market 2920

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,473 SF
    Total Rate
    38386.88

    Building Details

    Year Built
    2018
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 190
    Size
    3,441 SF
    Rate per SF
    $22

    HighLights

    • Medical office building totaling 20,473 square feet.
    • Single‑story building constructed in 2018.
    • Located on a 3.5‑acre site.
    • Currently features one suite available, measuring 3,441 square feet.
    • Multiple tenancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.460786912707
    Latitude
    30.070925430348

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    FAQs

    What type of property is this?
    Medical office - Modern medical office, one suite available.
    Where is this medical office located?
    The property is located at 2940 Farm To Market 2920 Spring, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Medical office building totaling 20,473 square feet.; Single-story building constructed in 2018.; Located on a 3.5-acre site.
    Request Owner's contact information
    2940 Farm To Market 2920 Spring, TX 77388
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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
    2940 Farm To Market 2920 Spring, TX 77388
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