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    9009 Loop Houston, TX 77096

    Sponsored
    For Sale
    Contact for pricing

    Prime Houston medical office, adaptive reuse potential.

    Property size:
    472,874 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 472,874 square foot, eleven-story Class B medical office building at 9009 West Loop South in Houston, Texas, presents a unique adaptive reuse investment opportunity. Built in 1975 and renovated in 2014, the property sits on a 6.69-acre lot and is currently vacant. Its former use as the US headquarters for Saudi Aramco makes it ideally suited for conversion into various healthcare uses. Market analysis indicates extremely low vacancy rates for nearby senior living (under 8%) and assisted living/care facilities (0%), suggesting strong potential for assisted-living, senior living, or memory care facilities. Other potential conversions include skilled nursing, hospice, inpatient behavioral healthcare, or other acute treatment facilities. The building enjoys a premier Inner Loop location, surrounded by prestigious neighborhoods like Meyerland and Braeswood, and close to upscale amenities in Uptown/Galleria and Greenway Plaza. Its convenient location along Loop 610's feeder road provides easy access to major freeways including Interstate 10, US Highway 59, US Highway 290, US Highway 288, and the Westpark Tollway, ensuring excellent transportation links. This property offers a compelling investment opportunity in a high-demand market. The zip code is 77096, located in Harris County.

    Property Features for 9009 Loop

    General Information

    Property type
    Medical offices
    Square Feet
    472,874 SF
    Class
    B
    Lot Size
    291,416 SF

    Building Details

    Year Built/Renovated
    1975/2014
    Stories
    11

    HighLights

    • Exceptional adaptive reuse opportunity: Former Saudi Aramco US headquarters, ideal for conversion to assisted living, senior living, or memory care.
    • High demand: Nearby senior living communities boast less than 8% vacancy, with assisted living facilities at 0% vacancy.
    • Versatile conversion potential: Suitable for skilled nursing, hospice, inpatient behavioral healthcare, or other acute treatment facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Benjamin Orman, MD Pulmonologist Zenith Virtual Solutions ... Call Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4576322
    Latitude
    29.6838523

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    FAQs

    What type of property is this?
    Medical office - Prime Houston medical office, adaptive reuse potential.
    Where is this medical office located?
    The property is located at 9009 Loop Houston, TX.
    What are key features of this property?
    This property features: Exceptional adaptive reuse opportunity: Former Saudi Aramco US headquarters, ideal for conversion to assisted living, senior living, or memory care.; High demand: Nearby senior living communities boast less than 8% vacancy, with assisted living facilities at 0% vacancy.; Versatile conversion potential: Suitable for skilled nursing, hospice, inpatient behavioral healthcare, or other acute treatment facilities.
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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
    9009 Loop Houston, TX 77096
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