0 Lake Houston Pkwy Houston, TX 77044
This exceptional 75,358-square-foot medical office building is situated on a 1.73-acre lot in Houston, Texas, offering unparalleled visibility and accessibility. The property boasts 267.17 feet of frontage along North Lake Houston Parkway, providing excellent exposure to high traffic volume. Its prime location near Beltway 8 ensures convenient access to major thoroughfares, including I-69 (Highway 59) approximately 10 minutes away and George Bush Intercontinental Airport (IAH) within 15 minutes. The property's proximity to Sheldon Lake State Park and Environmental Learning Center adds to its appeal. Furthermore, its location north of the Sheldon Business Park (Clay Development) places it within a thriving commercial area. The property is zoned unrestricted, presenting a multitude of development opportunities. The parcel's APN is 401580900608, and the zip code is 77044, within Harris County. The price per square foot is $14.51. This presents a unique investment opportunity in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.