Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14815-14897 Southwest Fwy Sugar Land, TX 77478

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14815-14897 Southwest Fwy Sugar Land, TX 77478

    View on Map
    • Office properties & Spaces
    • 90,143 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 14815-14897 Southwest Fwy

    Property size
    90,143 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional medical office complex, located in the thriving Sugar Land submarket of Houston, Texas, offers a unique opportunity for healthcare providers seeking flexible and strategically positioned space. The property, identified as Sugar Creek Health Center, comprises three single-story buildings totaling 90,143 square feet. The buildings are classified as Class B and boast a convenient location with easy access to the Southwest Freeway (I-69) and Highway 6, ensuring excellent visibility and accessibility for patients and staff. Multiple tenancy options are available, with spaces ranging from a minimum of 1,148 square feet to a maximum contiguous space of 7,511 square feet, catering to a variety of practice sizes and needs. The property's address is 14815-14897 Southwest Fwy, Sugar Land, TX 77478, within Fort Bend County. The property's APN is 0015-00-000-0112-907. Five spaces are currently available. This presents a rare chance to establish or expand a medical practice in a high-demand area with excellent infrastructure and convenient access for patients. The property's strategic location within the Sugar Land submarket cluster makes it an ideal choice for healthcare professionals seeking a thriving and accessible location for their practice.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sugar Land
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.609
    Latitude
    29.6099

    Comparable in this City

    • Value Estimation by Request
      21,298 SF

      8410 Alt

      Individual retail properties • 21,298 SF
      8410 Alt, Sugar Land, TX 77478
      View Details
    • Value Estimation by Request
      7,450 SF

      310 Highway 6

      Medical Office Space • 7,450 SF
      310 Highway 6, Sugar Land, TX 77478
      View Details
    • Value Estimation by Request
      128,210 SF

      1111-1211 Highway 6

      Medical Office Space • 128,210 SF
      1111-1211 Highway 6, Sugar Land, TX 77478
      View Details
    • Value Estimation by Request
      62,964 SF

      15400 Southwest Fwy

      Medical Office Space • 62,964 SF
      15400 Southwest Fwy, Sugar Land, TX 77478
      View Details
    • Value Estimation by Request
      15,451 SF

      13515 Southwest Fwy

      Medical Office Space • 15,451 SF
      13515 Southwest Fwy, Sugar Land, TX 77478
      View Details
    • Value Estimation by Request
      63,720 SF

      15200 Southwest Fwy

      Medical Office Space • 63,720 SF
      15200 Southwest Fwy, Sugar Land, TX 77478
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,156 SF

      Sugar Land Office Space Available

      Office condos for sale or lease near Highway 59.
      50-56 Sugar Creek Center Blvd, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      516,523 SF

      Sugar Land Executive Office Building

      Class A Office, 516,523 SF, High Growth Market
      14141 Southwest Fwy, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      10,863 SF

      Sugar Land Office Building Investment

      Two-story office building with prime freeway frontage and long-term tenants.
      15140 Southwest Fwy, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      3,148 SF

      Sugar Land Waterfront Live+Work Townhome

      Waterfront live+work townhome with elevator, pro kitchen, and dual patios.
      1416 Lake Pointe Pkwy, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      1,279 SF

      Move-in Ready Sugar Land Office

      Office space for sale or lease in Sugar Land, Texas.
      52 Sugar Creek Center Blvd, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      4,243 SF

      Lake Pointe Mixed-Use Building

      4,246 SF building in a mixed-use town center.
      1423 Lake Pointe Pkwy, Sugar Land, TX 77478
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,200 SF

      Prime Medical Office Space in Fort Bend

      13,200 SF Medical Building, 5,085 SF Available
      1437 Highway 6, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      2,517 SF

      Healthcare Property Available For Rent

      2,517 square foot healthcare property available for rent.
      1111 Highway 6, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      120,596 SF

      Medical Office Building For Rent

      Medical office building with 120,596 square feet available for rent.
      1327 Lake Dr, Sugar Land, TX 77478
      View Details
    • Contact for pricing

      Commercial Office Space For Rent

      Commercial office space in Sugar Land's medical and business corridor.
      16701 Creek Bend Dr, Sugar Land, TX 77478
      View Details
    • $20 SF/Yr
      1,689 SF

      Sugar Land Office Space For Rent

      Office space for rent in Lake Pointe Town Center.
      1235 Lake Pointe Pkwy, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      3,873 SF

      Turnkey Retail Medical Office Building

      Class A, 3,873 SF retail/medical office in Sugar Land.
      2455 Highway 6, Sugar Land, TX 77478
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14815-14897 Southwest Fwy
    Sugar Land, TX 77478
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!