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    7065 East Fwy Houston, TX 77020

    • Medical offices
    • 9,880 SF
    • 1.23 lot acres
    For Sale
    View listing
    $3,730,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2244151
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • DaVita Denver Harbor Dialysis / Dialysis Center / Local Medical Services

    Property Details for 7065 East Fwy

    Year built
    2002
    Construction
    WOOD FRAME
    Lot size
    1.23 lot acres
    Property size
    9,880 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    1216220010001
    APU
    1216220010001

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.2994
    Latitude
    29.7755
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $57,319
    $907,613
    $2,357,747
    $3,265,360
    -
    $907,613
    $2,357,747
    $3,265,360

    Comparable in this City

    • Value Estimation by Request
      8,450 SF

      2133 Lockwood Dr

      MEDICAL BUILDING • 8,450 SF
      2133 Lockwood Dr, Houston, TX 77020-4421
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    • Value Estimation
      $260,000
      1,406 SF

      7008 Lyons Ave

      MEDICAL BUILDING • 1,406 SF
      7008 Lyons Ave, Houston, TX 77020-5359
      View Details
    • Value Estimation
      $330,000
      3,811 SF

      7112 Lyons Ave

      MEDICAL BUILDING • 3,811 SF
      7112 Lyons Ave, Houston, TX 77020-5361
      View Details
    • Value Estimation by Request
      3,848 SF

      4519 Lyons Ave

      MEDICAL BUILDING • 3,848 SF
      4519 Lyons Ave, Houston, TX 77020-2648
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    • Value Estimation by Request
      4,854 SF

      742 Shotwell St

      MEDICAL BUILDING • 4,854 SF
      742 Shotwell St, Houston, TX 77020
      View Details
    • Value Estimation by Request
      4,275 SF

      424 Hahlo St

      MEDICAL BUILDING • 4,275 SF
      424 Hahlo St, Houston, TX 77020-3022
      View Details

    Similar Nearby for Sale

    • $3,730,000
      8,880 SF

      East Fwy Medical Office Building

      Houston medical office, strong tenant, NNN lease.
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    • Contact for pricing
      7,550 SF

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      7,550 SF Medical Office - Ideal Location
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      4.40 Acres

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      Prime East End land, ideal for development.
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      Two Adjacent Lots in Houston

      Two adjacent unimproved lots with building potential in rapidly rising neighborhood.
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    • $75,000

      Development Ready Lot Near Downtown

      6,000 SF lot near Downtown Houston ready for development.
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      Fenced, cleared lot ready for building near major developments.
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    Similar Nearby for Lease

    • $25 SF/Yr
      7,550 SF

      Prime Houston Medical Office Space

      7,550 SF Medical Office - Houston, TX
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    • $25 SF/Yr
      7,550 SF

      Former Dialysis Center Available

      Medical office space for lease or sale with ample parking.
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      50,100 SF

      Industrial Warehouse with Outside Storage

      50,100 SF warehouse with fenced, stabilized storage.
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      22,488 SF

      Retail Space in Houston

      Retail property available for lease in Houston, Texas.
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      Lyons Ave Commercial Land Lease

      Prime 12,500 SF Corner Lot
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      12,600 SF

      Retail Building For Lease

      Multi-tenant retail building available for lease near San Jacinto College.
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    7065 East Fwy
    Houston, TX 77020
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    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.

    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
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