Property profile

21212 Northwest Fwy Cypress, TX 77429

OFF-MARKET
Office Spaces
168,537 SF 1 ac lot Built 2008
Saved · see the list in your Dashboard

Property summary

AI-generated overview

North Cypress Medical Plaza II, a Class A, six-story medical office building totaling 168,537 square feet, presents a unique investment opportunity. Located in Harris County on the HCA North Cypress Medical Center campus, this 2008-built property offers 23 available suites ranging from 1,131 to 12,351 square feet. Recent renovations showcase upgraded lobbies and high-end common area finishes, enhancing the professional image for tenants. The building benefits from a highly desirable location, boasting prominent visibility and easy access via multiple entry points from US Route 290 and Huffmeister Road, with over 123,000 and 15,000 average daily vehicles respectively. Convenient amenities include complimentary valet parking and, for Building II, skyway connectivity to an on-site parking garage. The strong surrounding demographics are a key advantage, with over 110,360 people residing within a three-mile radius, exhibiting an average household income exceeding $101,607 and high private insurance coverage rates. This presents a robust consumer base for tenants. The single-building property sits on one acre of land and features a multi-tenant occupancy. This exceptional medical office space offers a compelling combination of modern amenities, convenient location, and a strong demographic profile.

Property profile

Verified
Property type Office Spaces
Year built 2008
Total area 168,537 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician
  • Physician
  • Physician Hospital

Location

21212 Northwest Fwy Cypress, TX 77429
Cypress metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 21212 Northwest Fwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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