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    8731 Katy Fwy Houston, TX 77024

    • Medical offices
    • 109,601 SF
    • 2.00 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US83-3726225
    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

    • Federal American Grill / American Restaurant
    • Memorial Plastic Surgery / Medical Clinic / Plastic Surgeon
    • Memorial Plastic Surgery: Kendall Roehl, MD, FACS / Plastic Surgeon / Laser Hair Removal Service
    • Kent G. Davis, MD / Plastic Surgeon / Otolaryngologist
    • Memorial Plastic Surgery: Vasileios Vasilakis, MD, FACS / Plastic Surgeon

    Property Details for 8731 Katy Fwy

    Year built
    2018
    Construction
    STEEL FRAME
    Lot size
    2.00 lot acres
    Property size
    109,601 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    1406070010001
    APU
    1406070010001

    Description

    Hedwig Place, a Class A medical office building, offers 102,775 square feet of space at 8731 Katy Fwy, Houston, TX 77024. This single, five-story building, constructed in 2019, sits on a 2-acre lot in Harris County and boasts 15,576 square feet of immediately available space. Multiple tenancy options are available, ranging from 3,586 to 6,919 square feet, perfect for medical practices seeking move-in ready suites. The building features upscale interior finishes and a modern design, creating a welcoming atmosphere for both patients and staff. Its prime location on the Katy Freeway (I-10) in the Memorial Villages provides excellent freeway visibility and proximity to Memorial Hermann Memorial City Hospital, as well as numerous upscale residential areas, fine dining, and retail options. The building offers ample parking with a 4 spaces per 1,000 square feet ratio. The property's APN is 1406070010001. This is an exceptional opportunity for medical professionals seeking a high-quality, conveniently located space in a thriving Houston submarket.

    Value Estimation

    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
    -95.5047
    Latitude
    29.7832
    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
    $252,112
    $4,356,000
    $42,803,177
    $47,159,177
    -
    $4,356,000
    $42,803,177
    $47,159,177

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      8801 Gaylord Dr

      MEDICAL BUILDING • 9,624 SF
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    • Value Estimation by Request
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      10125 Katy Fwy

      MEDICAL BUILDING • 734,856 SF
      10125 Katy Fwy, Houston, TX 77024-1286
      View Details

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      Hedwig Place Medical Office Suites

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      Town & Country Office Space

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      Office Space Available For Rent

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      Office Space on Katy Freeway

      Office space available for lease on Katy Freeway.
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    Houston, TX 77024
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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
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