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10611 Fairmont Pkwy La Porte, TX 77571-6006

OFF-MARKET Medical Office Space Google Maps
3,918 SF 0.67 ac lot Built 2002
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$295k
Range $266k – $325k (±10%)
Property ID US82-3030283

Property summary

AI-generated overview

This exceptional 3,275-square-foot Class A office building presents a unique investment opportunity. Situated on a 0.67-acre lot (6.7 acres total land) in Harris County, Texas, this property boasts a prime location with convenient access to La Porte Freeway and the SH Tollway. Built in 2022 and renovated in 2023, the single-story structure offers a modern and efficient layout, ideal for medical or creative office uses. The building features ample parking with a ratio of 5.8 spaces per 1,000 square feet. The property is zoned commercial and benefits from high visibility along Fairmont Parkway, a major thoroughfare with a reported 28,294 vehicles per day. The entire 3,275 square feet is currently vacant, providing immediate occupancy for a new tenant. Its proximity to La Porte Municipal Airport (a mere 4-minute drive) adds to its strategic appeal. The property's APN is 043-148-000-0318. This turnkey solution offers a rare combination of modern amenities, convenient location, and significant potential for growth in a thriving market. The property is ready for immediate occupancy.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Construction BRICK
Total area 3,918 SF
Lot 0.67 ac (29,338 SF)
APN 431480000318
UPID US82-3030283

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
1969
Price N/A
1969
Price N/A

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
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