Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11003 Resource Pkwy, Unit 6 Houston, TX 77089-6141
    Property profile & analytics

    11003 Resource Pkwy, Unit 6 Houston, TX 77089-6141

    View on Map
    • Medical Office Space
    • 10,952 SF
    • 1.12 lot acres
    Off-Market
    Property ID
    US82-2093613
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sheri Lynn Ratoosh, M.D., Ph.D. / Physician / Medical Clinic
    • Wendy C. Magee, M.D. / Physician / Medical Clinic
    • Muhammad Farrukh Noor / Pediatrician / Medical Clinic
    • Muhammad Noor / Pediatrician / Medical Clinic
    • Tommy J. Baugh, DDS / Dental Office

    Property Details for 11003 Resource Pkwy

    Year built
    1995
    Construction
    BRICK
    Lot size
    1.12 lot acres
    Property size
    10,952 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    1167200000003
    APU
    1167200000003

    Description

    This exceptional Houston medical office property, located at 11003 Resource Pkwy, 77089, offers two immediately available suites totaling 1,500 to 2,788 square feet. Built in 2000, the building features a flexible layout allowing for either individual occupancy or combination for larger tenants. Suite 105 boasts a spacious reception and waiting area, private offices, and a convenient breakroom. Suite 106 is perfectly configured for medical use, including a waiting room, reception area, seven exam rooms, a lab, and ample storage on the first floor. Upstairs, Suite 106 offers additional space with two offices, a staff lounge, and a file room. The property is conveniently located in Houston, Texas, near Resource Parkway. An unfinished second floor presents a significant opportunity for future expansion, catering to the growth needs of a thriving practice. The building does not have elevators. This is a multi-tenant property offering a unique blend of functionality and potential. The suites are move-in ready, eliminating the need for extensive renovations and allowing for immediate business operations.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.2084
    Latitude
    29.5868
    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
    $10,851
    $292,308
    $1,223,308
    $1,515,616
    -
    $292,308
    $1,223,308
    $1,515,616

    Comparable in this City

    • Value Estimation by Request
      12,922 SF

      11717 Highland Mdw Dr

      MEDICAL BUILDING • 12,922 SF
      11717 Highland Mdw Dr, Houston, TX 77089-6830
      View Details
    • Value Estimation by Request
      6,153 SF

      11035 Resource Pkwy

      MEDICAL BUILDING • 6,153 SF
      11035 Resource Pkwy, Houston, TX 77089-6071
      View Details
    • Value Estimation by Request
      2,966 SF

      11700 Beamer Rd

      MEDICAL BUILDING • 2,966 SF
      11700 Beamer Rd, Houston, TX 77089-3102
      View Details
    • Value Estimation by Request
      11,469 SF

      13310 Beamer Rd

      MEDICAL BUILDING • 11,469 SF
      13310 Beamer Rd, Houston, TX 77089-6093
      View Details
    • Value Estimation
      $845,000
      13,224 SF

      11508 Pearland Pkwy

      MEDICAL BUILDING • 13,224 SF
      11508 Pearland Pkwy, Houston, TX 77089-2698
      View Details
    • Value Estimation
      $640,000
      11,551 SF

      12727 Beamer Rd

      MEDICAL BUILDING • 11,551 SF
      12727 Beamer Rd, Houston, TX 77089-1550
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6 SF

      Former Child Care Center ForSale

      Commercial property suitable for retail or office use.
      10911 Sabo Rd, Houston, TX 77089
      View Details
    • Contact for pricing

      Houston Land Near Hobby Airport

      Land conveniently located near major transportation and business hubs.
      Dickinson Rd & Gulf Pointe Dr, Houston, TX 77089
      View Details
    • Contact for pricing

      Cleared Land Parcel For Sale

      0.6411-acre cleared land parcel in high-visibility location.
      Beamer Rd, Houston, TX 77089
      View Details
    • Contact for pricing

      Land on I-45 Available

      Commercial land with high traffic counts on I-45.
      11101 Fuqua St, Houston, TX 77089
      View Details
    • $1,000,000

      Land For Sale Houston

      Land available for sale in Houston, Texas.
      Dickinson Rd, Houston, TX 77089
      View Details
    • Contact for pricing

      Updated Triplex: Investor Opportunity

      Charming, updated triplex with rental income potential in great location.
      10134 Kirkglen Dr, Houston, TX 77089
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Office Space Available

      Medical office space with easy highway access and ample parking.
      11717 Highland Meadow Dr, Houston, TX 77089
      View Details
    • Contact for pricing

      Houston Commercial Space Near Campus

      Commercial space for rent near San Jacinto College South Campus.
      13630 Beamer Rd, Houston, TX 77089
      View Details
    • Contact for pricing
      3,565 SF

      Office Space For Rent

      Office space available in a good location with ample parking.
      13630 Beamer Rd, Houston, TX 77089
      View Details
    • Contact for pricing

      Restaurant Space at Fuqua Center

      Second-generation restaurant space with patio and full kitchen infrastructure.
      12810 Gulf Fwy, Houston, TX 77089
      View Details
    • $4,000 /Mo
      3,200 SF

      Adaptable Warehouse with Office Space

      3,200 SF flex space with warehouse and office in Houston.
      10520 Mango St, Houston, TX 77089
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,500 to 3,440 SqFt.
      10904 Scarsdale Blvd, Houston, TX 77089
      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.
    11003 Resource Pkwy, Unit 6
    Houston, TX 77089-6141
    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

    Thank You for Inquiry
    11003 Resource Pkwy, Houston, TX, 77089
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!