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11161 Shadow Crk Pkwy Pearland, TX 77584-7222

OFF-MARKET Medical Office Space Google Maps
24,205 SF 1.63 ac lot Built 2019
Individually Owned 20-yr Hold Free & Clear
Estimated value (blended)
$860k
Range $774k – $946k (±10%)
Property ID US82-9381258

Property summary

AI-generated overview

This exceptional Class A medical office building, located at 11161 Shadow Creek Parkway in Pearland, Texas, offers a prime opportunity for medical professionals seeking versatile and modern space. Built in 2019, this two-story building boasts a total of 24,230 square feet, with 7,350 square feet currently available for lease. The building features convenient amenities including elevators and 24-hour access, ensuring flexibility and convenience for tenants and their patients. Multiple tenancy options are available, ranging from 1,100 square feet to 6,250 square feet, catering to a variety of practice sizes and needs. The building's prime location in Brazoria County, with easy access via Shadow Creek Parkway, provides excellent visibility and accessibility for patients. This property is ideal for established medical practices looking to expand or new practices seeking a modern, well-equipped space in a thriving community. The building's modern design and high-quality construction ensure a professional and comfortable environment for both staff and patients. The available space presents a unique opportunity to establish or grow a successful medical practice in a desirable location. The zip code is 77584.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2019
Total area 24,205 SF
Lot 1.63 ac (71,046 SF)
APN 0675-0005-002
UPID US82-9381258

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
  • Dental Office
  • Dental Office
  • Gym & Fitness Center Alternative Medicine Practice
  • Medical Clinic
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
by Request
Comparable Approach Comparable
$857k
Blend (final) Blend
$860k

Owner & transaction history

since 2006
2 recorded transactions
2020
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.4M +5.7%

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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