12000 Richmond Ave, Houston, TX 77082-2431
This exceptional three-story, 75,226 square foot medical office building in the West Houston Medical submarket presents a unique investment opportunity. Strategically located at the corner of Richmond Avenue and S. Kirkwood Road, this property boasts a prime location directly across from the West Houston Medical Center and Royal Oaks Country Club, ensuring high visibility and convenient access for patients and staff. The building features a striking three-story atrium, providing a welcoming and modern atmosphere. Ample parking is available with a 3.5/1,000 parking ratio, including free surface parking, covered parking, and reserved parking options. Security is a priority, with controlled building access and after-hours card-key access ensuring a safe and secure environment. Currently, there are 15 available spaces ranging from 422 to 5,559 square feet, suitable for a variety of medical practices. The building's prominent location allows for building and monument signage opportunities, enhancing visibility and brand recognition. Its proximity to numerous restaurants and retail establishments adds further convenience. The building's tenant mix includes established medical providers such as Memorial Hermann, reflecting its desirability and strong market position. This is an exceptional opportunity to secure space in a thriving medical hub.
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Akkerman Rhonda Physician Medical Clinic
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Dr. Kirandeep Kaur, DO Physician
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Pain & Rehabilitation Solutions Medical Clinic
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Inclusive MRI & diagnostics Medical Clinic
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Xhilarate Wellness Spa Medical Spa Wellness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.