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    Property profile & analytics
    OFF-MARKET Estimated value $6,310,000
    Office buildings

    121 Vision Park Blvd, Shenandoah, TX 77384-3026

    56,028 SF 3.5 ac lot Built 2018
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US83-2401611
    Property summary
    AI-generated overview

    This exceptional three-story medical office building, constructed in 2019, offers a prime opportunity for healthcare professionals seeking flexible and modern space in the thriving Shenandoah, Texas market. Located at 121 Vision Park Blvd, this 58,000 square foot building boasts ample parking with 1,000 spaces available. The property sits on a 3.49-acre lot in Montgomery County, offering convenient access and visibility. Multiple tenancy options are available, with suites ranging from a minimum of 2,990 square feet to a maximum contiguous space of 7,677 square feet, catering to various practice sizes and needs. The building's strategic location provides unparalleled access to major medical facilities, including CHI St. Luke’s Health The Woodlands Hospital, Texas Children’s Hospital The Woodlands, Houston Methodist The Woodlands Hospital, and Memorial Herman The Woodlands Hospital, as well as convenient proximity to Town Center, Research Forest, and Hughes Landing. This is an ideal location for medical practices seeking high visibility and convenient access for patients and staff. The building's modern design and ample parking ensure a comfortable and efficient environment for both patients and staff. This opportunity presents a rare chance to establish or expand a medical practice in a highly desirable and rapidly growing area. Contact us today to learn more about available suites and lease terms.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2018
    Total area 56,028 SF
    Lot 3.5 ac (152,591 SF)
    APN 9446-03-00120
    UPID US83-2401611
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.97M
    Blend (final) Blend
    $6.31M
    Owner & transaction history
    Vp2 Partners LP · 9 yrs held
    Vp2 Partners LP
    since 2017
    3 recorded transactions
    2018
    2017
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $8.7M +93.8%
    Restaurant $6.7M +48.4%
    Warehouse, storage $5.3M +17.8%
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