Property profile

121 Vision Park Blvd Shenandoah, TX 77384

OFF-MARKET
Office buildings
Property ID
US83-2401611
56,028 SF 3.5 ac lot Built 2018
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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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

Location

121 Vision Park Blvd Shenandoah, TX 77384-3026
Shenandoah metro Census 690702 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2017
3 recorded transactions
2018
Price N/A
2017
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $8.7M +93.8%
Restaurant $6.7M +48.4%
Warehouse, storage $5.3M +17.8%

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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