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12727 Kimberley Ln Houston, TX 77024

Medical Office Space Google Maps
86,400 SF 1.5 ac lot Built 1972
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$920k
Range $828k – $1.01M (±10%)
Property ID US82-2038521

Property summary

AI-generated overview

This exceptional 3,344 square foot medical office building, located at 12727 Kimberley Lane in Houston, Texas, presents a unique opportunity for immediate occupancy. The entire space is currently vacant, offering flexibility for a single tenant or the potential to be subdivided for multiple occupants. Situated in Harris County, zip code 77024, this property boasts convenient access and ample parking with 10 spaces available. The building is classified as a medical office and is ideal for a variety of healthcare practices. The property's total square footage is 3,344 square feet, all of which is readily available for lease. A flexible sublease term is available, providing adaptability to suit various business needs. This turnkey solution eliminates the need for extensive renovations, allowing for a swift and efficient move-in process. The property's location in Houston offers excellent visibility and accessibility for patients and staff. This is an exceptional opportunity to secure a prime medical office space in a thriving Houston neighborhood. The property is ready for immediate occupancy, making it an attractive option for businesses seeking a quick and seamless transition. Interested parties are encouraged to inquire further to explore the possibilities this property offers.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Construction BRICK
Total area 86,400 SF
Lot 1.5 ac (65,340 SF)
APN 401600000112
UPID US82-2038521

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
  • Medical Clinic
  • Physician
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
1969
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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