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    OFF-MARKET Estimated value $3,740,000
    Medical Office Space

    1315 St Joseph Pkwy, Houston, TX 77002-8233

    207,388 SF 0.72 ac lot Built 1984
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US82-2476522
    Property summary
    AI-generated overview

    This exceptional 18-story, Class B medical office building, MEDPLACE, totaling 170,554 square feet, is situated in the heart of downtown Houston at 1315 St Joseph Pkwy, 77002, Harris County, Texas. Currently undergoing Phase 2 of a comprehensive renovation (completed in 2019), the building offers 38 available spaces ranging from 842 to 15,059 square feet, with a minimum divisible space of 842 square feet and a maximum contiguous space of 8,500 square feet. Currently, 27,104 square feet is vacant. The building boasts convenient access to major thoroughfares including I-45, I-69, and Hwy 288, ensuring easy commutes for employees and patients. Its central location provides excellent proximity to Midtown, Montrose, and Eado neighborhoods. Enjoy stunning panoramic views of the city skyline and the Texas Medical Center. Building amenities include a skywalk connection to St. Joseph's Hospital, an eight-story on-site parking garage, and an on-site pharmacy. The building was constructed in 1984 and features elevators. This is a multi-tenant building offering a unique opportunity for medical professionals seeking a prestigious and well-equipped workspace in a vibrant urban setting.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1984
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 207,388 SF
    Lot 0.72 ac (31,250 SF)
    APN 21010000015
    UPID US82-2476522
    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
    Current use
    Occupant on record · Public records
    • Dr. Lawrence G. Root, MD Physician
    • Tony A Pham MD, PA Physician
    • St Joseph Pharmacy Pharmacy
    • John E Bertini, MD Physician Medical Clinic
    • Dr. Luda Kamenetsky, MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.74M
    Owner & transaction history
    Hsa Cgh LLC
    Hsa Cgh LLC
    since 2025
    4 recorded transactions
    2025
    2020
    2018
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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