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Property profile & analytics
FOR LEASE
Medical Office Space

18525 Lake Houston Pkwy Humble, TX 77346

15,514 SF 0.96 ac lot Built 2002
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3939042
Property summary
AI-generated overview

This exceptional two-story office building, totaling 13,665 square feet, is situated at 18525 W Lake Houston Parkway in Humble, Texas, zip code 77346. Constructed in 2002, the property boasts excellent visibility on West Lake Houston Parkway, benefiting from its location in the rapidly expanding Atascocita area of Harris County. The building offers multiple tenancies, although currently fully occupied. While specific suite sizes are not currently available, the building provides ample space for various professional office needs. Parking is readily available, with a ratio of approximately 3 spaces per 1,000 square feet. This property presents a unique opportunity to establish a presence in one of the nation's fastest-growing communities. Atascocita's dynamic growth trajectory, noted as the second-highest growth area in the United States in 2009 by the Gadberry Group, makes this a highly desirable location for businesses seeking expansion or relocation. The building's prime location and modern construction ensure a high-quality workspace for tenants. Inquire today for leasing information.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Construction BRICK
Total area 15,514 SF
Lot 0.96 ac (41,617 SF)
APN 1205900010088
UPID US82-3939042
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
  • The Center for Audiology Hearing Aid Store Audiologist
  • Texas Talks Speech & Teletherapy Services, LLC Physician
  • Tribune Newspaper Publishing House Newspaper & Magazine
  • NRL Mortgage - The Curtis Group Loan Service Bank
  • Victor Manon Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$593k
Blend (final) Blend
$565k
Owner & transaction history
Otis Properties INC · 18 yrs held
Otis Properties INC
since 2007
2 recorded transactions
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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