Financial
Distress signals
Property profile

18838 S Memorial Dr Humble, TX 77338

FOR SALE
Medical Office Space
Property ID
US82-2101005
10,850 SF 1.59 ac lot Built 1982
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a stabilized, multi-tenant office complex totaling 25,283 square feet across two single-story buildings situated on a 1.58-acre lot in Humble, Texas. The property boasts an impressive 80.55% occupancy rate, anchored by key tenants including Memorial Hermann Health System, Tree of Life Children Academy, and Precision Urology. The property's prime location directly across South Memorial Drive from Memorial Hermann Northeast Hospital and minutes

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2024$1.66M
Assessed land$346k
Assessed improvement$1.31M
Effective rate0.84%

Value estimate

· Sep 2026
$350k
$315k – $385k
AI approach$435k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHARRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.2
Butcher8.2
Pet Grooming Service7.9

Location

18838 S Memorial Dr Humble, TX 77338
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

14 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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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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