You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Medical Office Space

18838 S Memorial Dr Humble, TX 77338

10,850 SF 1.59 ac lot Built 1982
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US82-2101005
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 from IH-69 provides unparalleled access to major thoroughfares, including Hwy 59/69, Sam Houston Tollway, and FM 1960. Its proximity to George Bush Intercontinental Airport further enhances its appeal. The property features abundant parking and pylon signage availability. The lease type is NNN, and the investment type is classified as stabilized. The flexible space caters to both medical and creative office uses, offering significant upside potential through escalating rents and lease-up opportunities in currently vacant spaces. This property is ideal for investors seeking a strong performing asset in a high-growth area. The property address is 18838 S Memorial Dr, Humble, TX 77338, within Harris County.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Construction BRICK
Total area 10,850 SF
Lot 1.59 ac (69,226 SF)
APN 410510010592
UPID US82-2101005
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
  • Northeast Mental Health Crisis Clinic Medical Clinic
  • Mental Health Crisis Clinic in Northeast Medical Clinic
  • Dr. Ashok Khushalani Physician
  • Tree of Life Children's Academy Daycare Center
  • Carlos Guerra 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
by Request
Owner & transaction history
SCHMID-MOULTON PARKWAY
SCHMID-MOULTON PARKWAY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message