18838 S Memorial Dr Humble, TX 77338
For Sale
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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.
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Northeast Mental Health Crisis Clinic Medical Clinic
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Mental Health Crisis Clinic in Northeast Medical Clinic
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Dr. Ashok Khushalani Physician
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Tree of Life Children's Academy Daycare Center
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Carlos Guerra Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.