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Property profile & analytics
FOR SALE
Medical Office Space

21660 Kingsland Blvd Katy, TX 77450

17,887 SF 3.14 ac lot Built 1986
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US82-4042741
Property summary
AI-generated overview

This single-story, 15,503 square foot medical office building in Katy, Texas, offers five suites for lease in a thriving medical hub. Built in 1986 and renovated in 2018, the Class B building is located at 21660 Kingsland Blvd, 77450, in Harris County. The property features ample parking and drive-up delivery access, making it convenient for patients and staff. Utilities, including water and electricity, are included. The building's location offers excellent visibility and accessibility, situated near major roadways including the Katy Tollway (90), and is close to Memorial Hermann Katy Hospital and Houston Methodist West Hospital. The area also boasts numerous pharmacies, a veterinary center, and other medical support services. A tenant improvement allowance is available for prospective tenants. The building currently houses a diverse range of medical tenants, including a family practice, wellness center, and internal medicine practice, creating a collaborative environment. The suites are adaptable to various medical practices and offer the opportunity to join a thriving medical community in a highly desirable location. The property is part of the Mason Creek Village Community, between S Mason Road and West Green Blvd.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction BRICK
Total area 17,887 SF
Lot 3.14 ac (136,617 SF)
APN 1165020000001
UPID US82-4042741
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
  • HEALTH-RITE PHARMACY Pharmacy
  • Dr. Lansing W. Yee, MD Pediatrician Physician
  • Poulose Sheba DO Physician
  • Dr. Pearl Govea, MD Pediatrician Physician
  • Dr. Humaira S. Raoof, MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$810k
Owner & transaction history
Gmg Kingsland LLC · 9 yrs held
Gmg Kingsland LLC
since 2017
6 recorded transactions
2020
Price N/A
2017
Price N/A
2015
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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