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Property profile & analytics
OFF-MARKET
Office buildings

2205 Clinton Dr Galena Park, TX 77547-2759

3,340 SF 0.23 ac lot Built 1953
Individually Owned 23-yr Hold ~ Est. High Equity
Property ID
US82-3696183
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,340 square foot, two-unit medical office building in Galena Park, Texas, situated on a 0.23-acre lot. The property, built in 1953, boasts a fee-simple ownership and is currently 50% occupied. One 1,670 square foot unit houses an established dental practice with a loyal patient base, offering a potential for continued operation or transition. The second, equally sized unit is vacant, providing flexibility for expansion of the existing practice, addition of a dental specialty, or lease for supplemental income. The asking price is $797,000 ($150/sq ft), with a pro-forma NOI of $20,040. The property's location, one mile from Loop 610, offers excellent accessibility. This presents a unique opportunity for a new dentist, an expanding dental group, or an investor seeking a strong return. The existing practice has been operational for 30 years and features three exam rooms with potential for further build-out. The property offers a low Medicaid patient base, enhancing its financial stability.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1953
Construction BRICK
Total area 3,340 SF
Lot 0.23 ac (9,801 SF)
APN 730530130014
UPID US82-3696183
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
  • Wah Kong D.D.S Dental Office
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
Wah J Kong · 23 yrs held
Wah J Kong
since 2002
1 recorded transaction
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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