2205 Clinton Dr Galena Park, TX 77547-2759
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.
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Wah Kong D.D.S Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.