2205 Clinton Dr Galena Park, TX 77547
- Office buildings
- 3,340 SF
- 0.23 lot acres
Current Use by Public Records
- Wah Kong D.D.S / Dentist
Property Details for 2205 Clinton Dr
- Year built
- 1953
- Construction
- BRICK
- Lot size
- 0.23 lot acres
- Property size
- 3,340 SF
- Property type
- Office buildings
- APN
- 730530130014
- APU
- 730530130014
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Galena Park
- County
- Harris
- State
- Texas
- Longitude
- -95.2457
- Latitude
- 29.7328
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
