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Property profile & analytics
OFF-MARKET Estimated value $555,000
Medical Office Space

2207 Crawford St Houston, TX 77002-8915

5,715 SF 0.34 ac lot Built 2004
Trust Owned 21-yr Hold ~ Est. High Equity
Property ID
US82-8030296
Property summary
AI-generated overview

This exceptional 5,480-square-foot freestanding medical office building, formerly a DaVita Dialysis Clinic, presents a unique investment opportunity in Houston's vibrant Midtown submarket. Situated on a 0.344-acre lot (15,000 square feet), the property boasts ample parking with 18 surface spaces and convenient access via two curb cuts. The single-story, Class B building was constructed in 2004 and features an iron fence surrounding the property. The building is currently vacant, offering flexibility for a variety of uses, including medical practices, retail businesses, or owner-operator ventures. Its prime location on Crawford Street at Hadley, within the Midtown Tax Increment Reinvestment Zone (TIRZ), ensures high visibility and accessibility. The property's Harris County location, with a Houston, Texas 77003 zip code, offers easy access to major thoroughfares and a thriving community. This single-tenant building presents a compelling opportunity for those seeking a well-located, versatile commercial space in a dynamic urban setting. The property's size, parking, and location make it an ideal choice for a variety of businesses seeking a prominent presence in Midtown Houston. The APN is 1246630010001.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Construction CONCRETE BLOCKS
Total area 5,715 SF
Lot 0.34 ac (15,002 SF)
APN 1246630010001
UPID US82-8030296
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
  • DaVita Downtown Houston Dialysis Center Medical Clinic
  • Dr. Samuel Magnus-Lawson Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$580k
Blend (final) Blend
$555k
Owner & transaction history
Valentine,craig M Trust · 21 yrs held
Valentine,craig M Trust
since 2004
1 recorded transaction
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $600,000 +65.1%
Commercial (general) $535,000 +46.5%
Auto repair, garage $535,000 +46.2%
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