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Property profile & analytics
FOR SALE
Medical Office Space

2715 Fannin St Houston, TX 77002

2,817 SF 0.29 ac lot Built 1960
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US82-4531664
Property summary
AI-generated overview

This exceptional executive office building at 2715 Fannin Street in Houston, Texas, presents a compelling investment opportunity. The property boasts 4,766 square feet of well-appointed office space, situated on a sizable 12,502 square foot lot. The asking price is $2,500,000, offering a strong net operating income (NOI) of $132,536. Located in the desirable 77002 zip code of Harris County, this property benefits from its prime location within Houston. The property's classification as an "Executive Office" suggests a high-quality build and finish, ideal for discerning tenants. The substantial lot size provides ample space for potential expansion or future development. The property's strong NOI demonstrates its potential for consistent cash flow and return on investment. This is a rare opportunity to acquire a well-performing executive office building in a thriving Houston market. The property's APN is 0190900000005. This turnkey investment is ready for immediate ownership and income generation. Serious inquiries are encouraged.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1960
Construction BRICK
Total area 2,817 SF
Lot 0.29 ac (12,502 SF)
APN 190900000005
UPID US82-4531664
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
  • Jayoma Law Firm, PLLC Law Firm
  • St Theresa's Outpatient Wound Medical Clinic
  • Midtown Houston Open MRI & X-Ray Medical Clinic
  • A&D FAMILY CLINIC Medical Clinic
  • Jeff Doan Alternative Medicine Practice
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
2515 Caroline Ltd|tnd Investments LLC · 11 yrs held
2515 Caroline Ltd|tnd Investments LLC
since 2014
7 recorded transactions
2024
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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