Property profile

355 School St Tomball, TX 77375

OFF-MARKET
Medical Office Space
Property ID
US82-2965849
12,012 SF 1.45 ac lot Built 2006
Entity Owned 18-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 7,093-square-foot executive office building in Tomball, Texas, presents a unique investment opportunity. Located at 355 School Street, this 2006-built property sits on a substantial 63,044-acre lot in Harris County, offering ample space and potential. The building is currently configured to accommodate multiple tenants, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 7,093 square feet, providing flexibility for various business needs. One suite, boasting 3,000 square feet of shell space, is currently available for lease at a rate of $18.00 per square foot, triple net (NNN). This presents an ideal opportunity for businesses seeking a modern, well-located office space in a thriving community. The property's size and layout offer significant potential for expansion or customization to suit specific tenant requirements. Its location in Tomball, Texas, provides easy access to major transportation routes and a vibrant local economy. The building's 2006 construction ensures modern amenities and efficient design, making it an attractive option for businesses seeking a high-quality workspace. This property is perfect for businesses seeking a prominent presence in a rapidly growing area. The expansive lot size offers significant potential for future development or expansion. This is a rare opportunity to secure a substantial and versatile office space in a desirable location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2006
Construction BRICK
Total area 12,012 SF
Lot 1.45 ac (63,044 SF)
APN 1223880000025
UPID US82-2965849

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician

Location

355 School St Tomball, TX 77375-4785
Tomball metro Census 555404 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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