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Property profile & analytics
OFF-MARKET Estimated value $1,890,000
Retail space

4505 Kingwood Dr 404 Kingwood, TX 77345-2614

20,440 SF 2.01 ac lot Built 2016
Entity Owned Free & Clear
Property ID
US83-1119131
Property summary
AI-generated overview

This exceptional 2,330 square foot medical office space is available for sublease in the thriving Kingwood Town Center submarket of Harris County. Located on West Lake Houston Parkway, this single-tenant property boasts excellent visibility and high traffic counts due to its prime location within an HEB-anchored shopping center. The space benefits from strong neighboring businesses, including Twin Liquors and Sherwin Williams Paint Store, ensuring a steady flow of potential patients and clients. The current lease has approximately nine years remaining, offering a significant advantage to the subtenant with below-market rental rates. The property is ideal for a medical practice seeking expansion or a new business looking for an established location with high visibility. Please note that the HEB shopping center lease has restrictions prohibiting vape or CBD-related businesses. This well-maintained space presents a rare opportunity to secure a desirable medical office location in a bustling Kingwood commercial center at a highly competitive rental rate. The property is classified as Retail and Office, with a specific subtype of Medical Office.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction BRICK
Total area 20,440 SF
Lot 2.01 ac (87,599 SF)
APN 1361890010006
UPID US83-1119131
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$1.89M
Owner & transaction history
NR MAIN STREET AT KINGWOOD LLC
NR MAIN STREET AT KINGWOOD LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.0M +199.5%
Industrial (general) $2.2M +122.6%
Restaurant $1.8M +81.1%
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