4840 Panther Crk Dr, The Woodlands, TX 77381-3527
This exceptional two-story, Class B medical office building, constructed in 1999, presents a unique investment opportunity in the thriving The Woodlands submarket. The property, known as Panther Creek Professional Plaza, boasts a single building with 140 total parking spaces, providing a generous ratio of approximately 4 spaces per 1,000 square feet. A convenient covered drive-thru drop-off ensures ease of access for patients and staff. The building's strategic location adjacent to the Panther Creek Village Center places it within a vibrant community rich with amenities. Surrounding the property are upscale residential neighborhoods, highly-rated schools, diverse restaurants, and a variety of retail shops, creating a strong patient base and convenient environment. The property features multiple tenancies, offering flexibility for various medical practices. The building is equipped with ample power. The APN is 6913-00-00100. This well-maintained property offers a compelling combination of location, amenities, and functionality, making it an ideal investment for discerning buyers seeking a strong presence in a desirable medical market. The property's convenient access and ample parking make it an attractive option for both patients and medical professionals.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6 · The Woodlands, TXThe Woodlands. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.