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    Property profile & analytics
    OFF-MARKET Estimated value $1,135,000
    Medical Office Space

    4840 Panther Crk Dr, The Woodlands, TX 77381-3527

    29,650 SF 2.46 ac lot Built 1999
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US83-2375719
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1999
    Total area 29,650 SF
    Lot 2.46 ac (107,375 SF)
    Zoning code 6
    APN 6913-00-00100
    UPID US83-2375719
    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
    $1.03M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.24M
    Blend (final) Blend
    $1.14M
    Owner & transaction history
    Alden Heights Place LLC · 7 yrs held
    Alden Heights Place LLC
    since 2018
    3 recorded transactions
    2018
    2007
    2007
    Zoning & alternative use
    6 · The Woodlands, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $1.8M +2.5%
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