5005 Caroline St Houston, TX 77004
For Sale
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This exceptional 4,047 square foot medical office building is ideally situated in Houston, Texas, at 5005 Caroline Street, zip code 77004, within Harris County. The property is classified as an owner/user investment opportunity, perfect for medical professionals seeking a prominent location. The building offers convenient gated on-site parking, a significant advantage for both staff and patients. Its strategic location provides easy access to several key areas, including the vibrant Museum District, the prestigious Rice University campus, the bustling Downtown core, and the renowned Texas Medical Center. This prime location benefits from the surrounding growth, with new residential and commercial developments enhancing the area's appeal and potential for future appreciation. The property's classification as a medical office building suggests its suitability for a range of healthcare practices, offering a well-established and convenient setting for patient care. The building's size provides ample space for a variety of medical office configurations, allowing for flexibility in design and layout to meet specific practice needs. This presents a rare opportunity to acquire a well-positioned medical office building in a rapidly developing area of Houston. The combination of convenient amenities, prime location, and substantial square footage makes this property a highly attractive investment.
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Antonino Deleza Eye Care
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.