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5150 Crenshaw Rd 1 Pasadena, TX 77505-3094

OFF-MARKET Medical Office Space Google Maps
2,027 SF 0.15 ac lot Built 2008
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US82-5553872

Property summary

AI-generated overview

This exceptional medical office building, located at 5150 Crenshaw Road in Pasadena, Texas, offers 14,234 square feet of completely vacant space, ideal for a variety of medical practices. The property is situated in Harris County, offering convenient access to major thoroughfares and a thriving patient base. Multiple tenancy options are available, with suites ranging from a minimum of 1,558 square feet to a maximum contiguous space of 2,575 square feet. This presents a unique opportunity for either a single large medical group seeking ample space or several smaller practices looking to establish themselves in a desirable location. The building's design is well-suited for medical use, and the ample parking ensures convenient access for patients and staff. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. The address is 5150 Crenshaw Road, Pasadena, TX 77505. This is a fantastic opportunity to secure prime medical office space in a high-demand area. The entire building is currently vacant, providing a blank canvas for a new tenant or tenants to customize the space to their specific needs. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2008
Construction WOOD FRAME
Total area 2,027 SF
Lot 0.15 ac (6,425 SF)
APN 1314780000001
UPID US82-5553872

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
  • Tutoring Service
  • Physician Medical Clinic
  • Hospital
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

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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