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Property profile & analytics
FOR SALE
Medical Office Space

5201 Bellaire Blvd Bellaire, TX 77401

3,857 SF 0.36 ac lot Built 1976
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US82-2948672
Property summary
AI-generated overview

This exceptional single-tenant retail space, totaling 3,857 square feet, is ideally situated at 5201 Bellaire Boulevard in Bellaire, Texas, zip code 77401. The property boasts a convenient location, just half a mile west of Loop 610 and 1.5 miles south of both the Westpark Tollway and US 59, ensuring high visibility and accessibility. Benefit from a strong demographic presence, with over 231,000 people residing within a 3-mile radius and over 547,000 within a 5-mile radius. This one-story building offers significant potential for a variety of retail businesses. Its strategic placement directly south of a 70,000 square foot H-E-B grocery store provides exceptional synergy and foot traffic opportunities. Furthermore, the property's location across the street from Bellaire Town Center further enhances its desirability and exposure to a large customer base. The net lease rate is approximately $8.25 per square foot. The entire space is currently vacant, presenting a unique opportunity for immediate occupancy. This property represents a compelling investment opportunity in a thriving retail corridor.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1976
Construction WOOD FRAME
Total area 3,857 SF
Lot 0.36 ac (15,499 SF)
APN 70580470001
UPID US82-2948672
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
Current use
Occupant on record · Public records
  • Bradley Brumback Physician
  • Norma Aguilera Physician
  • Gail Stern Physician
  • Jason Behler Physician
  • Salad and Go Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
5201 Bellaire Blvd LLC · 7 yrs held
5201 Bellaire Blvd LLC
since 2018
6 recorded transactions
2018
Price N/A
2012
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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