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Property profile & analytics
OFF-MARKET
Estimated value
$2,080,000
Hospitals
709 Medical Ctr Blvd 74 Webster, TX 77598-4005
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3543687
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1984
Construction
BRICK
Total area
61,309 SF
Lot
9.05 ac (394,131 SF)
APN
361730000015
UPID
US83-3543687
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.08M
Owner & transaction history
Chg Hospital Housotn LLC · 3 yrs held
Chg Hospital Housotn LLC
since 2022
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Webster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Webster submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$34 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$120,388
Tax year 2022
Assessed value
$13,676,130
Assessed 2024
Previous assessed
$13,853,091
-1.3% YoY
Effective rate
0.88%
On assessed value
Assessed land
$2,733,040
Assessed improvement
$10,943,090
Land market value
$2,733,040
Improvement market value
$10,943,090
Total market value
$13,676,130
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1984
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
61,309 SF
Lot
9.05 ac (394,131 SF)
APN
361730000015
UPID
US83-3543687
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
9.05 ac
Current owner
From public records · entity-resolved
Chg Hospital Housotn LLC
Entity
Mailing address
1000 URBAN CTR DR STE #675, VESTAVIA, AL 35242-2571
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
—
Chg Hospital Housotn LLC
Tst Houston Ltach LLC
Lease
$22,400,000 · Synovus Bank
Jul 6, 2021
—
Chg Cornerstone Hospital Of Houston
—
Deed
related
$60,000,000 · Cit Bank NA
Apr 2, 2008
—
Mpt Of Webster
Hcp Cleveland-webster Tx 2008
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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