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Property profile & analytics
OFF-MARKET
Estimated value
$35,890,000
Hospitals
710 Cypress Crk Pkwy Houston, TX 77090-3402
Entity Owned
8-yr Hold
Free & Clear
Property ID
US82-3826976
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1972
Construction
BRICK
Total area
157,904 SF
Lot
11.37 ac (495,190 SF)
APN
1169590010001
UPID
US82-3826976
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
-
Well Beginnings Weight Loss Service Surgical Center
-
Lemecha Dorothy E DO Physician
-
Linquan Sun Physician Medical Clinic
-
Dr. Karla Vitale Pediatrician Physician
-
HCA Houston Healthcare Northwest Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$33.06M
Comparable Approach
Comparable
$38.72M
Blend (final)
Blend
$35.89M
Owner & transaction history
Houston Nw Manager LLC · 8 yrs held
Houston Nw Manager LLC
since 2017
2 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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$35,815,000
6.5%
$33,060,000
7%
$30,695,000
Blend value · Realmo final
$35.89M
Range $32.30M – $39.48M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$227 / 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
$590,706
Tax year 2022
Assessed value
$81,003,372
Assessed 2024
Previous assessed
$76,990,886
+5.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$3,713,925
Assessed improvement
$77,289,447
Land market value
$3,713,925
Improvement market value
$77,289,447
Total market value
$81,003,372
Applied tax rate
24.0000
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
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
12
Stories
1
Total area
157,904 SF
Lot
11.37 ac (495,190 SF)
APN
1169590010001
UPID
US82-3826976
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
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
12
Lot
11.37 ac
Current owner
From public records · entity-resolved
Houston Nw Manager LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 80610, INDIANAPOLIS, IN 46280-0610
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2017
—
Houston Nw Manager LLC
Houston Northwest Partners Ltd
Quit Claim Deed
related
—
Jun 19, 2008
—
Houston Northwest Partners Ltd
Hnmc INC
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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