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Property profile & analytics
OFF-MARKET Estimated value $890,000
Medical Office Space

8240 Antoine Dr Houston, TX 77088-2534

39,748 SF 2.02 ac lot Built 1978
Entity Owned 27-yr Hold ~ Est. High Equity
Property ID
US83-3218836
Property summary
AI-generated overview

This exceptional owner-user investment opportunity presents a two-story, 39,748-square-foot medical office building situated on a spacious 2.02-acre lot in Houston, Texas. Constructed in 1978, the building is conveniently located near Highway 249, ensuring easy accessibility for both patients and staff. The property boasts ample parking, catering to the needs of a thriving medical practice. A single elevator efficiently serves both floors. The building is situated outside of any designated floodplain, providing peace of mind. Currently occupied by tenants with a "Do Not Disturb" policy, this presents a unique opportunity for an owner-occupier or an investor seeking a stable, established medical facility. The property's size and location make it ideal for a variety of medical uses, offering significant potential for growth and expansion. The building's solid construction and established tenant base make this a compelling investment opportunity in a desirable Houston location. The Harris County address is 8240 Antoine Dr, Houston, TX 77088. This is a rare chance to acquire a substantial medical office building in a high-demand area.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Construction BRICK
Total area 39,748 SF
Lot 2.02 ac (87,887 SF)
APN 1144470080021
UPID US83-3218836
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
  • Taylor Medical Institute Medical Clinic
  • Lone Star Cimnical Research Title Company
  • Damien Sanderlin Pediatrician Physician
  • Harbakhsh Satia Physician
  • Mona's Filing Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$890k
Owner & transaction history
8240 Partnership Ltd
8240 Partnership Ltd
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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