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    8515 Fannin St Houston, TX 77054-4811
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    Property profile & analytics

    8515 Fannin St Houston, TX 77054-4811


    • Medical Office Space
    • 31,887 SF
    • 1.81 lot acres
    Off-Market
    Property ID
    US82-6090309
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $805,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Molecular Diagnostic Lab / Medical Laboratory
    • US renal care / Medical Clinic
    • Select Physical Therapy - Fannin / Medical Clinic
    • Dascena Laboratory / Medical Laboratory
    • JENNILYN BATARA / Physician

    Property Details for 8515 Fannin St

    Year built
    1994
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.81 lot acres
    Property size
    31,887 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    1328450010001
    APU
    1328450010001

    Description

    This single-story, 27,760 square foot medical office building in Harris County offers 11,347 square feet of immediately available space. Located in the heart of the Texas Medical Center, this Class C building boasts a prime location near the NRG light rail stop, across from NRG Stadium, and just south of the central TMC. Built in 1994, the property sits on a 1.86-acre lot and includes 78 parking spaces. The building features a large contiguous block of ready-to-use lab space (up to 4,972 contiguous square feet, divisible to 1,253 square feet minimum), previously occupied by a major institution and maintained to the highest standards. The space includes well-designed dry/wet labs, walk-in refrigerators, and natural gas lines throughout. Lab millwork is in good condition. The building is fully sprinklered, secured with remote access, and is located in Zone X, outside the 0.2% annual chance floodplain. This exceptional opportunity provides BSL 1 rated lab space, ideal for a variety of medical uses. No elevators are present. Multiple tenants are currently occupying the building.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $725,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $887,000
      Market price range: $202k - $1.48M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,010,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,095,000
      Change: +8% Conversion: Moderate
      WAREHOUSE, STORAGE
      $920,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4024
    Latitude
    29.6819
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $110,109
    $1,972,175
    $3,553,413
    $5,525,588
    -
    $1,972,175
    $3,553,413
    $5,525,588
    More about this property
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