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Property profile & analytics

8703 Meadowcroft Dr Houston, TX 77063

  • Office buildings
  • 5,121 SF
  • 0.93 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-3522912
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.

Current Use by Public Records

  • Benjamin T. May, LCSW / Physician
  • Dr. Carlos Benjamin Vargas / Physician
  • Dr. Carlos Benjamin Vargas, M.D. / Physician
  • Dr. Carlos Vargas / Physician
  • Emilie Kestner / Marriage Or Relationship Counselor

Property Details for 8703 Meadowcroft Dr

Year built
1974
Construction
STEEL FRAME
Lot size
0.93 lot acres
Property size
5,121 SF
Property type
Office buildings
APN
451430000150
APU
451430000150

Description

This exceptional Class A medical office property, located at 8703 Meadowcroft Dr in Houston, Texas (77063), offers a unique investment opportunity. The property encompasses two buildings totaling 9,093 square feet on a sizable 0.93-acre lot (approximately 40,511 square feet). Building 1, a 6,593 square foot structure, boasts Class A medical office finishes, including three exam rooms with plumbing, four sets of restrooms, a breakroom, eight individual offices, a spacious waiting area/lobby, one executive office with a private restroom, one administrative area/office, three large offices/conference/group rooms, and a dedicated conference room. Building 2 offers 2,500 square feet of fully renovated interior and exterior space, including a kitchenette and two restrooms. A short-term lease is currently in place, allowing the buyer flexibility to occupy or remove the tenant. The property features a fenced, oversized lot with controlled gate access, providing enhanced security and privacy. Its convenient location offers proximity to the Galleria area, Interstate 10, and the Westpark Tollway, ensuring excellent accessibility and visibility. This property presents a rare combination of size, location, and high-quality finishes, making it an ideal investment for medical professionals or investors seeking a strong return.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Houston
County
Harris
State
Texas
Longitude
-95.5172
Latitude
29.7311
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
$42,429
$1,216,890
$460,715
$1,677,605
-
$1,216,890
$460,715
$1,677,605
More about this property
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