Property profile

8731 Katy Fwy Houston, TX 77024

FOR LEASE
Medical Office Space
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Property ID
US83-3726225
109,601 SF 2 ac Built 2018
Last sale Jun 2007
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Hedwig Place, a Class A medical office building, offers 102,775 square feet of space at 8731 Katy Fwy, Houston, TX 77024. This single, five-story building, constructed in 2019, sits on a 2-acre lot in Harris County and boasts 15,576 square feet of immediately available space. Multiple tenancy options are available, ranging from 3,586 to 6,919 square feet, perfect for medical practices seeking move-in ready suites. The building features upscale interior finishes and a modern design, creating…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$252k
Tax billed · 2022
Assessed value · 2024$47.16M
Assessed land$4.36M
Assessed improvement$42.80M
Effective rate0.53%

Value estimate

· Nov 2026
$11.61M
$10.44M – $12.77M
Submarket $/SF estimate$11.13M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHARRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant32.1
Auto Parts Store23.6
Auto Repair Shop23.1

Location

8731 Katy Fwy Houston, TX 77024
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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