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Property profile & analytics
OFF-MARKET
Medical Office Space
8811 Frankway Dr Houston, TX 77096-1900
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-2087628
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,058 SF
Lot
1 ac (43,560 SF)
APN
440360000046
UPID
US82-2087628
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
-
Dr. Kevin M. Krantz, DDS Dental Office
-
Houston Orthodontics: Mauricio Arguello, DDS, MS Dental Office
-
Meyer Land Professional Building Dentist Apartment Building
-
Drs. Horwitz, Epstein & Krantz Dental Office
-
Podiatry Associates Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steven & Elaine Epstein Family · 9 yrs held
Steven & Elaine Epstein Family
since 2016
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,373
Tax year 2022
Assessed value
$905,702
Assessed 2024
Previous assessed
$911,905
-0.7% YoY
Effective rate
2.03%
On assessed value
Assessed land
$653,400
Assessed improvement
$252,302
Land market value
$653,400
Improvement market value
$252,302
Total market value
$905,702
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
14,058 SF
Lot
1 ac (43,560 SF)
APN
440360000046
UPID
US82-2087628
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
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1 ac
Current owner
From public records · entity-resolved
Steven & Elaine Epstein Family
Individual
Mailing address
8811 FRANKWAY DR, HOUSTON, TX 77096-1900
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2016
—
Steven & Elaine Epstein Family
—
Deed
related
$99,114 · Bank Of Tx
Sep 6, 2016
—
Steven & Elaine Epstein Family
—
Deed
related
$99,159 · Bank Of Tx
Jun 13, 2016
—
Steven & Elaine Epstein Family
—
Deed
related
$200,000 · Bank Of Tx
—
—
Steven Pt
—
Deed Of Trust
related
$153,810 · Bank Of Texas NA
—
—
Steven & Elaine Epstein Family
—
Deed Of Trust
related
$136,924 · Bank Of Texas NA
—
—
Steven & Elaine Epstein Family
—
Loan Modification
related
$200,000 · Bank Of Tx
—
—
Steven & Elaine Epstein Family
—
Loan Modification
related
$99,159 · Bank Of Tx
—
—
Steven & Elaine Epstein Family
—
Loan Modification
related
$120,909 · Bank Of Texas NA
—
—
Steven & Elaine Epstein Family
—
Deed Of Trust
related
$134,935 · Bank Of Texas NA
—
—
Steven & Elaine Epstein Family
—
Loan Modification
related
$118,825 · Bank Of Texas NA
—
—
Steven & Elaine Epstein Family
—
Loan Modification
related
$99,114 · Bank Of Tx
—
—
Steven Pt
—
Deed Of Trust
related
$150,336 · Bank Of Texas NA
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.
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