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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Medical Office Space
909 Graham Dr, Tomball, TX 77375-6473
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2094321
Property summary
AI-generated overview
This 2,500-square-foot office space, located at 909 Graham Dr, Tomball, TX 77375 (corner of Graham Dr and Lawrence St), is available for lease. Situated in Tomball's Medical Center, this single-tenant suite offers excellent visibility and accessibility, with prominent signage on Graham Street. The space is part of a larger 7,540-square-foot building, recently renovated in 2024, and enjoys a convenient location within walking distance of HCA Hospital and close to numerous restaurants and shops. The interior features a thoughtfully designed open floor plan, easily adaptable to various business needs. Amenities include ample work areas, private offices, a reception area, exam rooms, a handicap-accessible restroom, and a dedicated break room. Convenient on-site parking is available. This move-in ready space offers competitive lease rates and flexible lease terms. The property shares a property line with the HCA Hospital complex, providing easy access. This prime location and modern amenities make it an ideal space for medical practices or other businesses seeking a thriving Tomball location.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,930 SF
Lot
1.93 ac (83,984 SF)
APN
430440000064
UPID
US82-2094321
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
-
Texas Institute-Pulmonary: Beckendorf Richard C MD Physician
-
Jordan Maria L MD Pediatrician Physician
-
The Oasis Church Church
-
Tomball Group Law Firm Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$754k
Blend (final)
Blend
$600k
Owner & transaction history
Smmart Graham Investments LLC · 2 yrs held
Smmart Graham Investments LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$980,000
+76.9%
Restaurant
$725,000
+30.9%
Retail stores
$570,000
+2.6%
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 Tomball submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tomball 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
Method
Estimation
Statistic approach
by Request
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$555,000
Current use
COMMERCIAL (GENERAL)
$980,000
Change: +77% · Conversion: Easy
RESTAURANT
$725,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$510,000
Change: -8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$445,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$600k
Range $540k – $660k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$76 / SF
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
$20,517
Tax year 2022
Assessed value
$2,000,000
Assessed 2024
Previous assessed
$2,000,000
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$503,904
Assessed improvement
$1,496,096
Land market value
$503,904
Improvement market value
$1,496,096
Total market value
$2,000,000
Applied tax rate
26.0000
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
7,930 SF
Lot
1.93 ac (83,984 SF)
APN
430440000064
UPID
US82-2094321
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$980,000
RESTAURANT
Est. value
$725,000
RETAIL STORES
Est. value
$570,000
AUTO REPAIR, GARAGE
Est. value
$510,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$445,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
1.93 ac
Current owner
From public records · entity-resolved
Smmart Graham Investments LLC
Entity
Mailing address
5131 STEADMONT DR, HOUSTON, TX 77040-6525
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
—
Smmart Graham Investments LLC
Matthew Martinez
Warranty Deed
—
Aug 3, 2023
—
Matthew Martinez
—
Deed
related
$1,600,000 · American Private Lending Fund I LLC
Dec 1, 2020
—
Dng Investments LLC
—
Deed
related
$2,510,000 · Spirit Of Tx Bk Ssb
Aug 20, 2020
—
Dng Investments LLC
—
Deed
related
$1,471,061 · Spirit Of Tx Bk Ssb
Jul 6, 2015
—
Dng Investments LLC
Bcd Medical Arts Ptshp Ltd
Grant Deed
$1,763,750 · Gthjb Investments LLC
Aug 1, 1997
—
K/b Fund IV
Radler LP
Grant Deed
related
—
—
—
Dng Investments LLC
—
Loan Modification
related
$1,763,750 · Spirit Of Tx Bk Ssb
—
—
Dng Investments LLC
—
Loan Modification
related
$1,471,061 · Spirit Of Tx Bk Ssb
—
—
Dng Investments LLC
—
Deed Of Trust
related
$2,510,000 · Spirit Of Tx Bk Ssb
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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