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Property profile & analytics
FOR LEASE
Medical Office Space

9816 Memorial Blvd Humble, TX 77338

30,550 SF 1.8 ac lot Built 1980
Individually Owned 28-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2719066
Property summary
AI-generated overview

The Humble Medical Arts Building, situated at 9816 Memorial Blvd in Humble, Texas, presents a compelling investment opportunity. This two-story, Class C medical office building encompasses 28,369 square feet and sits on a 1.8-acre lot in Harris County. Constructed in 1980, the building features a single structure with ample parking – 140 spaces, both covered and uncovered. An elevator is conveniently available for access to both floors. Currently, there are four available suites ranging in size from 686 to 3,891 square feet, ideal for a variety of medical practices. The building benefits from its proximity to Memorial Hermann Northeast Hospital Campus, offering excellent visibility and accessibility for patients. Monument signage opportunities are also available, enhancing branding potential. The property boasts convenient access to Highway 59, ensuring easy commutes for both staff and patients. Importantly, the building is located in a high and dry area, unaffected by the Harvey flooding. This well-maintained property offers a strong foundation for growth and success within the thriving Humble medical community. The building's multiple tenancy structure provides flexibility for various medical professionals seeking established space in a convenient location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Construction BRICK
Total area 30,550 SF
Lot 1.8 ac (78,391 SF)
APN 410510010593
UPID US82-2719066
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
  • Chelation Therapy Center Medical Clinic
  • Southeast Texas Oncology Partnership: Baltz Richard P MD Physician
  • Southeast Texas Oncology Partnership Medical Clinic
  • Danna Chiropractic Medical Clinic
  • Private Sector Operations and Intelligence Group Law Firm Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$505k
Blend (final) Blend
$595k
Owner & transaction history
Buffalo 9816 Ltd · 28 yrs held
Buffalo 9816 Ltd
since 1998
5 recorded transactions
2019
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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