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    990 Vlg Sq Dr Tomball, TX 77375-4270
    Property profile & analytics

    990 Vlg Sq Dr Tomball, TX 77375-4270


    • Medical Office Space
    • 38,362 SF
    • 2.50 lot acres
    Off-Market
    Property ID
    US82-9294384
    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.

    Value Estimations
    $925,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MTR Services / Tech Support Center / IT Consulting Firm
    • Southern Star Psychology, PLLC / Physician / Medical Clinic
    • Gilbreath Transportation / Trucking Company
    • The Bolton Law Firm, P.C. / Law Firm / Child Welfare Organization
    • Stephanie A. Smith LPC / Counselor / Mental Health Service

    Property Details for 990 Vlg Sq Dr

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    2.50 lot acres
    Property size
    38,362 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    1156870020001
    APU
    1156870020001

    Description

    This exceptional investment opportunity presents a 33,664 square foot, single-story, Class C office building located at 990 Village Square Dr, Tomball, TX 77375. The property, built in 1983 and extensively renovated in 2023, boasts a tilt-wall and brick construction. It sits on approximately 2.496 acres (108,790 square feet) of land and offers approximately 100 free surface parking spaces. The building currently generates a Net Operating Income (NOI) of $295,000, resulting in an 8.08% cap rate. The 2025 estimated gross income is projected at $445,000. The property is zoned OT & MU (Old Town & Mixed Use) and benefits from city utilities (water, sewer, and trash). A new roof was installed in August 2020 at a cost of $210,000. The lease type is Modified Gross. This prime location is just one block from Main Street, across from the US Post Office, and less than a mile from Hwy 249 (Tomball Parkway), placing it in the heart of downtown Tomball. The asking price is $3,650,000 ($108.42 per square foot). The seller prefers all-cash or 1031 exchange buyers. This is a compelling opportunity for investors seeking a strong return in a thriving Texas market.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Tomball
    County
    Harris
    State
    Texas
    Longitude
    -95.6254
    Latitude
    30.0963
    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
    $18,756
    $761,110
    $648,890
    $1,410,000
    -
    $761,110
    $648,890
    $1,410,000
    More about this property
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