724 W Main St - Medical FOR SALE


Tomball, TX 77375
$995,000 USD
713-299-0129
724 W Main St, Tomball, TX for Sale
$995,000 USD
Medical - FOR SALE
1/39
null | Request Cap Rate

724 W Main St
Tomball, TX 77375


HIGHLIGHTS

  • High Traffic Volume - 22,000 VPD
  • Excellent Redevelopment Opportunity

OVERVIEW

ADDRESS: 724 W Main St, Tomball TX 77375 HCAD PARCEL: #0352840000115 PRICE: $995,000.00 PRICE (SF): $814.00 BUILDING SIZE: +/- 1,222 SF LAND ACREAGE: +/- 0.28 AC LAND (SF): +/- 12,495 SF BUILDING CONST: Frame/Stucco ZONING: OT & MU (Old Town & Mixed Use) UTILITIES: City of Tomball water, sewer and trash CURB CUTS: One on Main St (FM 2920) & One on Baker Dr PARKING: +/- 10 surface parking **Seller Prefers All Cash or 1031 Exchange Buyer** Located on Main St (FM 2920) in the heart of Downtown Tomball. Less than one mile from Hwy 249 (Tomball Parkway). Originally constructed in 1942 (fully remodeled in 2010), this Tomball property makes a unique and superior investment opportunity today based on its strengths: • Trade area: The Tomball area continuous rapid growth. • Tomball demographics: The most recent census data. (2022) reflects a 10-mile trade area of 1,100,000 people. • High growth rate of Tomball SMSA population. • Property’s superior location: Located at the corner of Main Street/FM 2920 and Baker Drive, 22,000 VPD. • City of Tomball has purchased adjacent property (formerly Regions Bank building- Main Street/FM 2920 and Holderrieth Road) for a future City Hall for the City of Tomball - a possible $70mm project. • FM 2920/Main Street is planned to be widened in 2027 enhancing value of this tract; location. • Buyer has the opportunity for a turnkey, move-in ready building, or one that could be easily reconfigured for their specific needs, or to completely redevelop the property. • TEDC ( Tomball Economic Development Council) has grant money for exterior remodeling for those properties that qualify. Contact the listing broker for details.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$814 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,495 SF

ZONING

C/NA

APN/PARCEL ID

0352840000115

ASK ABOUT THIS PROPERTY

Richard GatewoodGatewood & AssociatesMore Info
713-299-0129

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Richard GatewoodGatewood & AssociatesMore Info
713-299-0129

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.