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18700 W. Lake Houston Pkwy. 2 Office Properties Offered at $7,291,702 CAD in Humble, TX
Investment Highlights
- 100% leased medical/professional investment providing immediate, stable cash flow
- Situated on approximately 3.6 acres, including ±1.3 acres of excess land for future development or expansion
- Flexible multi-tenant medical/professional property with a diverse tenant mix;
- Two medical/professional buildings totaling 21,273 SF
- Below market average rent ($17.77/SF/YR). Excellent opportunity to combine current income with long-term value appreciation
- Prominent frontage and excellent visibility along W Lake Houston Parkway; Not located in a flood plain.
Executive Summary
18700 W Lake Houston Parkway offers a rare opportunity to acquire a strategically located medical/professional investment in the heart of the rapidly growing Lake Houston market. The offering includes two medical/professional buildings totaling 21,273 square feet situated along a highly visible commercial corridor with excellent access, strong demographics, and continued area growth. Complementing the existing improvements is approximately 1.3 acres of excess land, providing investors with a unique opportunity to create additional value through future development or expansion. Whether utilized for additional office, medical, retail, or other commercial uses (subject to applicable approvals), the excess land offers flexibility and long-term upside rarely available with stabilized office assets. Combining immediate income potential with future development opportunities, 18700 W Lake Houston Parkway presents a compelling investment in one of Northeast Houston’s most established and expanding commercial corridors.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$530,510
|
| Other Income |
$280,260
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$810,770
|
| Taxes |
$144,106
|
| Operating Expenses |
$136,153
|
| Total Expenses |
$280,260
|
| Net Operating Income |
$530,510
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $530,510 |
| Other Income (CAD) | |
|---|---|
| Annual | $280,260 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $810,770 |
| Taxes (CAD) | |
|---|---|
| Annual | $144,106 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $136,153 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $280,260 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $530,510 |
Property Facts
| Price | $7,291,702 CAD | Number of Properties | 2 |
| Price / SF | $342.77 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.28% | Total Building Size | 21,273 SF |
| Sale Type | Investment | Total Land Area | 3.60 AC |
| Status | Active |
| Price | $7,291,702 CAD |
| Price / SF | $342.77 CAD / SF |
| Cap Rate | 7.28% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 21,273 SF |
| Total Land Area | 3.60 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building A
18700 W Lake Houston Pky, Humble, TX 77346 |
Office | 12,094 SF | 2002 | - |
|
Building B
18700 W Lake Houston Pky, Humble, TX 77346 |
Office | 9,179 SF | 2002 | - |
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18700 W. Lake Houston Pkwy.
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