5203 Barker Cypress RdHouston, TX 77084
- Strip malls
- 13,036 SF
Property Details for 5203 Barker Cypress Rd
- Year built
- 2020
- Construction
- METAL FRAME
- Lot size
- 0.59 AC
- Property size (Sq ft)
- 13,036 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 1446610010002
- APU
- 1446610010002
Description
This exceptional retail plaza, totaling 6,600 square feet, presents a fantastic leasing opportunity in a thriving Harris County location. The single-story building features two available suites, offering flexible space ranging from 1,500 to 5,100 square feet, perfect for a variety of retail businesses. Situated off Barker Cypress Road, this plaza benefits from its strategic location just 1.9 miles north of the Katy Freeway, ensuring high visibility and convenient access for customers. The surrounding area boasts a dense residential population exceeding 345,000 within a 5-mile radius, providing a substantial customer base. The plaza's proximity to several schools, including Tipps Elementary, Peggy Wilson Elementary, and Lone Star College Cy-Fair (under 5 miles), further enhances its appeal. Nearby residential communities such as Adelaide, Deerfield Village, and Grand Oaks contribute to the strong local demographics. Excellent access to Kieth Harrow Boulevard and Barker Cypress Road ensures easy navigation for both customers and employees. This prime retail space offers an unparalleled opportunity to establish or expand your business in a high-demand area. The property's size and location make it ideal for a variety of retail concepts. Contact us today to learn more about this exceptional opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,924,598
- 6.5%
- $3,622,706
- 7%
- $3,363,941
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,855,642
- Geo Method
- $9,835,177
-
Alternative Use
- Use
- Valuation
- Residential
- $3,055,888
- Hospitality
- $2,799,177
- Educational
- $2,328,882
- Medical
- $2,408,976
- Retail
- $3,622,706
Location Insight
- City
- Houston
- County
- Harris
- State
- Texas
- Latitude
- 29.8489
- Longitude
- -95.6837
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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