11690 Spring Cypress RdTomball, TX 77377

Property Details for 11690 Spring Cypress Rd

Year built

2018

Construction

STONE

Lot size

1.29 AC

Property size (Sq ft)

20,310 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1299720040034

APU

1299720040034

Description

Spring Cypress Trails, a newly constructed retail strip center in Tomball, Texas, offers a prime opportunity for businesses seeking high-visibility space. The entire 4,205 square foot building is currently available for lease, presenting a unique chance to establish a flagship location or expand an existing operation. Located at 11690 Spring Cypress Rd, 77377, this property boasts excellent visibility and accessibility from a major thoroughfare. The center provides ample parking with 57 spaces for customer convenience. The building is categorized as a multi-tenant retail space, ideal for a variety of businesses. The property is situated in Harris County, Texas, benefiting from a strong local economy and growing population. This is a new construction offering a modern and efficient layout, ready for immediate occupancy. The available space totals 4,205 square feet, providing flexibility for various business needs. With its strategic location and ample parking, Spring Cypress Trails presents a compelling investment opportunity for businesses seeking to thrive in the vibrant Tomball market. The property's modern design and convenient access make it an attractive option for a wide range of retail tenants. Interested parties are encouraged to inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $6,655,877

  6.5%

  $6,143,886

  7%

  $5,705,038

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,125,654

  Geo Method

  $15,323,139

• Alternative Use

  Use

  Valuation

  Residential

  $5,182,598

  Hospitality

  $4,747,232

  Educational

  $3,949,641

  Medical

  $4,085,476

  Retail

  $6,143,886

Location Insight

City

Tomball

County

Harris

State

Texas

Latitude

30.0133

Longitude

-95.6011

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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