9305 Spring Cypress RdSpring, TX 77379

Property Details for 9305 Spring Cypress Rd

Year built

2008

Construction

STEEL FRAME

Lot size

2.96 AC

Property size (Sq ft)

20,817 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1300940010002

APU

1300940010002

Description

Spring Cypress Plaza, a 19,929 square foot strip center located at 9305 Spring Cypress Road in Spring, Harris County, Texas, offers a prime 5,000 square foot pad site for lease. Built in 2008, this retail property boasts excellent visibility and accessibility from Spring Cypress Road and is situated near Gleannloch Lakes Boulevard. The center currently houses a diverse mix of established tenants including TLC Nails, Blue Oyster Bar & Seafood, C. cheveux Salon, Kumon, The Refinery Barbershop, and Skin 101. This multiple-tenancy property presents a unique opportunity for businesses seeking high-traffic exposure in a thriving community. The available pad site provides ample space for a variety of retail uses, offering significant potential for growth and profitability. The property's strategic location and strong tenant mix make it an attractive investment opportunity. The total building size of the center is 19,929 square feet. One space is currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $8,412,140

  6.5%

  $7,765,052

  7%

  $7,210,406

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,908,410

  Geo Method

  $15,705,652

• Alternative Use

  Use

  Valuation

  Residential

  $6,550,112

  Hospitality

  $5,999,868

  Educational

  $4,991,820

  Medical

  $5,163,496

  Retail

  $7,765,052

Location Insight

City

Spring

County

Harris

State

Texas

Latitude

30.0268

Longitude

-95.5622

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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