5702 Spring Cypress RdSpring, TX 77379

Property Details for 5702 Spring Cypress Rd

Year built

2022

Construction

STEEL FRAME

Lot size

2.27 AC

Property size (Sq ft)

10,500 SF

Property type

Warehouses

APN

1500340010001

APU

1500340010001

Description

This exceptional 9,000 square foot warehouse space is part of a larger 36,000 square foot industrial building located at 5702 Spring Cypress Road in Spring, Texas, within Harris County. The property boasts a desirable location with convenient access to major transportation routes (specific details not provided). The warehouse features a substantial 22-foot ceiling height, providing ample vertical storage capacity. The space is currently vacant and ready for immediate occupancy. This is a multi-tenant building, offering a collaborative environment. The property is equipped with 3-phase power, essential for many industrial operations. The available space totals 9,000 square feet, representing a significant opportunity for businesses seeking efficient and well-appointed warehouse facilities in a thriving Texas market. The property's industrial classification and warehouse subtype make it ideal for a variety of uses, from storage and distribution to light manufacturing. The address is 5702 Spring Cypress Rd, Spring, TX 77379. This listing presents a rare chance to secure a prime warehouse space in a highly sought-after location. Interested parties are encouraged to inquire promptly.

• CAP approach

  CAP return

  Valuation

  6%

  $6,624,190

  6.5%

  $6,114,640

  7%

  $5,677,880

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,173,180

  Geo Method

  $5,029,750

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $3,102,340

  Mixed-Use / Specialty

  $3,065,110

  Hospitality / Lodging

  $2,214,700

  Office

  $3,019,640

  Institutional / Educational

  $3,177,130

  Residential Income

  $3,717,240

  Multifamily

  $4,603,350

  Automotive / Energy

  $2,723,250

  Parking / Income-Based Land

  $965,618

  Restaurant / Food Service

  $1,538,330

  Healthcare / Senior Housing

  $3,170,050

Location Insight

City

Spring

County

Harris

State

Texas

Latitude

30.0453

Longitude

-95.5095

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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