17102 Theiss Mail Route RdSpring, TX 77379

Property Details for 17102 Theiss Mail Route Rd

Year built

1990

Construction

BRICK

Lot size

1.37 AC

Property size (Sq ft)

11,788 SF

Property type

Day care centers & nurseries

APN

421840000147

APU

421840000147

Description

This exceptional 21,484 square foot campus, situated on 3.04 acres in Spring, Texas, presents a unique investment opportunity. The property boasts three buildings constructed in 1990 and classified as Class C. Currently configured as a private school, this turnkey operation offers multiple tenancy options with three suites totaling 21,484 square feet. One suite, measuring 5,040 square feet, is currently available. The property is ideally located within a high-density residential area, benefiting from exceptional demographics and the highly desirable Klein School District. The beautifully maintained campus features extensive landscaping, ample parking, an outdoor pavilion, walking trails, a garden, and a playground. This versatile property is well-suited for a variety of uses, including schools, daycare centers, or office spaces, making it an attractive option for both investors and operators seeking a move-in ready facility in a prime location. The existing infrastructure and amenities provide a significant advantage, minimizing upfront capital expenditures and allowing for a rapid commencement of operations. The property's size and layout offer flexibility for customization and expansion, catering to the specific needs of a diverse range of potential tenants. This is a rare opportunity to acquire a well-established and highly functional campus in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $3,167,582

  6.5%

  $2,923,922

  7%

  $2,715,070

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,560,491

  Geo Method

  $4,058,591

• Alternative Use

  Use

  Valuation

  Residential

  $3,709,119

  Hospitality

  $3,397,533

  Educational

  $2,826,708

  Medical

  $2,923,922

  Retail

  $4,397,100

Location Insight

City

Spring

County

Harris

State

Texas

Latitude

30.0201

Longitude

-95.5344

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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