12255 Huffmeister RdCypress, TX 77429

  • Retail properties
  • 4,989 SF
For Lease
$24/SF/YR View listing

Property Details for 12255 Huffmeister Rd

Year built
2018
Construction
STEEL FRAME
Lot size
1.19 AC
Property size (Sq ft)
4,989 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
1455630010001
APU
1455630010001

Description

This exceptional 14,264 square foot retail property, located at 12255 Huffmeister Rd, Cypress, TX 77429 (cross streets: Huffmeister & Birdcall Lane), presents a unique investment opportunity. The single-story, 2019-built building offers multiple tenancy options with a minimum divisible space of 1,200 square feet. Currently, two 1,200 square foot units are available. The property is classified as Class C and boasts excellent street visibility due to its location on a busy road adjacent to a high-traffic gas station. The area benefits from significant foot traffic generated by nearby residential communities and apartments. The existing business within the building already contributes to high traffic volume. The property includes 15 total parking spaces. This is an ideal location for a variety of retail businesses seeking high visibility and convenient access for customers. The property's modern construction and prime location make it a compelling opportunity for businesses looking to establish or expand their presence in the thriving Cypress market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,501,980
    6.5%
    $1,386,444
    7%
    $1,287,412
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,858,300
    Geo Method
    $3,764,015
  • Alternative Use

    Use
    Valuation
    Residential
    $1,169,517
    Hospitality
    $1,071,271
    Educational
    $891,285
    Medical
    $921,938
    Retail
    $1,386,444
12255 Huffmeister Rd, Cypress, Texas

Location Insight

City
Cypress
County
Harris
State
Texas
Latitude
29.9516
Longitude
-95.6306
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,809
$284,094
$1,275,869
$1,559,963
-
$284,094
$1,275,869
$1,559,963

FAQs

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