This exceptional retail property, Crosby Crossing Plaza, located at 14039 FM 2100 in Crosby, Texas, 77532, offers a significant opportunity for businesses seeking high visibility and strong foot traffic. The center boasts a total of 53,039 square feet, with 42,802 square feet currently available for lease. Its strategic location at a signalized intersection ensures maximum exposure to the approximately 33,000 vehicles passing daily. This high traffic count, combined with the shadow-anchoring effect of a nearby Walmart Supercenter, creates a dynamic retail environment with consistent customer flow. The property's current occupancy demonstrates strong tenant demand and successful operation within the Crosby market. The available space presents a unique chance to establish a presence in a thriving retail area, benefiting from the established success and high visibility of this well-situated center. The property is part of a portfolio managed by Williamsburg Enterprises. This prime retail space is ideal for businesses seeking a high-traffic location with excellent visibility and a proven track record of success. The large available space offers significant potential for a variety of retail uses.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$22,571,788
6.5%
$20,835,496
7%
$19,347,248
Comparable approach
Method
Valuation
Relative Method
$26,586,640
Geo Method
$42,142,028
Alternative Use
Use
Valuation
Residential
$17,575,522
Hospitality
$16,099,083
Educational
$13,394,248
Medical
$13,854,897
Retail
$20,835,496
Location Insight
City
Crosby
County
Harris
State
Texas
Latitude
29.8921
Longitude
-95.0649
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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