Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    28840 Fm 1093 Rd Fulshear, TX 77441

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a master-planned community, delivered August 2024.

    Property size:
    2,800 SF
    Lot size:
    4.58 Acres

    Property Features for 28840 Fm 1093 Rd

    General Information

    Size
    2,800 SF
    Lot size
    4.58 Acres

    We can help!

    Listing Contact
    Eric Broussard
    Source: Moodyscre

    Listing Agent: Eric Broussard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Growing Community

    This retail space is located within the 3,200-acre Cross Creek Ranch community, which includes over 6,100 homes and 4,200 families. The property benefits from its location with easy access to Westpark Tollway. Construction commenced in December 2023 and was completed in August 2024. The surrounding area has a strong income profile, with average household incomes exceeding $141,000 within a 3-mile radius. The property offers 2,800 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fulshear
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.880533
    Latitude
    29.692829

    Nearby Similar for Lease

    • $18 SF/Yr
      83,713 SF

      R1 Rogers Business Park: Fulshear

      Prime Fulshear Office/Retail Space
      6510 Fm 359 Rd, Fulshear, TX 77441
      View Details
    • Contact for pricing
      9,923 SF

      Retail Development Near Future H-E-B

      Retail development with pad sites and multi-tenant retail space.
      Nec Texas Heritage Pkwy & Jordan Xing Blvd, Fulshear, TX
      View Details
    • Contact for pricing
      1,860 SF

      Premier Office/Retail Sublease Opportunity

      High-visibility office/retail space in Fulshear, benefiting from rapid growth.
      6520 Farm To Market 359, Fulshear, TX
      View Details
    • $33 SF/Yr
      19,753 SF

      Shops at Tamarron: Fulshear Retail

      Prime Fulshear retail space available.
      30802 Fulshear Farms Rd, Fulshear, TX 77441
      View Details
    • Contact for pricing
      45,000 SF

      Fulshear Lakes Marketplace: Retail Opportunity

      Prime Fulshear retail space, 4 buildings, 45,000 SF available.
      32727 School Hill Rd, Fulshear, TX 77441
      View Details
    • Contact for pricing
      60,600 SF

      Fulshear Retail Center - Prime Location

      60,600 SF Retail Space, Multiple Tenants
      Fulshear TX 77441 Nec Fm 1093 & Skyline Dr, Fulshear, TX 77441
      View Details
    • Contact for pricing
      2,207 SF

      Fulshear Medical Office Space

      Prime Medical Office, 2,207 SF Available
      7609 Tiki Dr, Fulshear, TX 77441
      View Details
    • Contact for pricing
      10,560 SF

      Retail Space in Growing Fulshear

      Retail space in affluent, rapidly growing Fulshear retail hub.
      27131 Fulshear Bnd Dr, Fulshear, TX
      View Details
    • Contact for pricing
      1,924 SF

      Retail Space in Growing Area

      Second-generation retail space available in Fulshear, TX. Delivery Q3 2025.
      5810 Fm 1463 Rd, Fulshear, TX 77441
      View Details
    • $50 SF/Yr
      10,000 SF

      Fulshear Retail Space - 10,000 SF

      Prime Fulshear location, 10,000 SF retail space.
      0 Tiki Dr, Fulshear, TX 77441
      View Details
    • Contact for pricing
      5,272 SF

      Fulshear Retail Space For Lease

      Prime Fulshear retail space, 1,500-5,272 sq ft.
      28840 Farm To Market 1093, Fulshear, TX 77441
      View Details
    • $28 SF/Yr
      7,859 SF

      Fulshear Professional Office Space

      Modern medical & office suites available.
      7609 Tiki Dr, Fulshear, TX 77441
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in a master-planned community, delivered August 2024.
    Where is this retail space located?
    The property is located at 28840 Fm 1093 Rd Fulshear, TX.
    What are key features of this property?
    This property features: - New construction completed August 2024; - Located in Cross Creek Ranch, a large community spanning 3,200 acres with over 6,100 homes; - Cross Creek Ranch has approximately 4,200 families residing within the community
    (832) 492-5155
    Request Owner's contact information
    28840 Fm 1093 Rd Fulshear, TX 77441
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28840 Fm 1093 Rd
    Fulshear, TX 77441
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28840 Fm 1093 Rd Fulshear, TX 77441
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Eric Broussard
    (832) 492-5155
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.