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

    20615 Sleepy Hollow Ln Spring, TX 77388

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $30 SF/Yr ($12,500 /Mo)

    Professional office suites available for rent in a two-story building.

    Property size:
    5,000 SF
    Lot size:
    0.61 Acres

    Property Features for 20615 Sleepy Hollow Ln

    General Information

    Size
    5,000 SF
    Lot size
    0.61 Acres

    We can help!

    Listing Contact
    Tracy Eddy
    Source: Moodyscre

    Listing Agency: Texas CRES Listing Agent: Tracy Eddy

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

    Learn more

    Overview

    Professional Office Suites Available Soon

    Approximately 10,000 square feet of professional office suites are becoming available in a two-story building located on Holzwarth Road and Sleepy Hollow Lane, situated just north of Louetta Road. Of this space, approximately 5,000 square feet has been pre-leased to an autism center. The remaining 5,000 square feet can be divided into smaller suites, with sizes starting from approximately 512 square feet. Build-to-suit options are available with turnkey delivery. All suites are located on the second floor, with a covered parking area below. Access is available from both Holzwarth and Sleepy Hollow Lane. The location is in a densely populated area, just over 1,000 feet north of Louetta Road and less than half a mile west of Interstate 45. The property is in close proximity to multiple retail and commercial developments, schools, and restaurants. The average daily traffic on nearby Louetta Road exceeds 36,000 vehicles. The property is ideal for medical, health services, and professional administrative uses.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4429
    Latitude
    30.066507

    Nearby Similar for Lease

    • $610 /Mo
      285 SF

      Grogan’s Gate Professional Center Office

      Office space in a convenient location near The Woodlands.
      350 K, Spring, TX
      View Details
    • $17 SF/Yr
      721 SF

      Luxury Office Condominium For Rent

      Updated office space perfect for medical or professional business.
      5525 Louetta Rd, Spring, TX 77379
      View Details
    • $1.20 SF/Yr
      18,300 SF

      Flex Space Near Major Highways

      Flex space available near I-45, Hardy Toll Road, and Grand Parkway.
      1001-1087 Pruitt Rd, Spring, TX 77380
      View Details
    • $26 SF/Yr
      2,800 SF

      Modern Office with Warehouse Space

      Two-story office building with flexible areas and climate-controlled warehouse.
      1315 Rayford Park, Spring, TX
      View Details
    • $4,300 /Mo
      2,694 SF

      East Shore Townhome Rental

      Move-in ready, remodeled 3-story townhome in The Woodlands' East Shore.
      38 Islewood Blvd, Spring, TX 77380
      View Details
    • $30 SF/Yr
      2,550 SF

      Retail/Medical Office Space Available

      5,131 SF retail/medical office space for lease in Spring, TX.
      18551 Champion Forest Dr, Spring, TX 77379
      View Details
    • $1,900 /Mo

      Updated End Unit in Woodlands

      Three-bedroom, updated end unit in The Woodlands for rent.
      50 Leafstalk Ct, Spring, TX 77382
      View Details
    • $23 SF/Yr
      3,930 SF

      The Offices on Dowdell - Building 800

      New Spring, TX Office Suites - 3,930 SF
      7630 Dowdell Rd, Spring, TX 77389
      View Details
    • $32 SF/Yr
      990 SF

      New Professional Office Condo

      Move-in ready 990 sq. ft. office with modern finishes.
      18930 Kuykendahl Rd, Spring, TX 77379
      View Details
    • $16 SF/Yr
      1,584 SF

      Luxury Office Condominium For Lease

      1,584 SF luxury office condo with custom interior finishes.
      25511 Budde Rd, Spring, TX 77380
      View Details
    • Contact for pricing
      17,900 SF

      Retail Center Near Exxon Campus

      Retail spaces for lease in a high-growth Houston trade area.
      2040 Louetta Rd, Spring, TX 77388
      View Details
    • $27 SF/Yr
      9,120 SF

      Aldine Square Retail Spaces

      Spring, TX: Retail & Office Suites Available
      23816 Aldine Westfield Rd, Spring, TX 77373
      View Details

    FAQs

    What type of property is this?
    Office space - Professional office suites available for rent in a two-story building.
    Where is this office space located?
    The property is located at 20615 Sleepy Hollow Ln Spring, TX.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Great location: Densely populated area near Louetta Road and Interstate 45, with high traffic volume.; - Flexible space: Remaining 5,000 SF can be divided into suites as small as ±512 SF.; - Professional office suites: **±10,000 SF available in a two-story building.**
    (713) 907-1707
    Request Owner's contact information
    20615 Sleepy Hollow Ln Spring, TX 77388
    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.
    20615 Sleepy Hollow Ln
    Spring, TX 77388
    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
    20615 Sleepy Hollow Ln Spring, TX 77388
    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
    Tracy Eddy
    (713) 907-1707
    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.