Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space on Murphy Road Title is generated by Realmo AI

    12240 Murphy Rd, Stafford, TX 77477

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in high-traffic Stafford location.

    Type:Retail
    Added:
    Sep 27, 2022
    Days on Market:
    1325
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 12240 Murphy Rd

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1982

    Spaces For Lease

    at 12240 Murphy Rd Contact us

    We can help!

    Listing Contact
    Tim Nguyen

    Listing agent Tim Nguyen License #TX

    Listing office Thien Thuy Realty LLC.

    Listing date Sep 27, 2022

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Thien Thuy Realty LLC.

    HighLights

    • High Traffic Count: Located on Murphy Road (FM 1092) near Southwest Freeway (US Highway 59), a seven‑lane thoroughfare with very heavy traffic.
    • Desirable Frontage: Located at the intersection of Murphy Road and Nations Boulevard.
    • High Growth Area: Situated in Fort Bend County, an area experiencing strong growth and demand.
    • Proximity to Major Employment Centers: Good access to major employment centers via US Highway 59.
    • Strategic Location: Known as the 'back door' to First Colony in Sugar Land.
    • Two Buildings: The center consists of two buildings, 12220 and 12240 Murphy Road.

    Overview

    This retail space is located at the intersection of Murphy Road and Nations Boulevard, within a center consisting of two buildings at 12220 and 12240 Murphy Road. Situated on Murphy Road (FM 1092), just two blocks from the Southwest Freeway (US Highway 59), it benefits from high traffic volume on this seven-lane thoroughfare. The area is experiencing strong growth and demand for most types of businesses, spurred by the growth of Fort Bend County and access to major employment centers via US Highway 59. This location is known as the back door to First Colony in Sugar Land and is characterized by master-planned communities and business parks.
    Location Intelligence

    Current Use by Public Records

    Providence Pharmacy & Med ... Pharmacy Protech Evaluation Services Alternative Medicine Practice Print N Award Marketing & Advertising Tony's Grill & Asian ... Restaurant Sunbelt Pawn Jewelry ... Discount Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Stafford
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.565302
    Latitude
    29.643264

    Nearby Similar for Lease

    • Contact for pricing

      Stafford Commercial Space For Lease

      Commercial space with excellent visibility and ample parking available for lease.
      501 MURPHY RD, Stafford, TX 77477
      View Details
    • Contact for pricing

      Retail and Dining Space Available

      Retail and dining options with residences in Fort Bend County.
      11249 W Airport Blvd Sugar, Land, TX 77477
      View Details
    • Contact for pricing

      High-Visibility Commercial Space in Stafford

      Versatile commercial space with excellent frontage and regional connectivity.
      4227 S Main St, Stafford, TX 77477
      View Details
    • $0.94 SF/Yr

      Stafford Warehouse Space Available

      3,750 SF warehouse space for lease in Stafford, Texas.
      13000-13004 Murphy Road, Stafford, TX
      View Details
    • $0.85 SF/Yr

      Stafford Warehouse Space Available

      2,688 SF warehouse space for rent in Stafford, Texas.
      13110 Mula, Stafford, TX
      View Details
    • Contact for pricing

      Stafford Flex/Industrial Space Available

      Flexible building design in business-friendly Stafford, Texas.
      11325 Cash Rd, Stafford, TX 77477
      View Details
    • Contact for pricing

      Stafford Flex/Industrial Space Available

      Flexible building design in business-friendly Stafford, Texas.
      11329 Cash Rd, Stafford, TX 77477
      View Details
    • $19 SF/Yr

      Stafford Office Space Available

      Office space featuring window offices, conference room, and storage.
      4800 Sugar Grove Blvd, Stafford, TX
      View Details
    • Contact for pricing

      Restaurant & Bar Space Available

      Restaurant and bar space with high visibility available for lease.
      12575 Southwest Freeway, Stafford, TX 77477
      View Details
    • Contact for pricing

      Stafford Commercial Property for Lease

      Commercial property available for lease in Stafford, Texas.
      12701 Directors Dr., Stafford, TX 77477
      View Details
    • Contact for pricing

      Stafford Commercial Space Available

      Commercial space available for rent in Stafford, Texas.
      12220 Murphy Road, Stafford, TX 77477
      View Details
    • Contact for pricing

      Stafford Flex Space For Rent

      Flex space available for lease in Stafford, Texas.
      12705 S Kirkwood Rd, Stafford, TX 77477
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in high-traffic Stafford location.
    Where is this retail space located?
    The property is located at 12240 Murphy Rd Stafford, TX.
    What are key features of this property?
    This property features: High Traffic Count: Located on Murphy Road (FM 1092) near Southwest Freeway (US Highway 59), a seven‑lane thoroughfare with very heavy traffic.; Desirable Frontage: Located at the intersection of Murphy Road and Nations Boulevard.; High Growth Area: Situated in Fort Bend County, an area experiencing strong growth and demand.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tim Nguyen
    Real Estate License ID: TX
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    12240 Murphy Rd, Stafford, TX 77477
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!