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Property profile & analytics
OFF-MARKET Estimated value $5,115,000
Retail space

18750 Interstate 45 Spring, TX 77373-5302

48,352 SF 11.83 ac lot Built 2011
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-5890582
Property summary
AI-generated overview

This exceptional 99,351-square-foot mixed-use property in Spring, Texas, presents a compelling investment opportunity. Strategically located on Interstate 45, it enjoys high visibility to nearly 271,000 vehicles daily. The 12.41-acre site houses a 44,019-square-foot, two-story Class A office building constructed in 2011, along with eleven single-family residential model homes, an event hall, a cooking school, and a substantial warehouse. The property offers 258 surface parking spaces, providing a 5.68/1,000 SF parking ratio. Its prime location between Houston and The Woodlands, Texas, offers easy access to major thoroughfares including Interstate 45, FM 1960, the Grand Parkway, and the Hardy Toll Road. Proximity to George Bush Intercontinental Airport, The Woodlands, and downtown Houston further enhances its appeal. The property boasts a large, two-sided electronic LED sign, ensuring prominent visibility. The expansive meeting space accommodates 240+ attendees, complemented by a 1,000kW diesel backup generator and private fiber internet lines. High-quality finishes and multiple breakrooms are featured throughout. The property's location in a rapidly growing area, with over 262,969 residents within a five-mile radius, and its proximity to major employers like ExxonMobil and HP Enterprises, makes it ideal for a variety of uses. An additional 28 acres are available for expansion. The property's features and location make it suitable for medical, insurance, inpatient/outpatient rehabilitation facilities, corporate offices, housing, or hospitals, given its proximity to several major healthcare providers. This is a rare opportunity to acquire a fee-simple interest in a thriving mixed-use center.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2011
Construction STEEL FRAME
Total area 48,352 SF
Lot 11.83 ac (515,223 SF)
APN 1333170010001
UPID US82-5890582
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Experiential Homes Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.84M
Blend (final) Blend
$5.12M
Owner & transaction history
Dth Land Ltd · 8 yrs held
Dth Land Ltd
since 2018
3 recorded transactions
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $8.0M +100.3%
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