Add Listing
    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

    7955 FM359 Fulshear, TX 77406

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

    Commercial land available for ground lease in Fulshear, Texas.

    Type:Land
    Added:
    Aug 31, 2022
    Days on Market:
    1333
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 7955 FM359

    General Information

    Standard status
    Active
    Property subtype
    Land

    Spaces For Lease

    at 7955 FM359 Contact us

    We can help!

    Listing Contact
    Logan Zhou

    Listing agent Logan Zhou License #TX 0639394

    Listing office GT Capital

    Listing date Aug 31, 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 GT Capital

    Overview

    Fulshear Commercial Land For Lease

    This commercial land is available for ground lease. The property is zoned Downtown District and has city utilities. It features 309 feet of frontage on FM 359.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Dental Office Real Estate Agency Auto Repair Shop Hair Salon Auto Parts 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
    -95.9018168
    Latitude
    29.6977439

    Nearby Similar for Lease

    • $40 SF/Yr

      Retail Space in Growing Fulshear

      New retail development in fast-growing Fulshear, Fort Bend County.
      27125 Fulshear Bend Dr, Fulshear, TX
      View Details
    • Contact for pricing

      Retail Space in Fulshear, Texas

      2500 sqft retail space available for lease.
      28840 FM 1093 Road, Fulshear, TX 77441
      View Details
    • Contact for pricing

      Retail Space in Growing Fulshear

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

      Turnkey Nail Salon in Katy

      Fully equipped nail salon for lease in high-traffic shopping center.
      4020 FM 1463, Fulshear, TX 77441
      View Details
    • $42 SF/Yr

      Retail Space in Fulshear, Texas

      Retail space available for lease in Fulshear, Texas.
      6300 FM 1463 , Fulshear, TX
      View Details
    • Contact for pricing

      New AutoZone Store in Fulshear

      New AutoZone store in Fulshear, TX with 15-year lease.
      29919 Jordan Crossing Blvd, Fulshear, TX
      View Details
    • Contact for pricing

      Retail Strip in Growing Area

      Retail spaces for lease in Fulshear, Texas near Houston.
      6630 FM 1463 Road, Fulshear, TX 77441
      View Details
    • Contact for pricing

      New Retail Destination in Fulshear

      New mixed-use project, regional shopping destination, surrounded by residential construction.
      30200 FM 1093, Fulshear, TX 77441
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Fulshear, Texas.
      Tiki Dr, Fulshear, TX 77441
      View Details
    • Contact for pricing

      Retail Space in Growing Fulshear

      Retail spaces with high-end amenities in growing Fulshear, Texas.
      32727 School Hl Rd, Fulshear, TX 77441
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Fulshear, Texas.
      NWQ of FM 1463 & Fulshear Bend Dr, Fulshear, TX 77494
      View Details
    • Contact for pricing

      Land for Lease in Fulshear

      Land available for lease in a growing Fulshear area.
      Texas Heritage Pkwy, Fulshear, TX 77441
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available for ground lease in Fulshear, Texas.
    Where is this commercial land located?
    The property is located at 7955 FM359 Fulshear, TX.
    What are key features of this property?
    This property features: 309 ft of FM 359 frontage; Zoned Downtown District; City utilities available
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Logan Zhou
    Real Estate License ID: TX 0639394
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!