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    Nwc Of Cypress Oaks Dr & Randal Way Spring, TX 77388

    Sponsored
    For Sale
    $2,516,025

    Prime Spring, TX Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.22-acre commercial property, located at the northwest corner of Cypress Oaks Drive and Randal Way in Spring, Texas (Harris County, zip code 77388), presents a compelling investment opportunity. Priced at $2,516,025 ($8/sq ft), this "shovel-ready" site boasts a highly visible and accessible location, ideal for retail and industrial development. The property offers approximately 1990 feet of frontage on Cypress Oaks Drive and approximately 570 feet of frontage on Randal Way, ensuring significant street presence. Its strategic location provides less than 1,500 feet of proximity to the I-45 intersection, guaranteeing convenient freeway access for customers and employees. Situated within the highly-rated Klein ISD, this property benefits from a strong local community and excellent schools. Utilities are readily available through HC WCID 110, and off-site detention is already in place, simplifying the development process. This is a rare opportunity to acquire a well-positioned, fully-prepared commercial lot in a thriving Texas market.

    Property Features for 0 Nwc Of Cypress Oaks Dr & Randal Way

    General Information

    Property type
    Industrial properties
    Lot Size
    314,503 SF

    HighLights

    • Hard corner lot at Cypress Oaks Dr and Randal Way, Spring, TX.
    • ±1990' of frontage on Cypress Oaks Drive.
    • ±570' of frontage on Randal Way.
    • Highly visible and accessible location.
    • Less than 1,500 feet to I‑45 freeway access.
    • Located in the highly‑rated Klein ISD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.4337234
    Latitude
    30.0381146

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    FAQs

    What type of property is this?
    Industrial property - Prime Spring, TX Commercial Land
    Where is this industrial property located?
    The property is located at Nwc Of Cypress Oaks Dr & Randal Way Spring, TX.
    What is the asking price?
    The asking price for this property is $2,516,025.
    What are key features of this property?
    This property features: Hard corner lot at Cypress Oaks Dr and Randal Way, Spring, TX.; ±1990' of frontage on Cypress Oaks Drive.; ±570' of frontage on Randal Way.
    Request Owner's contact information
    Nwc Of Cypress Oaks Dr & Randal Way Spring, TX 77388
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    Realmo Value Estimation

    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.

    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.

    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
    Nwc Of Cypress Oaks Dr & Randal Way Spring, TX 77388
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