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    12910 Malcomson Rd Cypress, TX 77429

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    9,830 SF Retail Space, High Traffic Area

    Property size:
    9,830 SF

    Property Features for 12910 Malcomson Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    9,830 SF
    Class
    B

    Building Details

    Year Built/Renovated
    2018/2015
    Buildings
    4

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    Listing Contact
    Taro Chellaram, Ccim
    Taro Chellaram, Ccim

    Listing Agency: TC GLOBAL COMMERCIAL Listing Agent: Taro Chellaram, Ccim

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

    Learn more

    Overview

    This Cypress, TX shopping center offers 9,830 contiguous square feet of retail space in a Class B, multi-tenant building. Built in 2018 with renovations in 2015, this NNN-lease property boasts 69.48% occupancy and is situated on a high-traffic intersection (Malcomson & Grant Roads), adjacent to Lakewood Towne Square. The property features four buildings on a 40,000 square foot lot with plans for an additional 42,000 square feet of healthcare and daycare facilities. The center benefits from excellent visibility to over 20,000 cars daily, with easy access from multiple points. It enjoys a strong 8.7:100 parking ratio and is ranked in the top 94th percentile for visitor frequency among nearby shopping centers. The surrounding area features affluent households with an average income exceeding $140,000 within a 3-mile radius. The property is zoned for commercial use (APN: 1262950010003) and offers a generous tenant improvement allowance and rent abatements. The space is in move-in ready condition, ideal for various retail or service businesses. This prime location provides exceptional visibility and accessibility, making it an attractive investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Skin Care Clinic Gym & Fitness Center Pharmacy Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.6152822
    Latitude
    29.9889011

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    FAQs

    What type of property is this?
    Lifestyle center - 9,830 SF Retail Space, High Traffic Area
    Where is this lifestyle center located?
    The property is located at 12910 Malcomson Rd Cypress, TX.
    What are key features of this property?
    This property features: 9,830 SF multi-tenant Class B shopping center in Cypress, TX.; Located at a high-traffic intersection with excellent visibility.; Strong demographics: affluent area with high household incomes ($140,000+ within a 3-mile radius).
    (832) 858-3855 Call to check price and availability
    Request Owner's contact information
    12910 Malcomson Rd Cypress, TX 77429
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    Cypress, TX 77429
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    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
    12910 Malcomson Rd Cypress, TX 77429
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    Contact for Pricing
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    and status of this listing Taro Chellaram, Ccim
    Taro Chellaram, Ccim
    Real Estate License ID: 547624
    (832) 858-3855
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