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    12910 Malcomson Rd Cypress, TX 77429

    For Sale
    Contact for pricing

    9,830 SF Retail Space, High Traffic Area

    Property size:
    9,830 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    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 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

    HighLights

    • 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).
    • NNN lease available with generous TI allowance and rent abatements; rent starts at $17/SF.
    • Well‑maintained property with ample parking (8.7:100 ratio).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Skin Care Clinic Gym & Fitness Pharmacy

    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).
    Request Owner's contact information
    12910 Malcomson Rd Cypress, TX 77429
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    Cypress, TX 77429
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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
    12910 Malcomson Rd Cypress, TX 77429
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