Add Listing
    For Sale
    • 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

    609 Spring Cypress Rd Spring, TX 77373

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime 1.248-acre commercial lot with buildings.

    Property Features for 609 Spring Cypress Rd

    General Information

    Property type
    Land
    Lot Size
    54,363 SF

    We can help!

    Listing Contact
    Jeff Lokey
    Jeff Lokey

    Listing Agency: NewQuest Properties Listing Agent: Jeff Lokey

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 1.248-acre commercial property, located at 609 Spring Cypress Road in Spring, Texas (Harris County, zip code 77373), presents a unique investment opportunity. The property boasts significant frontage on Spring Cypress Road and a corner location leading into Historic Old Town Spring, offering high visibility and accessibility. The asking price is $1,250,000. The property includes existing improvements consisting of a 1,920-square-foot log building and a 1,300-square-foot warehouse/storage building. These structures provide immediate utility and potential for various commercial uses. The ample remaining land allows for the construction of additional buildings, expanding the property's potential and accommodating future growth. The property's APN is 0450100003110. This location has housed a successful Amish furniture business for the past 31 years, demonstrating the site's viability and established commercial history. This property is ideal for investors seeking a versatile commercial site with existing structures and significant development potential in a thriving Texas community. The property's prime location and existing buildings offer immediate return on investment while providing ample space for future expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Amish Home Furnishings Furniture & Home Goods

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.423298
    Latitude
    30.078843

    Nearby Similar for Sale

    • Contact for pricing
      4,050 SF

      Freestanding Retail Space For Sale

      Freestanding retail space with ample parking and high traffic.
      1410 Research Forest Dr, Spring, TX 77381
      View Details
    • Contact for pricing
      60,000 SF

      Office/Flex Space Near Woodlands

      Office and office/warehouse suites available near major thoroughfares.
      500 Spring Hills Dr, Spring, TX 77386
      View Details
    • Contact for pricing
      10,258 SF

      Spring Oaks Plaza Retail Space

      Retail spaces available in Spring Oaks Plaza, Spring, TX.
      4544 Spring Stuebner Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      13,941 SF

      Westgate Crossing Medical/Retail Space

      Medical/Retail space for sale at Westgate Crossing in The Woodlands.
      10110 Research Forest Dr, Spring, TX 77382
      View Details
    • Contact for pricing
      250,000 SF

      Class A Office Building in Spring

      Four-story, 250,000 SF Class A office building for sale.
      25700 Interstate 45, Spring, TX 77386
      View Details
    • $950,000
      4,800 SF

      Commercial Building Near I-45

      4,800 SF commercial building in Spring, TX for sale.
      1010 Rayford Rd, Spring, TX 77386
      View Details
    • $800,000

      Unrestricted Land with Office/Warehouse

      3.73 acres with office/warehouse near IAH and Woodlands.
      6504 Treaschwig Rd, Spring, TX 77373
      View Details
    • Contact for pricing
      6,148 SF

      Flex Building with Office Space

      6,148 SF flex building with 1,200 SF office for sale.
      Stuebner Airline Rd, Spring, TX 77379
      View Details
    • $1,700,000
      4,108 SF

      Turn-Key Mechanic Shop For Sale

      Mechanic shop on fenced lot near major roads.
      21123 Rhodes Rd, Spring, TX 77388
      View Details
    • $2,500,000
      8,400 SF

      Commercial Office Building on Oak Ridge

      Commercial office building with 34 individual office spaces for sale.
      26203 Oak Ridge Dr, Spring, TX 77380
      View Details
    • $2,590,000
      6,300 SF

      Two Single-Story Office Buildings

      Two office buildings with tenants in place through November 2028.
      1824 Sawdust Rd, Spring, TX 77380
      View Details
    • $1,600,000
      2,812 SF

      Versatile Commercial Property in Spring, TX

      Unrestricted property suitable for office, medical, or service-based businesses.
      17427 W Strack Dr, Spring, TX 77379
      View Details

    FAQs

    What type of property is this?
    Land - Prime 1.248-acre commercial lot with buildings.
    Where is this land located?
    The property is located at 609 Spring Cypress Rd Spring, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 1.248-acre commercial lot at 609 Spring Cypress Road, Spring, TX 77373 (Harris County), APN 0450100003110, asking $1,250,000.; High-visibility corner lot with significant Spring Cypress Road frontage in Historic Old Town Spring.; Existing improvements include a 1,920 sq ft log building and a 1,300 sq ft warehouse.
    (281) 477-4300 Call to check price and availability
    Request Owner's contact information
    609 Spring Cypress Rd Spring, TX 77373
    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.
    609 Spring Cypress Rd
    Spring, TX 77373
    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
    609 Spring Cypress Rd Spring, TX 77373
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeff Lokey
    Jeff Lokey
    Real Estate License ID: 373933
    (281) 477-4300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!