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Property profile & analytics
OFF-MARKET Estimated value $755,000
Strip malls

921 Cypress Crk Pkwy 1 Houston, TX 77090-2505

52,784 SF 3 ac lot Built 1983
Trust Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3340060
Property summary
AI-generated overview

The Classic Station Center presents a fantastic opportunity for businesses seeking prime commercial space in a high-traffic area of Houston, Texas. This exceptional property, situated on 5.38 acres, boasts a total of 98,008 square feet across three buildings. Multiple suites are available, ranging from a minimum of 900 square feet to a maximum contiguous space of 32,000 square feet, offering flexibility for various business needs. Its strategic location on Cypress Creek Parkway provides excellent visibility and accessibility, with convenient access to I-45 (approximately one mile away). Ample parking is available for tenants and customers. The property is ideally suited for a variety of commercial uses, including retail, office, and special purpose tenants, making it an excellent choice for businesses looking to expand or establish a presence in this thriving Houston area. The property features no elevators. Power is available on site. This is a rare opportunity to secure a prominent location in a dynamic market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1983
Construction STEEL FRAME
Total area 52,784 SF
Lot 3 ac (130,680 SF)
APN 451720000194
UPID US82-3340060
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • PRN Uniforms & Medical Supply.Inc (Bike/Boat/Book/etc) Store
  • Letap Uniform Manufacturing (Bike/Boat/Book/etc) Store
  • lolita hair braiding salon Hair Salon
  • Country Bonding Law Firm
  • Gold Barbershop and Beautysalon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$941k
Blend (final) Blend
$755k
Owner & transaction history
Naddour Living Trust · 10 yrs held
Naddour Living Trust
since 2016
7 recorded transactions
2016
Price N/A
2013
Price N/A
2007
Price N/A
1997
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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