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    I-45 & Cypress Oaks Dr Spring, TX 77388

    Sponsored
    For Sale
    $4,410,450

    6.75 Acres, High Visibility, $4.4M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.75-acre commercial land parcel presents a remarkable investment opportunity in Spring, Texas. Strategically located at the Northwest corner of I-45 and Cypress Oaks Drive, this property boasts unparalleled visibility and accessibility. With approximately 920 feet of frontage on I-45, 290 feet on Cypress Oaks Drive, and 750 feet on Enchanted Oaks Drive, this site offers extensive exposure to a high volume of daily traffic. The property is situated within the highly-rated Klein Independent School District, a significant draw for families and businesses alike. Utilities are readily available through Harris County WCID 110, and off-site detention is already in place, simplifying the development process. This "shovel-ready" site is zoned for retail, office, and medical office uses, providing flexibility for a variety of development plans. The asking price is $4,410,450, translating to $15 per square foot. This prime location, combined with its size and readily available infrastructure, makes this an ideal site for a wide range of commercial ventures. Don't miss this chance to acquire a truly exceptional commercial property in a thriving Texas market.

    Property Features for I-45 & Cypress Oaks Dr

    General Information

    Property type
    Restaurants
    Lot Size
    294,030 SF

    HighLights

    • I‑45 (North Freeway), Cypress Oaks Dr, and Enchanted Oaks Dr frontage.
    • High visibility and accessibility with freeway frontage.
    • 920 linear feet of I‑45 frontage.
    • 290 linear feet of Cypress Oaks Dr frontage.
    • 750 linear feet of Enchanted Oaks Dr frontage.
    • Located in Klein ISD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.4371849
    Latitude
    30.0388811

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    FAQs

    What type of property is this?
    Restaurant - 6.75 Acres, High Visibility, $4.4M
    Where is this restaurant located?
    The property is located at I-45 & Cypress Oaks Dr Spring, TX.
    What is the asking price?
    The asking price for this property is $4,410,450.
    What are key features of this property?
    This property features: I-45 (North Freeway), Cypress Oaks Dr, and Enchanted Oaks Dr frontage.; High visibility and accessibility with freeway frontage.; 920 linear feet of I-45 frontage.
    Request Owner's contact information
    I-45 & Cypress Oaks Dr 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
    I-45 & Cypress Oaks Dr Spring, TX 77388
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