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    Cypress TX Hwy 290 & Fry Rd Cypress, TX 77433

    For Lease
    Contact for pricing

    5M SF Industrial Space for Lease

    Lot size:
    5,000,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Prologis Legacy Point, a premier Class A industrial business park in Cypress, Texas, offers 5,000,000 square feet of available space for lease. Located in Harris County, near the intersection of Hwy 290 and Fry Rd (zip code 77433), this expansive property sits on a 350-acre lot and provides exceptional access to the Houston MSA and the Texas Triangle. The park is designed to LEED sustainability standards, incorporating modern features. Multiple tenancy options are available, with spaces ranging from a minimum of 200,000 square feet to a maximum contiguous space of 1,300,000 square feet. This development offers both speculative and build-to-suit opportunities, catering to a wide range of manufacturing, warehouse, and distribution needs. The property's strategic location and modern design make it an ideal choice for businesses seeking a high-quality industrial space in a thriving Texas market. The entire 5,000,000 square feet is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure significant space in a newly developed, state-of-the-art industrial park.

    Property Features for Cypress TX Hwy 290 & Fry Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000,000 SF
    Class
    A

    Unit(s) available at that property

    Space
    Build-to-Suit Proposed Buildings
    Size
    1,300,000 SF

    HighLights

    • Up to 5,000,000 SF available for build‑to‑suit (BTS) in Cypress, TX.
    • Located in Northwest Houston at Hwy 290 and Fry Rd (Zip Code 77433).
    • Multiple points of ingress/egress.
    • Access to a strong labor pool.
    • Close proximity to the Grand Parkway and freeway frontage with excellent visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.710975546798
    Latitude
    29.976471058919

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    FAQs

    What type of property is this?
    Distribution property - 5M SF Industrial Space for Lease
    Where is this distribution property located?
    The property is located at Cypress TX Hwy 290 & Fry Rd Cypress, TX.
    What are key features of this property?
    This property features: Up to 5,000,000 SF available for build-to-suit (BTS) in Cypress, TX.; Located in Northwest Houston at Hwy 290 and Fry Rd (Zip Code 77433).; Multiple points of ingress/egress.
    Request Owner's contact information
    Cypress TX Hwy 290 & Fry Rd Cypress, TX 77433
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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
    Cypress TX Hwy 290 & Fry Rd Cypress, TX 77433
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