Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16825 Theiss Mail Rte Rd Spring, TX 77379

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Neighborhood center in Champion Forest area of Spring, Texas.

    Type:Retail
    Added:
    Apr 29, 2024
    Days on Market:
    732
    Last Refresh:
    Mar 17 at 1:21 pm

    Property Features for 16825 Theiss Mail Rte Rd

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 16825 Theiss Mail Rte Rd Contact us

    We can help!

    Listing Contact
    Dan Silvestri

    Listing agent Dan Silvestri License #TX 411736

    Listing office Silvestri Investments Inc

    Listing date Apr 29, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Silvestri Investments Inc

    Overview

    Retail Space in Spring, Texas

    Theiss Plaza is a neighborhood center situated at the intersection of Louetta and Theiss Mail Route, located in the Champion Forest area of Spring, Texas. The surrounding area features dense residential neighborhoods and other shopping centers. The property benefits from good visibility from Louetta Road and easy access to the center. The location is within a major retailer corridor and benefits from strong demographics.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    • Klein Square — 16812 Stuebner Airline Rd, Spring, TX 77379
    • Champion Plaza — 8921 Louetta Rd, Spring, TX 77379
    • Coinstar Kiosk | Bitcoin ATM — H.E.B., 7310 Louetta Rd., Spring, TX 77379
    • Theiss Mail Retail Center — 16813 Theiss Mail Rte Rd, Spring, TX 77379
    • Coin Cloud Bitcoin ATM — 7314 Louetta Rd, Spring, TX 77379

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Montgomery
    State
    Texas
    Longitude
    -95.533277
    Latitude
    30.016261

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      TX, Spring - Budde Road

      25814 Budde Rd, Spring, TX 77380
      View Details
    • Contact for pricing

      Springwoods

      24624 Interstate 45, Unit 200, Spring, TX 77386
      View Details
    • $0.90 SF/Yr

      Industrial Space with Renovated Office

      7,200 SF industrial space with quick highway access.
      2819 Louetta Rd, Spring, TX 77388
      View Details
    • $14 SF/Yr

      Adaptable Office Spaces For Rent

      Modern, customizable office spaces in a thriving North Houston market.
      4333-4334 Kreinhop, Spring, TX 77388-2978
      View Details
    • $0.15 SF/Yr

      Versatile Retail and Warehouse Space

      Retail and warehouse suites with customized floor plans available.
      2810 Louetta Road, Spring, TX 77388
      View Details
    • $18 SF/Yr

      Class A Office Space Available

      Office suites for lease in The Woodlands Town Center.
      9400 Grogans Mill Road, Spring, TX
      View Details
    • $22 SF/Yr

      Office Space Near Hardy Toll

      9,125 SF office space for lease near City Place.
      819 Crossbridge Drive, Spring, TX 77373
      View Details
    • $1.35 SF/Yr

      Spring/Klein Flex Space Available

      Office/warehouse/flex space in a dynamic, well-connected location.
      21631 Rhodes Road, Spring, TX 77388
      View Details
    • $26 SF/Yr

      Class A Office Space

      Class A office space in The Woodlands Town Center.
      1330 Lake Robbins Drive, Spring, TX
      View Details
    • $19 SF/Yr

      Retail Space Available For Rent

      Retail spaces available for lease in Spring, Texas.
      4700-4750 FM 2920, Spring, TX
      View Details
    • $1.00 SF/Yr

      Office Space in Spring, Texas

      Office space for lease in a thriving Spring, Texas area.
      2650 Old Louetta Loop, Spring, TX 77388
      View Details
    • $850/Mo

      Updated Executive Suite For Rent

      Executive suite with medical and office space available for rent.
      5501 Louetta Rd, Spring, TX
      View Details

    FAQs

    What type of property is this?
    Shopping center - Neighborhood center in Champion Forest area of Spring, Texas.
    Where is this shopping center located?
    The property is located at 16825 Theiss Mail Rte Rd Spring, TX.
    What are key features of this property?
    This property features: Good visibility from Louetta Road; Strong demographics; Located in the Champion Forest area of Spring, Texas
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dan Silvestri
    Real Estate License ID: TX 411736
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!