Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Schiel Rd Cypress, TX 77433
    Back to Search
    Property profile & analytics

    Schiel Rd Cypress, TX 77433

    View on Map
    • Land
    • 192.22 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Schiel Rd

    Lot size
    192.22 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 192.22-acre tract of land presents a unique opportunity for commercial or industrial development. Ideally situated off Grand Parkway and Schiel Road in Cypress, Texas (Harris County, zip code 77433), this shovel-ready site boasts significant advantages for immediate construction. The property benefits from a pre-approved Municipal Utility District (MUD), City Consent, and a Texas Commission on Environmental Quality (TCEQ) permit for water and wastewater discharge. A comprehensive feasibility study for a wastewater and water treatment plant is complete. Furthermore, a thorough 275.2-acre industrial site drainage analysis and detention plan (Unit L100-00-00

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.7684
    Latitude
    30.0206

    Comparable in this City

    • Value Estimation by Request
      3.70 Acres

      Spg Blvd

      Land • 3.70 Acres
      0 Spg Blvd, Cypress, TX 77433
      View Details
    • Value Estimation by Request

      17520 South Dr

      Land
      17520 South Dr, Cypress, TX 77433
      View Details
    • Value Estimation by Request
      1.03 Acres

      Bauer Off Rd

      Land • 1.03 Acres
      0 Bauer Off Rd, Cypress, TX 77433
      View Details
    • Value Estimation by Request
      21.85 Acres

      19131 Cypress Church Rd

      Land • 21.85 Acres
      19131 Cypress Church Rd, Cypress, TX 77433
      View Details
    • Value Estimation by Request
      3.31 Acres

      and FM 529 Greenhouse Rd

      Land • 3.31 Acres
      and FM 529 Greenhouse Rd, Cypress, TX 77433
      View Details
    • Value Estimation by Request
      48.00 Acres

      US-290 And Grand Pkwy

      Land • 48.00 Acres
      US-290 And Grand Pkwy, Cypress, TX 77433
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,597 SF

      Office and Industrial Space Available

      5,597 SF office and industrial space for sale.
      11950 Barker Cypress Rd, Cypress, TX 77433
      View Details
    • $17,424,000
      50.00 Acres

      50-Acre Commercial Land, Hockley, TX

      Prime Commercial Land - 50 Acres, Excellent Location
      0 Bauer Rd, Hockley, TX 77433
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      south Of Tuckerton Rd, Houston, TX 77433
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Cypress, Texas.
      Bauer Off Rd, Cypress, TX 77433
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale in Cypress, Texas.
      US-290 And Grand Pkwy, Cypress, TX 77433
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Flex/Office Warehouse in Cypress

      Modern flex/office warehouse property suitable for various business operations.
      16326 Mueschke Rd, Cypress, TX 77433
      View Details
    • Contact for pricing

      Retail/Office Space For Lease

      Prime location retail/office space available for lease.
      17960 Fm 529 Rd, Houston, TX 77433
      View Details
    • Contact for pricing

      Cypress Flex/Industrial/Office Space Available

      Flex, industrial, and office spaces for lease in Cypress.
      17219 South Dr, Cypress, TX 77433
      View Details
    • Contact for pricing

      Legacy Point Industrial Building

      Premier industrial space in Cypress, TX with modern design.
      Hwy 290 & Fry Rd, Cypress, TX 77433
      View Details
    • Contact for pricing
      142,100 SF

      New Class A Distribution Building

      New distribution building in Northwest Houston with highway frontage.
      12020 Barker Cypress Rd, Cypress, TX 77433
      View Details
    • Contact for pricing

      Multifunctional Property in Active Submarket

      Lease a versatile property in a growing Cypress commercial area.
      16834 House Hahl Rd, Cypress, TX 77433
      View Details
    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.
    Schiel Rd
    Cypress, TX 77433
    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

    Thank You for Inquiry
    Schiel Rd, Cypress, TX, 77433
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!