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    OFF-MARKET
    Land

    5350 Cypresswood Dr, Spring, TX 77379

    1.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the thriving Spring, Texas market. Situated at 5350 Cypresswood Drive, Harris County, with a zip code of 77379, this property boasts 173 feet of frontage on Cypresswood Drive. The land is conveniently located and offers readily available utilities, making it ideal for a variety of development projects. No use restrictions are of record, providing significant flexibility for potential buyers. Preliminary plans could include medical facilities, office buildings, multifamily residential, or assisted living facilities. The property's size and location make it an attractive prospect for developers seeking a prime location in a rapidly growing area. The Harris County Appraisal District (HCAD) number is 1347770010002. This is a rare chance to acquire a substantial tract of land with significant development potential in a highly desirable area of Houston, Texas. Serious inquiries are encouraged to discuss pricing and explore the possibilities this property offers. The latitude and longitude coordinates are 30.0260297 and -95.482919 respectively.

    Property profile
    Verified
    Property type Land
    Lot 1.5 ac (65,340 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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