Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20172 Us-59 New Caney, TX 77357
    Back to Search
    Property profile & analytics

    20172 Us-59, New Caney, TX 77357

    View on Map
    • Retail properties & Spaces
    • 8,050 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 20172 Us-59

    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, known as Caney Crossing, presents a prime leasing opportunity in the thriving New Caney, Texas market. Located at 20172 US-59, zip code 77357, this property offers a total of 8,050 square feet of retail space currently available for lease. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 5,700 square feet. The entire 8,050 square feet is currently vacant, providing a unique chance for a single tenant to occupy the entire building or for multiple businesses to establish themselves in this high-traffic location. The property sits on a sizable lot ranging from 0.547 to 1.027 acres, offering ample space and visibility. This versatile space is ideal for a variety of retail uses, providing excellent potential for growth and success in a dynamic commercial area. The property's strategic location on US-59 ensures high visibility and accessibility for customers. This is a rare opportunity to secure a prominent retail presence in a rapidly developing Texas community. Contact us today to learn more about this exceptional leasing opportunity and to discuss your specific needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New Caney
    County
    Montgomery
    State
    Texas
    Longitude
    95.2177
    Latitude
    30.1533

    Comparable in this City

    • Value Estimation by Request
      1.05 Acres

      22780 Tx-242

      Restaurants
      22780 Tx-242, New Caney, TX 77357
      View Details
    • Value Estimation by Request

      22236 Via Principale Pkwy

      Day care centers
      22236 Via Principale Pkwy, New Caney, TX 77357
      View Details
    • Value Estimation by Request
      3.27 Acres

      19969 Us-59

      Day care centers
      19969 Us-59, New Caney, TX 77357
      View Details
    • Value Estimation by Request
      3,600 SF

      585 Roman Forest Blvd

      Lifestyle centers
      585 Roman Forest Blvd, New Caney, TX 77357
      View Details
    • Value Estimation by Request
      54,175 SF

      20185 Us-59

      Restaurants
      20185 Us-59, New Caney, TX 77357
      View Details
    • Value Estimation by Request
      57,342 SF

      22475 Community Dr

      Lifestyle centers
      22475 Community Dr, New Caney, TX 77357
      View Details

    Similar Nearby for Sale

    • $729,000

      New Caney Commercial Property

      Commercial property in a rapidly growing area of Montgomery County.
      31865 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • Contact for pricing

      Prime Commercial Land on Hwy 242

      1.3+/- acre commercial land with frontage on Hwy 242.
      23404 State Highway 242, New Caney, TX 77357
      View Details
    • Contact for pricing
      2,500 SF

      Highway Frontage Mixed-Use Land

      12.99-acre mixed-use land with highway frontage and visibility.
      18118 Us Highway 59, Roman Forest, TX 77357
      View Details
    • Contact for pricing

      Highway Frontage Commercial Property

      Commercial property with frontage on I-69/Hwy 59 for sale.
      20400 Us Highway 59, New Caney, TX 77357
      View Details
    • Contact for pricing
      3,844 SF

      Income-Producing Commercial Property For Sale

      2.94-acre commercial property with income-generating improvements in New Caney.
      22271 Newton Dr, New Caney, TX 77357
      View Details
    • Contact for pricing
      2 SF

      Retail/Office Investment Opportunity

      Income-producing retail and car wash near major retail and transportation.
      20203 Fm 1485 Rd, New Caney, TX 77357
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      FM 1485 Frontage Opportunity

      Excellent frontage, visibility, and access in high-growth New Caney.
      17505 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in New Caney, Texas.
      20172 Us Highway 59, New Caney, TX 77357
      View Details
    • Contact for pricing

      New Caney Warehouse Space

      Warehouse space in rapidly growing New Caney. Excellent accessibility.
      24090 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • $20 SF/Yr
      2,100 SF

      Retail Space on FM 1485

      Retail space with high visibility and pylon signage available.
      20875 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail spaces available for lease.
      20851 Fm 1485 Rd, New Caney, TX 77357
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space Near Walmart Supercenter

      Retail spaces available in a dynamic growth corridor.
      20172 Us Highway 59, New Caney, TX 77357
      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.
    20172 Us-59
    New Caney, TX 77357
    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
    20172 Us-59, New Caney, TX, 77357
    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!