Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6535 Farm To Market 2920 Spring, TX 77379

    • Land
    • 4,000 SF
    For Sale
    View listing
    $357,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6535 Farm To Market 2920

    Property size
    4,000 SF
    Property type
    Land

    Description

    This exceptional 17,000 square foot commercial land parcel, located at 6535 Farm to Market 2920 in Spring, Texas, presents a prime opportunity for development. Priced at $357,000 ($21 per square foot), this site offers unparalleled access to major thoroughfares. Situated in a high-density residential and commercial area of Harris County, within Klein ISD and Bridgestone MUD, it benefits from excellent visibility and high traffic counts exceeding 35,000 vehicles daily on FM 2920. The property's proximity to key transportation arteries, including the Grand Parkway (99), I-45, and SH 249, ensures easy commutes for employees and clients. Utilities are readily available. A potential 4,000 square foot professional office building (with custom interior build-to-suit options) is possible. The 2022 tax rate was $2.60 per $100 of assessed value. This location is less than one mile from the Grand Parkway (99) and only 5.5 miles from I-45 and SH 249. Near TC Jester and west of Kuykendahl, it's a short distance from The Woodlands. This is an outstanding pad site opportunity in a rapidly expanding area of Spring, Texas.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.5251
    Latitude
    30.0735

    Comparable in this City

    • Value Estimation by Request
      10.15 Acres

      16534 Stuebner Airline Rd

      Land • 10.15 Acres
      16534 Stuebner Airline Rd, Spring, TX 77379
      View Details
    • Value Estimation by Request

      9613 Louetta Rd

      Land
      9613 Louetta Rd, Spring, TX 77379
      View Details
    • Value Estimation by Request
      7.07 Acres

      6210 Old Spring Cypress Rd

      Land • 7.07 Acres
      6210 Old Spring Cypress Rd, Spring, TX 77379
      View Details
    • Value Estimation by Request
      7.29 Acres

      Spring Cypress Rd

      Land • 7.29 Acres
      0 Spring Cypress Rd, Spring, TX 77379
      View Details
    • Value Estimation by Request
      2.50 Acres

      21440 T C Jester Blvd

      Land • 2.50 Acres
      21440 T C Jester Blvd, Spring, TX 77379
      View Details
    • Value Estimation by Request
      5.70 Acres

      Spring Cypress Rd

      Land • 5.70 Acres
      0 Spring Cypress Rd, Spring, TX 77379
      View Details

    Similar Nearby for Sale

    • $357,000
      4,000 SF

      FM 2920 Office Pad Site

      Spring, TX Office Land - $357K
      6535 Farm To Market 2920, Spring, TX 77379
      View Details
    • $2,600,000
      5.02 Acres

      Prime Spring, TX Commercial Land

      5-13 Acres, $2.6M, Flood-Free
      9639 Louetta Rd, Spring, TX 77379
      View Details
    • $750,000
      5.67 Acres

      Louetta Road Commercial Land

      5.67 Acres, High Traffic Area, $750,000
      6995 Louetta Rd, Spring, TX 77379
      View Details
    • Contact for pricing
      2.30 Acres

      Prime Spring, TX Commercial Land

      ±2.3-10.15 Acres, Excellent Location
      16534 Stuebner Airline Rd, Spring, TX 77379
      View Details
    • Contact for pricing
      2.50 Acres

      Hero Business Park: Prime Commercial Land

      2.5-Acre Commercial Lot in Spring, TX
      21440 T C Jester Blvd, Spring, TX 77379
      View Details
    • Contact for pricing
      9.50 Acres

      Prime Spring, TX Development Land

      9.5 Acres, Mixed-Use Potential, Permits Ready
      19916 Stuebner Airline Rd, Spring, TX 77379
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land For Rent Spring, TX

      Land available for rent in Spring, TX.
      7130 Five Forks Dr, Spring, TX 77379
      View Details
    • Contact for pricing
      12,879 SF

      Louetta Road Retail Opportunity

      Three retail pads, high traffic area.
      8411 Louetta Rd, Spring, TX 77379
      View Details
    • Contact for pricing
      1 SF

      Prime Spring, TX Commercial Land

      2.5 Acres, High Visibility
      21440 T C Jester Blvd, Spring, TX 77379
      View Details
    • Contact for pricing
      442,134 SF

      Prime Spring, TX Commercial Land

      10 Acres Available for Lease
      16534 Stuebner Airline Rd, Spring, TX 77379
      View Details
    • $11,111 /Mo
      246,985 SF

      5.67 Acres Commercial Land in Spring, TX

      Prime Commercial Land - Excellent Klein/Spring Location
      6995 Louetta Rd, Spring, TX 77379
      View Details
    • $3,500 /Mo

      Corner Stabilized Lot For Lease

      One-acre stabilized yard with secure access in high-traffic area.
      6515 Louetta Rd, Spring, TX 77379
      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.
    6535 Farm To Market 2920
    Spring, TX 77379
    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.