Property profile

17844 Mound Rd Cypress, TX 77433

OFF-MARKET
Office Spaces
7,596 SF Built 2024
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Property summary

AI-generated overview

This exceptional 7,596 square-foot office complex, built in 2024, offers multiple tenancy options within seven single-story buildings. The property boasts a Class B designation and features freshly constructed, turn-key office units, each complete with a reception area, kitchenette, restroom, and private offices. Designer finishes grace the interiors, complemented by modern stucco and stone exteriors. Convenient front-door parking and ample parking are available, along with ADA-compliant sidewalks. Owners benefit from an all-inclusive package encompassing water, trash, landscaping, irrigation, and property management, which handles upkeep of common areas, landscaping, security, and building exteriors. A furnished Community Conference Center, equipped with a kitchenette and an ADA-compliant restroom, is available for reservation. The strategic location near Mound Rd and Fry Rd, with easy access to US Hwy 290 and the Grand Parkway (99), provides unparalleled connectivity to Northwest Houston's thriving business and residential areas, including Cypress South Subdivisions, Blackhorse Ranch, Cypress Creek Lakes, Cypress Oaks, Towne Lake, Bridgeland, and Miramesa. The surrounding area's demographics are highly favorable, with a significant concentration of affluent, educated young professionals and families. In 2018, the population was 90,024, with a median age of 32.1, and an average household income of $133,935. Daily traffic counts on US Hwy 290 in 2018 reached 99,452 (east) and 98,966 (southeast).

Property profile

Verified
Property type Office Spaces
Year built 2024
Total area 7,596 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17844 Mound Rd Cypress, TX 77433
Cypress metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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