Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    and FM 529 Greenhouse Rd Cypress, TX 77433
    Back to Search
    Property profile & analytics

    and FM 529 Greenhouse Rd Cypress, TX 77433

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

    Current Use by Public Records

    • Land

    Property Details for and FM 529 Greenhouse Rd

    Lot size
    3.31 lot acres
    Property type
    Land

    Description

    This exceptional 3.31-acre commercial land parcel is ideally situated in Cypress, Texas, at the intersection of Greenhouse Road and FM 529, in Harris County, zip code 77433. The property boasts a strategic location within a densely populated residential area, offering unparalleled access to a substantial consumer base. With over 348,000 people residing within a 5-mile radius and over 48,000 homes within a 3-mile radius, this site presents a remarkable opportunity for developers seeking to capitalize on the high demand for residential and commercial spaces. The land is priced at $17.30 per square foot. A key advantage is the inclusion of off-site detention, addressing potential drainage concerns and enhancing the property's overall appeal. This feature simplifies development and reduces potential infrastructure costs. The property's proximity to established residential neighborhoods ensures a steady flow of potential customers and provides a strong foundation for a variety of development projects, from residential complexes to retail spaces. This prime location offers significant potential for substantial returns on investment. The property's size and location make it suitable for a wide range of commercial ventures, catering to the needs of a thriving and expanding community.

    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
    -95.7038
    Latitude
    29.8798

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      Houston Dr

      Land • 1.50 Acres
      0 Houston Dr, Cypress, TX 77433
      View Details
    • Value Estimation by Request
      2.00 Acres

      Us 290 & Mueschke

      Land • 2.00 Acres
      0 Us 290 & Mueschke, Cypress, TX 77433
      View Details
    • Value Estimation by Request
      4,000 SF

      18431 Kz Rd

      Land • 4,000 SF
      18431 Kz Rd, Cypress, TX 77433
      View Details
    • Value Estimation by Request
      3.74 Acres

      17662 Bauer Rd

      Land • 3.74 Acres
      17662 Bauer Rd, Cypress, TX 77433
      View Details
    • Value Estimation by Request
      50.00 Acres

      Bauer Rd

      Land • 50.00 Acres
      0 Bauer Rd, Hockley, TX 77433
      View Details
    • Value Estimation by Request
      2.00 Acres

      Mueschke Rd

      Land • 2.00 Acres
      0 Mueschke Rd, Cypress, TX 77433
      View Details

    Similar Nearby for Sale

    • $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 purchase.
      Us 290 & Mueschke, Cypress, TX 77433
      View Details
    • Contact for pricing

      Land For Sale Cypress, TX

      Land available for sale in Cypress, Texas.
      17448 Bauer Rd, Cypress, TX 77433
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      18431 Kz Rd, Cypress, TX 77433

      Commercial land
      18431 Kz Rd, Cypress, TX 77433
      View Details
    • Contact for pricing

      Land Parcel on Barker Cypress

      Land for sale on Barker Cypress Road near West Road.
      Barker Cypress Rd, Cypress, TX 77433
      View Details
    • Contact for pricing

      Retail, Restaurant, and Office Spaces

      Available for rent: retail, restaurant, and office spaces.
      15103 Mason Rd, Houston, TX 77433
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail property available for lease in Houston, Texas.
      16332 Fm 529 Rd, Houston, TX 77433
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, featuring 1,500 square feet.
      20319 Road Way, Houston, TX 77433
      View Details
    • 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
    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.
    and FM 529 Greenhouse 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
    and FM 529 Greenhouse 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!