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    OFF-MARKET
    Retail properties & Spaces

    0 Nwc Of Cypress Oaks Dr & Randal Way, Spring, TX 77388

    7.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.22-acre commercial property, located at the northwest corner of Cypress Oaks Drive and Randal Way in Spring, Texas (Harris County, zip code 77388), presents a compelling investment opportunity. Priced at $2,516,025 ($8/sq ft), this "shovel-ready" site boasts a highly visible and accessible location, ideal for retail and industrial development. The property offers approximately 1990 feet of frontage on Cypress Oaks Drive and approximately 570 feet of frontage on Randal Way, ensuring significant street presence. Its strategic location provides less than 1,500 feet of proximity to the I-45 intersection, guaranteeing convenient freeway access for customers and employees. Situated within the highly-rated Klein ISD, this property benefits from a strong local community and excellent schools. Utilities are readily available through HC WCID 110, and off-site detention is already in place, simplifying the development process. This is a rare opportunity to acquire a well-positioned, fully-prepared commercial lot in a thriving Texas market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 7.22 ac (314,503 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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