17840 Mound Rd Cypress, TX 77433
This exceptional Blackhorse Office Condominium offering presents nine individual suites within a newly constructed, single-story building totaling 7,596 square feet. Each turnkey unit boasts a private reception area, kitchenette, restroom, and individual offices, finished with designer-selected materials. The building features modern stucco and stone exterior finishes. Located near the intersection of Mound Rd and Fry Rd, with convenient access to US Hwy 290 and the Grand Parkway (99), this Class B property benefits from high traffic counts and proximity to affluent residential communities including Blackhorse Ranch, Cypress Creek Lakes, Cypress Oaks, Towne Lake, Bridgeland, and Miramesa. The property offers ample front-door parking and ADA-compliant sidewalks. Owners enjoy an all-inclusive package encompassing water, trash, landscaping, irrigation, and property management. A shared, furnished Community Conference Center, complete with a kitchenette and ADA-compliant restroom, is available for reservation. The surrounding area's demographics are highly favorable, with a significant portion of young, affluent families. In 2018, the area 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). This presents a unique opportunity to own a piece of a thriving commercial development in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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