28517 Spg Trl Rdg Spring, TX 77386
This exceptional two-building office complex, totaling 30,000 square feet, presents a unique investment opportunity. Situated on a 2.91-acre lot at the prominent corner of Riley Fuzzel Road and Spring Trails Ridge, the property boasts excellent visibility and accessibility. Built in 2015, this Class B complex features a mix of medical, professional, restaurant, and retail spaces, currently offering 9,122 square feet of vacant space across five available units ranging from 1,025 to 4,067 square feet. The property's strategic location benefits significantly from the new Grand Parkway expansion, providing convenient access for commuters traveling east of I-45 and west of Highway 59. This key location is further enhanced by its proximity to the new Exxon campus, adding to the substantial population growth in the area. Ample parking is provided with 124 spaces available across the two two-story buildings. The diverse tenant mix and prime location make this property an attractive investment for both short-term and long-term growth. The property's high visibility and convenient access to major roadways ensure strong tenant appeal and potential for increased occupancy. This is a rare opportunity to acquire a well-located, multi-tenant property in a rapidly growing 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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.