17824 Mound Rd Cypress, TX 77433
This exceptional 750-square-foot office condominium unit, located in Cypress, Texas, presents a turnkey opportunity for owner-users. Built in 2023, Unit D boasts a modern, sleek design with high-end finishes throughout, including three private rooms, a reception area, kitchenette, laundry, and an ADA-compliant restroom. The end-cap location at 17824 Mound Rd offers high visibility and accessibility, benefiting from heavy traffic flow and a high-income demographic area. Ideal for various professional uses, including insurance, real estate, legal practices, or a lash studio (no hair or nail salons permitted). The property features convenient front door parking, ample visitor parking, and ADA-compliant sidewalks. A property management company handles common area maintenance, landscaping, signage, security, and exterior upkeep. A community conference room is available for use with reservations. The asking price is $275,000, but the owner may consider leasing at $2,000 per month gross, for a 3-5 year term. Tenant is responsible for utilities and interior repairs. Occupancy is available September 23, 2024. The property's APN is 1415880020004.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.