Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3710 Farm To Market 2920 Spring, TX 77388
    Back to Search
    Property profile & analytics

    3710 Farm To Market 2920, Spring, TX 77388

    View on Map
    • Retail properties & Spaces
    • 11,965 SF
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3710 Farm To Market 2920

    Year built
    2022
    Lot size
    1.00 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional Class A medical office building, completed in late 2022, offers 11,965 square feet of space in a single suite, divisible to a minimum of 1,200 square feet. Located at 3710 Farm to Market 2920, Spring, TX 77388, this property boasts excellent visibility and convenient access to I-45 and the Grand Parkway, ensuring high traffic and exposure. Situated on one acre of land, the building features ample parking with 45 spaces. The single-story building is ideal for a variety of medical practices, offering a modern and efficient layout. The property is located in a rapidly growing residential area of Harris County, promising strong potential for tenant occupancy and return on investment. The building is equipped to accommodate a single tenant or can be divided to suit multiple tenants. This is a rare opportunity to secure a brand-new, high-quality medical office space in a prime location. Don't miss out on this exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.4733
    Latitude
    30.0706

    Comparable in this City

    • Value Estimation by Request
      6.75 Acres

      I-45 & Cypress Oaks Dr

      Restaurants
      I-45 & Cypress Oaks Dr, Spring, TX 77388
      View Details
    • Value Estimation by Request

      5037B Farm To Market 2920

      Coworking space
      5037B Farm To Market 2920, Spring, TX 77388
      View Details
    • Value Estimation by Request
      4,750 SF

      21927 Gosling Rd

      Medical Office Space
      21927 Gosling Rd, Spring, TX 77388
      View Details
    • Value Estimation by Request
      30,000 SF

      2490 Farm To Market 2920

      Medical Office Space
      2490 Farm To Market 2920, Spring, TX 77388
      View Details
    • Value Estimation by Request
      20,473 SF

      2940 Farm To Market 2920

      Medical Office Space
      2940 Farm To Market 2920, Spring, TX 77388
      View Details
    • Value Estimation by Request
      20,473 SF

      2940 Farm To Market 2920

      Medical Office Space
      2940 Farm To Market 2920, Spring, TX 77388
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,587 SF

      Medical/Professional Building For Sale

      5,587 SF medical/professional building available for purchase.
      21927 Gosling Rd, Spring, TX 77388
      View Details
    • Contact for pricing
      8,817 SF

      Retail Property in Spring, Texas

      Retail property with 8,817 square feet of space.
      1815 Spring Cypress Rd, Spring, TX 77388
      View Details
    • Contact for pricing
      4,925 SF

      Industrial Building with Office Space

      4,925 SF industrial building with warehouse, office, and carport.
      19111 Applecrest Way, Spring, TX 77388
      View Details
    • Contact for pricing
      5,587 SF

      New Office Complex For Lease

      Professional office buildings available for sale or lease in Spring, TX.
      21919 Gosling Rd, Spring, TX 77388
      View Details
    • Contact for pricing

      High-Visibility Commercial Land Opportunity

      Prime location on FM 2920, ideal for diverse development.
      3907 Fm 2920 Rd, Spring, TX 77388
      View Details
    • Contact for pricing
      14,725 SF

      Office/Warehouse Buildings For Sale

      Two buildings totaling 14,725 SF on +/- 1.95 acres.
      2211 Louetta Rd, Spring, TX 77388
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,598 SF

      Class A Medical Office Building

      Premier medical office building in Spring, Texas, with high-end finishes.
      21848 Holzwarth Rd, Spring, TX 77388
      View Details
    • Contact for pricing

      Medical/Professional Building For Lease

      5,587 SF medical/professional building available for lease.
      21911 Gosling Rd, Spring, TX 77388
      View Details
    • Contact for pricing
      5,000 SF

      Professional Office Suites Available Soon

      Professional office suites available for rent in a two-story building.
      20615 Sleepy Hollow Ln, Spring, TX 77388
      View Details
    • Contact for pricing

      Medical & Professional Office Space

      Available office space in The Woodlands submarket.
      2490 Farm To Market 2920, Spring, TX 77388
      View Details
    • Contact for pricing

      Class A Medical Office Building

      Three-story medical office building in Spring, Texas, near major highways.
      21848 Holzwarth Rd, Spring, TX 77388
      View Details
    • Contact for pricing
      20,921 SF

      The Woodlands Office Space Available

      Medical and professional office space for lease in Spring, TX.
      2490 Fm 2920 Rd, Spring, TX 77388
      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.
    3710 Farm To Market 2920
    Spring, TX 77388
    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
    3710 Farm To Market 2920, Spring, TX, 77388
    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!