Entity Owned Property summary
AI-generated overview
The property consists of retail and flex suites with sizes approximately ranging from 680 to 10,480 square feet. It was built with modern construction and includes versatile floor plans, tall ceilings, and glass storefronts. Suites have access suitable for both customers and deliveries, supported by ample surface parking. The building is positioned along Spring Cypress Road with documented traffic exposure of approximately 33,110 vehicles per day (TxDOT, 2020). The site is surrounded by residential areas and established commercial developments and is located a short drive from SH-249, Grand Parkway (99), and FM 2920. The space is configured to support a range of uses, including retail, contractor services, and service-company or local-operator occupancy.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2015
Construction
FRAME
Total area
21,648 SF
Lot
1.94 ac (84,350 SF)
APN
1415570010001
UPID
US82-7392330
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Barber Shop
-
Medical Clinic
-
(Bike/Boat/Book/etc) Store Printing Service
-
Courier Service Postal Service
-
(Bike/Boat/Book/etc) Store Printing Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$790k
Owner & transaction history
since 2025
1 recorded transaction
Zoning & alternative use
Top alternative use upside
Warehouse, storage
$1.3M
+81.7%
Apartment house (5+ units)
$1.2M
+63.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$790k
Value range
$711k – $869k
±10% around blend
Estimated value / SF
$36 / SF
Confidence
Property data
63
Comparable evidence
60
$711k
blend $790k
$869k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
21,648 SF
Lot area
1.94 ac
Year built
2015
APN
1415570010001
Assessed value
$4,123,482
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$790k
Range $541k – $928k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$790k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+82%
vs current-use indication
Apartment House (5+ Units)
Neighborhood: Shopping Center · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.12M
Move the market yield to see immediate price impact.
Value / SF
$190
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$260k
$5.20M
$3.71M
$2.89M
$289k
$5.77M
$4.12M
$3.21M
$318k
$6.35M
$4.54M
$3.53M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$4,123,482
Assessed 2024
Previous assessed
$4,112,235
+0.3% YoY
Assessed land
$843,500
Assessed improvement
$3,279,982
Land market value
$843,500
Improvement market value
$3,279,982
Total market value
$4,123,482
Applied tax rate
26.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2015
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Total area
21,648 SF
Lot
1.94 ac (84,350 SF)
APN
1415570010001
UPID
US82-7392330
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
1.94 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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