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Property profile & analytics
OFF-MARKET Estimated value $635,000
Strip malls

11930 Barker Cypress Rd Cypress, TX 77433-7350

16,162 SF 1.64 ac lot Built 2017
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US83-0719559
Property summary
AI-generated overview

This exceptional 1,454 square foot retail space is available for lease in a vibrant, Class B shopping center built in 2018. Located at the highly visible southeast corner of Highway 290 and Barker Cypress Road, this second-generation space benefits from exceptional visibility and easy access. The center boasts a total of 15,385 square feet and 1528 suites, anchored by several popular national and regional tenants, ensuring a strong and established customer base. The property enjoys a strategic location within a densely populated area, with over 255,220 residents within a 5-mile radius, indicating significant potential for customer traffic. Highway 290 and Barker Cypress Road experience a combined daily vehicle count of 172,600, guaranteeing high visibility and accessibility for your business. The property offers 116 parking spaces for customer convenience, although elevators are not available. This space presents a unique opportunity to establish or expand your retail presence in a thriving commercial area with a proven track record of success. The 1,528 square feet of currently vacant space within the center provides ample opportunity for future growth and expansion within the complex. This location is surrounded by master-planned communities, further solidifying its position within a strong retail trade area extending over 10 miles.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2017
Construction STEEL & CONCRETE
Total area 16,162 SF
Lot 1.64 ac (71,643 SF)
APN 1385430010001
UPID US83-0719559
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Forever Diamonds Fine Custom Jewelry (Bike/Boat/Book/etc) Store
  • Thai Curry Restaurant Restaurant
  • We Fix It Phone Repair Computer & Electronic Repair Tech Support Center
  • Batteries Plus Auto Parts Store
  • FYZICAL Therapy & Balance Centers - Stone Gate Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
$545k
Blend (final) Blend
$635k
Owner & transaction history
Golden Center LLC · 7 yrs held
Golden Center LLC
since 2019
3 recorded transactions
2020
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.1M +102.0%
Auto repair, garage $915,000 +75.7%
Medical building $790,000 +52.4%
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