Technical
Financial
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Property profile

12361 Barker Cypress Rd Cypress, TX 77429

FOR LEASE
Strip malls
Property ID
US82-9783585
18,437 SF 1.65 ac lot Built 2007
Individually Owned 15-yr Hold Absentee Owner Free & Clear
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12361 Barker Cypress Rd, Cypress, TX 77429 For Lease
Contact for pricing 1,900 SF available
12361 Barker Cypress Rd, Cypress, TX 77429
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Property summary

AI-generated overview

This exceptional 1,900 square foot retail space, previously used as an optical store, is ideally situated in the thriving Red Cypress Shopping Center in Cypress, TX. Located conveniently off Highway 290 and Barker Cypress Road, this second-generation space offers immediate occupancy in January 2025. The center boasts a strong anchor tenant lineup, including H-E-B and At Home, generating an impressive 3.5 million annual visits. This high foot traffic ensures significant exposure for your business. The property is surrounded by a substantial population base, with 253,643 residents within a five-mile radius, according to Placer.ai visitor data. This demographic provides a large potential customer pool for your business. The space is perfect for a variety of uses, including medical offices or other retail businesses seeking a high-visibility location in a well-established shopping center. The property is ready for immediate occupancy, allowing for a quick and efficient start to your business operations. This is a rare opportunity to secure a prime retail space in a high-demand location. Don't miss out on this chance to establish your business in a thriving community.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction CONCRETE BLOCKS
Total area 18,437 SF
Lot 1.65 ac (71,822 SF)
APN 1275360010007
UPID US82-9783585

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
  • Medical Clinic
  • Cafe & Coffee Shop
  • Physician
  • Financial Advisor
  • Postal Service Courier Service

Location

12361 Barker Cypress Rd Cypress, TX 77429
Cypress metro Census 552200 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
$481k
Blend (final) Blend
$620k

Owner & transaction history

since 2011
1 recorded transaction
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $945,000 +97.1%
Medical building $930,000 +93.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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