Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15046 Grant Rd Cypress, TX 77429

    • Warehouses
    • 4,200 SF
    • 4.00 lot acres
    For Sale
    View listing
    $3,500,000
    Value Estimations
    Cap Rate Potential
    9.6%
    Warehouses
    Location Intelligence
    Property ID
    US82-2673018
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Liquid Casing Inc / Liquidator

    Property Details for 15046 Grant Rd

    Year built
    1981
    Construction
    METAL FRAME
    Lot size
    4.00 lot acres
    Property size
    4,200 SF
    Property type
    Warehouses
    APN
    420610000001
    APU
    420610000001

    Description

    This exceptional Cypress, Texas industrial property at 15046 Grant Road offers a total of 52,600 square feet of versatile space, ideal for manufacturing, warehousing, or distribution. Currently, 48,400 square feet are available, divisible into units as small as 4,500 square feet, with a maximum contiguous space of 48,400 square feet. The property features five buildings situated on four acres of land, all single-story structures. High ceilings range from 14 to 31 feet, providing ample vertical space. Loading capabilities are robust, with three dock-high doors and six drive-in doors. The property boasts substantial three-phase power exceeding 1000 amps, ensuring sufficient capacity for energy-intensive operations. The property is located in Harris County, Texas, with easy access via Grant Road and is fully fenced for enhanced security. This is a rare opportunity to secure a significant industrial space in a prime location with excellent infrastructure. The property's size and features make it suitable for a variety of industrial uses, offering flexibility for businesses of all sizes. The ample power supply and multiple loading options are key advantages for efficient operations.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $455,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $730,000
      6.5%
      $675,000
      7%
      $625,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $334,000
      Market price range: $145k - $334k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $555,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.6447
    Latitude
    30.02
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,037
    $348,480
    $2,358,043
    $2,706,523
    -
    $348,480
    $2,358,043
    $2,706,523

    Comparable in this City

    • Value Estimation by Request
      69,415 SF

      17944-17960 Cypress Rosehill Rd

      Distribution properties • 69,415 SF
      17944-17960 Cypress Rosehill Rd, Cypress, TX 77429
      View Details
    • Value Estimation by Request
      6,000 SF

      16922 Telge Rd

      Distribution properties • 6,000 SF
      16922 Telge Rd, Cypress, TX 77429
      View Details
    • Value Estimation
      $485,000
      7,500 SF

      12415 Woodworth Dr

      WAREHOUSE, STORAGE • 7,500 SF
      12415 Woodworth Dr, Cypress, TX 77429-5087
      View Details
    • Value Estimation
      $405,000
      10,500 SF

      14820 Cypress N Houston Rd

      MINI-WAREHOUSE, STORAGE • 10,500 SF
      14820 Cypress N Houston Rd, Cypress, TX 77429-3318
      View Details
    • Value Estimation
      $265,000
      8,000 SF

      13610 Cypress N Houston Rd

      MINI-WAREHOUSE, STORAGE • 8,000 SF
      13610 Cypress N Houston Rd, Cypress, TX 77429-3248
      View Details
    • Value Estimation by Request
      6,000 SF

      15751 Cypress Rosehill Rd

      WAREHOUSE, STORAGE • 6,000 SF
      15751 Cypress Rosehill Rd, Cypress, TX 77429-7812
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,680 SF

      Cypress Warehouse Space For Sale/Lease

      Modern warehouse space, flexible sizes, immediate occupancy.
      17977 Shaw Rd, Cypress, TX 77429
      View Details
    • $1,122,300
      5,075 SF

      Multi-Tenant Buildings in Business Park

      Three fully leased buildings in a professional business park setting.
      17946 Cypress Rosehill Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      30,000 SF

      Cypress Warehouse: 30,000 SF

      Prime industrial warehouse, excellent location.
      18635 Telge Rd, Cypress, TX 77429
      View Details
    • $1,013,400
      5,600 SF

      Multi-Tenant Buildings in Business Park

      Fully leased, new construction flex/industrial buildings in Cypress, Texas.
      17944 Cypress Rosehill Rd, Cypress, TX 77429
      View Details
    • $3,750,000

      Cypress Warehouse with Renovated Showroom

      8,503 SF warehouse with showroom on 3.4 acres.
      23738 Northwest Fwy, Cypress, TX 77429
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Facility with Office/Warehouse

      Office/warehouse with stabilized yard and expansion potential in growing corridor.
      14725 Boudreaux Rd, Cypress, TX 77429
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Cypress Industrial Space For Lease

      6,000 SF Manufacturing/Warehouse
      16922 Telge Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      69,415 SF

      Cypress Executive Office & Warehouse

      Multiple suites, flexible space, prime location.
      17944-17960 Cypress Rosehill Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      6,000 SF

      Grant Road Industrial Space For Lease

      6,000 SF Manufacturing/Warehouse in Cypress, TX
      17803 Grant Rd, Cypress, TX 77429
      View Details
    • $16 SF/Yr
      7,700 SF

      Cypress Area Industrial/Office Warehouse

      Industrial/office warehouse near Telge and Jarvis Road in Cypress.
      12726 Cypress Valley Rd, Cypress, TX 77429
      View Details
    • $1.35 SF/Yr
      8,400 SF

      Cypress Rosehill Office/Warehouse Space

      Modern 8,400 SF Office & Warehouse
      17956 Cypress Rosehill Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      6,750 SF

      Cypress Warehouse with Office Space

      6,750 SF warehouse with office, dock-well, and grade-level door.
      17765-17777 Grant Rd, Cypress, TX 77429
      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.
    15046 Grant Rd
    Cypress, TX 77429
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.