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    Property profile & analytics

    1525 Lk Frnt Cir Spring, TX 77380-3662

    • Banks
    • 15,597 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimations
    $940,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2377700
    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

    • Banks

    Property Details for 1525 Lk Frnt Cir

    Year built
    1999
    Construction
    FRAME
    Lot size
    2.00 lot acres
    Property size
    15,597 SF
    Zone code
    6
    Property type
    Banks
    APN
    9721-10-00210
    APU
    97211000210

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $945,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $819,000
      Market price range: $820k - $1.18M

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Montgomery
    State
    Texas
    Longitude
    -95.462
    Latitude
    30.1702
    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
    2024
    $52,808
    $3,049,200
    $46,791
    $3,095,991
    -
    $3,049,200
    $46,791
    $3,095,991

    Comparable in this City

    • Value Estimation
      $530,000
      14,110 SF

      25915 Interstate 45

      RETAIL STORES (PERSONAL SERVICES) • 14,110 SF
      25915 Interstate 45, Spring, TX 77380-3649
      View Details
    • Value Estimation
      $905,000
      52,808 SF

      127 Sawdust Rd

      RETAIL STORES (PERSONAL SERVICES) • 52,808 SF
      127 Sawdust Rd, Spring, TX 77380-2267
      View Details
    • Value Estimation
      $260,000
      6,470 SF

      3130 Sawdust Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,470 SF
      3130 Sawdust Rd, Spring, TX 77380-2602
      View Details
    • Value Estimation by Request

      1800 Lake Woodlands Dr

      Individual retail properties
      1800 Lake Woodlands Dr, The Woodlands, TX 77380
      View Details
    • Value Estimation
      $755,000
      13,301 SF

      1201 Lk Woodlands Dr

      RETAIL STORES (PERSONAL SERVICES) • 13,301 SF
      1201 Lk Woodlands Dr, The Woodlands, TX 77380-5000
      View Details
    • Value Estimation
      $995,000
      99,726 SF

      9300 Lk Woodlands Dr

      RETAIL STORES (PERSONAL SERVICES) • 99,726 SF
      9300 Lk Woodlands Dr, The Woodlands, TX 77380
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,216 SF

      Spring Investment Opportunity

      Four income-producing properties near The Woodlands, Texas.
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      Prime Spring, TX Retail Land, Two Pads Available
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    • $4,000,000
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      Prime Spring Shopping Center

      High-Yield Retail Investment, 100% Occupied
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      Prime Retail-Ready Pad Site

      High-traffic location with I-45 frontage in rapidly growing area.
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    • $249,000

      Waterfront Acreage in Timber Lake

      One-acre waterfront property suitable for development or investment.
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    • $2,300,000
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      Live/Work Location in The Woodlands

      Two-story office building and warehouse near The Woodlands.
      1231 Pruitt Rd, Spring, TX 77380
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    Similar Nearby for Lease

    • $24 SF/Yr
      1,503 SF

      Woodlands Fitness Center Space

      1503 sq ft Retail Space Available
      1800 Lake Woodlands Dr, The Woodlands, TX 77380
      View Details
    • Contact for pricing
      10,120 SF

      The Woodlands Retail Space Available

      Retail suites available in The Woodlands, Texas.
      2230-2260 Switchbud Pl, The Woodlands, TX 77380
      View Details
    • $12 SF/Yr
      660 SF

      Versatile Space on Interstate 45

      Multi-use property with office, retail, and medical space available.
      26103 Interstate 45, Spring, TX 77380
      View Details
    • $4,000,000
      1,800 SF

      High-Visibility Retail/Office Space Available

      Prime location near I-45 in Spring/The Woodlands area.
      26333 Interstate 45 N, Spring, TX 77380
      View Details
    • Contact for pricing
      34,017 SF

      Sawdust Center Retail Space for Lease

      Spring, TX Retail Center - High Traffic Area
      525 Sawdust Rd, Spring, TX 77380
      View Details
    • $34 SF/Yr
      5,200 SF

      Woodpark Shopping Center Retail Space

      Spring, TX retail space available. High traffic, strong anchors.
      25415 Interstate 45, Spring, TX 77380
      View Details
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    1525 Lk Frnt Cir
    Spring, TX 77380-3662
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    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
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