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    OFF-MARKET
    Distribution centers

    1603 Rayford Rd, Spring, TX 77386

    5,780 SF
    Entity Owned 7-yr Hold
    Property ID
    US83-2587139
    Property summary
    AI-generated overview

    This exceptional 5,780-square-foot property, located at 1603 Rayford Rd., Spring, TX 77386, offers a unique blend of office and warehouse space ideal for a variety of businesses. Situated near the intersection of Rayford Road and E. Geneva Dr., this single-tenant building provides convenient access to major thoroughfares, including I-45 and the Grand Parkway, ensuring seamless transportation and logistics. The property features a single story layout, encompassing a total of 5,780 square feet of entirely vacant space, ready for immediate occupancy. The flexible space is suitable for businesses requiring both office and warehouse functionality, offering a practical solution for diverse operational needs. The property is classified as both Traditional Office and Warehouse space, catering to a broad range of potential tenants. For businesses seeking long-term commitment, the owner is open to negotiating a long-term land lease, presenting an opportunity to customize the property further, potentially including the addition of structures such as a coffee kiosk, subject to approvals and agreements. The asking lease rate is $13 per square foot, plus NNN charges. This prime location and versatile space represent a compelling opportunity for businesses seeking a strategic foothold in the thriving Spring, Texas market.

    Property profile
    Verified
    Property type Distribution centers
    Total area 5,780 SF
    UPID US83-2587139
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Texas Equity Ventures LLC · 7 yrs held
    Texas Equity Ventures LLC
    since 2018
    2 recorded transactions
    2019
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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