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Property profile & analytics
OFF-MARKET Estimated value $725,000
Strip malls

16215 Stuebner Airline Rd Spring, TX 77379-7325

20,280 SF 4.67 ac lot Built 2016
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-0975085
Property summary
AI-generated overview

This exceptional single-story retail center, built in 2017, offers 8,400 square feet of commercial space situated on a 4-acre lot in Spring, Texas, at 16215 Stuebner Airline Rd, zip code 77379. The property features three suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 4,800 square feet currently available. The building boasts ample parking for customer convenience. The zoning is commercial. Currently, 4,800 square feet is vacant, presenting a significant opportunity for a variety of retail businesses. The property's previous tenant was a pharmacy, making it ideally suited for similar uses such as a nail salon, cell phone store, or boutique. A strong anchor tenant, La Michoacana Meat Market, is already established in the center, providing excellent synergy and foot traffic. The property is located in a thriving commercial area, offering high visibility and accessibility. This is a rare opportunity to secure a well-located, modern retail space in a high-growth market. The property is zoned for commercial use and offers a single building with one story. There are no elevators. This is an excellent opportunity for a business seeking a prime location in Spring, Texas.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2016
Construction BRICK
Total area 20,280 SF
Lot 4.67 ac (203,403 SF)
APN 440420000230
UPID US82-0975085
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
  • La Michoacana Meat Market Take-out & Catering Butcher
  • Lmmm Houston 65, Ltd. 65 University
  • La Medizona Pharmacy Pharmacy
  • & LIQUOR STORE 2 (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Latinoamericana Medical Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$970k
CAP Approach CAP
by Request
Comparable Approach Comparable
$485k
Blend (final) Blend
$725k
Owner & transaction history
Cofradia Properties 2 Ltd · 7 yrs held
Cofradia Properties 2 Ltd
since 2018
3 recorded transactions
2018
Price N/A
2018
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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