Technical
Financial
Distress signals
Property profile

17810 Spring Creek Forest Dr Spring, TX 77379

FOR LEASE
Day care centers
Property ID
US82-1042488
16,124 SF 5 ac lot Built 1986
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 14,746-square-foot facility in Spring, Texas (77379), presents a unique investment opportunity. Located at 17810 Spring Creek Forest Dr, near Rosebrook Ln, this single-tenant property sits on approximately five acres of land and boasts approximately 150 parking spaces. Previously used as an ABA Autism Therapy Center, the building features high ceilings, spacious classrooms, and a large covered porte cochere. The property also includes a substantial playground within its fenced, park-like backyard. Its prime location offers significant advantages, being adjacent to Ehrhardt Elementary School within the Klein Independent School District, and surrounded by district property on three sides. The versatile design makes it suitable for various uses, including national franchises, charter schools, educational programs, trade schools, and other special-purpose ventures. The property's APN is 1215100010001. This exceptional property offers a rare combination of size, location, and amenities, making it an ideal investment for a discerning buyer. The building is currently vacant.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1986
Construction CONCRETE BLOCKS
Total area 16,124 SF
Lot 5 ac (217,844 SF)
APN 1215100010001
UPID US82-1042488

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
  • High School
  • Physician

Location

17810 Spring Creek Forest Dr Spring, TX 77379
Spring metro Census 553803 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$556k
Blend (final) Blend
$555k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2010
Price N/A
2010
Price N/A
2008
Price N/A
1969
Price N/A

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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