Add Listing
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

    17835 Grant Rd Cypress, TX 77429-7124

    • Grocery and convenience stores
    • 3,028 SF
    • 2.00 lot acres
    OFF-MARKET
    Last Sale
    Aug 01, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3360209
    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

    • Agamys Agency - Cypress TX / Insurance Agency
    • Don Tomate Meat Market and More - Cypress TX / Grocery & Convenience Store / Specialty Food Shop

    Property Details for 17835 Grant Rd

    Year built
    1983
    Construction
    METAL FRAME
    Lot size
    2.00 lot acres
    Property size
    3,028 SF
    Property type
    Grocery and convenience stores
    APN
    480030000100
    APU
    480030000100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.6948
    Latitude
    30.0239
    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
    2022
    $6,714
    $522,720
    $447,180
    $969,900
    -
    $522,720
    $447,180
    $969,900

    Comparable in this City

    • Value Estimation
      $845,000
      47,946 SF

      13819 Cypress N Houston Rd

      GROCERY, SUPERMARKET • 47,946 SF
      13819 Cypress N Houston Rd, Cypress, TX 77429-3250
      View Details
    • Value Estimation by Request
      2,358 SF

      16150 Spg Cypress Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 2,358 SF
      16150 Spg Cypress Rd, Cypress, TX 77429-1718
      View Details
    • Value Estimation by Request
      4,000 SF

      13831 Huffmeister Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 4,000 SF
      13831 Huffmeister Rd, Cypress, TX 77429-2350
      View Details
    • Value Estimation by Request
      5,733 SF

      16714 Huffmeister Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 5,733 SF
      16714 Huffmeister Rd, Cypress, TX 77429-1663
      View Details
    • Value Estimation
      $1,510,000
      74,892 SF

      13135 Louetta Rd

      GROCERY, SUPERMARKET • 74,892 SF
      13135 Louetta Rd, Cypress, TX 77429-5155
      View Details
    • Value Estimation by Request
      6,700 SF

      18002 Huffmeister Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 6,700 SF
      18002 Huffmeister Rd, Cypress, TX 77429-6404
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,830 SF

      Cypress Shopping Center Investment

      9,830 SF Retail Space, High Traffic Area
      12910 Malcomson Rd, Cypress, TX 77429
      View Details
    • $5,200,000
      1.23 Acres

      Space City Car Wash Express

      Car wash business with express tunnel and detailing services.
      17955 Huffmeister Rd, Cypress, TX 77429
      View Details
    • $1,450,000

      Cypress Commercial Development Opportunity

      4.40 acre commercial land for retail or ground lease.
      16602 Cypress Rosehill Rd, Cypress, TX 77429
      View Details
    • $980,000

      Commercial Land in Cypress, TX

      1.95 acre commercial development opportunity in Cypress, TX.
      14950 Cypress North Houston Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      9,040 SF

      Retail Property in Cypress, Texas

      Retail property with 9,040 square feet of space.
      13703 Cedar Point Dr, Cypress, TX 77429
      View Details
    • $3,350,000
      117,725 SF

      Cypress Auto Dealership - Hwy 290 Frontage

      High-traffic location, large auto facility.
      22226 Northwest Fwy, Cypress, TX 77429
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      10,000 SF

      Cypress Retail Center Space Available

      Multi-tenant retail center with suites available for lease.
      12212 Cypress North Houston Rd, Cypress, TX 77429
      View Details
    • $2.00 SF/Yr
      1,200 SF

      Cypress Retail Space For Lease

      Prime commercial space in Cypress, TX, with high visibility.
      17938 Grant Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      2,480 SF

      Retail Space in Cypress, Texas

      Retail space available for lease in Cypress, Texas.
      12010 Louetta Rd, Cypress, TX 77429
      View Details
    • $35 SF/Yr
      2,744 SF

      Retail Space Available For Lease

      Retail space available for lease with 2744 square feet.
      24324 Northwest Fwy, Houston, TX 77429
      View Details
    • Contact for pricing
      3,250 SF

      Retail Space in Cypress, Texas

      3,250 SF retail space available for lease.
      15014 Spring Cypress Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      2,839 SF

      Restaurant/Retail Space on Huffmeister Road

      Restaurant or retail space with high visibility and ample parking.
      11265 Huffmeister 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.
    17835 Grant Rd
    Cypress, TX 77429-7124
    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.
    Sign Up Successful!
    You now have access to more from Realmo!