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    Property profile & analytics

    18020 Fm 529th Rd Cypress, TX 77433-1168

    • Outlet malls
    • 19,070 SF
    • 1.55 lot acres
    OFF-MARKET
    Value Estimations
    $500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9268640
    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

    • Brooks Place BBBQ Catering / Take-out & Catering / Catering Service
    • Greater Houston Sharpening @ Langham Creek ACE Hardware / Sharpening Service / Saw Sharpening Service
    • Langham Creek Ace Hardware / Building Supply / Hardware & Home Improvement
    • Fireworks Cheaper / Discount Store / Party Supply Store
    • Fireworks Cheaper #1 / Discount Store / Party Supply Store

    Property Details for 18020 Fm 529th Rd

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    1.55 lot acres
    Property size
    19,070 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    1199430010007
    APU
    1199430010007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $575,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $430,000
      Market price range: $430k - $877k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $645,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.6844
    Latitude
    29.8822
    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
    $12,415
    $674,480
    $1,120,523
    $1,795,003
    -
    $674,480
    $1,120,523
    $1,795,003

    Comparable in this City

    • Value Estimation
      $2,300,000
      162,990 SF

      26960 Hempstead Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 162,990 SF
      26960 Hempstead Rd, Cypress, TX 77433-7965
      View Details
    • Value Estimation
      $1,445,000
      76,459 SF

      28616 Hwy 290

      WHOLESALE OUTLET, DISCOUNT STORE • 76,459 SF
      28616 Hwy 290, Cypress, TX 77433-4290
      View Details
    • Value Estimation
      $1,530,000
      88,265 SF

      7150 Barker Cypress Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 88,265 SF
      7150 Barker Cypress Rd, Cypress, TX 77433-1380
      View Details
    • Value Estimation
      $1,130,000
      46,622 SF

      29060 Hwy 290

      WHOLESALE OUTLET, DISCOUNT STORE • 46,622 SF
      29060 Hwy 290, Cypress, TX 77433-4266
      View Details
    • Value Estimation
      $710,000
      20,575 SF

      27140 Hwy 290

      WHOLESALE OUTLET, DISCOUNT STORE • 20,575 SF
      27140 Hwy 290, Cypress, TX 77433
      View Details
    • Value Estimation
      $1,300,000
      26,175 SF

      22165 Fm 529th Rr

      WHOLESALE OUTLET, DISCOUNT STORE • 26,175 SF
      22165 Fm 529th Rr, Cypress, TX 77433
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,369 SF

      10,369 SF Shopping Center

      Shopping center for sale or lease in rapidly growing area.
      Mueschke Rd And Schiel Rd, Cypress, TX 77433
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      10,000 SF

      Cypress Commercial Building with Storage

      10,000 SF metal building with climate-controlled space and storage.
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      Prime Frontage Road Access Land

      2.08 acres with Grand Parkway frontage near Hwy 290.
      30502 Coco St, Cypress, TX 77433
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      10,392 SF

      High-Visibility Retail Center Investment Opportunity

      Fully occupied retail center in Cypress, Texas, with diversified tenants.
      18039 Fm 529 Rd, Houston, TX 77433
      View Details
    • Contact for pricing

      FM 529 Corner Land

      High-traffic corner lot suitable for retail, storage, or medical.
      19219 Fm 529 Rd, Cypress, TX 77433
      View Details
    • $3,600,000
      6,216 SF

      Turnkey Auto Repair Shop Cypress

      Turnkey auto repair shop on 1.04 AC in Cypress, TX.
      20203 Fm 529 Rd, Cypress, TX 77433
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Lakeland Village Retail Space

      Retail space for lease in Cypress, Texas shopping center.
      10533 Fry Rd, Cypress, TX 77433
      View Details
    • $35 SF/Yr
      800 SF

      Retail Space in Growing Area

      800 SF retail space available in a rapidly growing area.
      13203 Fry Rd, Cypress, TX 77433
      View Details
    • Contact for pricing

      Multifunctional Property in Active Submarket

      Lease a versatile property in a growing Cypress commercial area.
      16834 House Hahl Rd, Cypress, TX 77433
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Cypress, Texas.
      20440 Fm 529 Rd, Cypress, TX 77433
      View Details
    • Contact for pricing

      Retail Space with Patio

      End cap retail space with patio, high-traffic location.
      21910 West Rd, Cypress, TX 77433
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail property available for lease in Houston, Texas.
      16332 Fm 529 Rd, Houston, TX 77433
      View Details
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    Cypress, TX 77433-1168
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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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