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

    1828 Holzwarth Rd Spring, TX 77388

    • Commercial real estate
    • 5.92 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9835999
    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

    • Commercial real estate

    Property Details for 1828 Holzwarth Rd

    Lot size
    5.92 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 5.92-acre commercial land parcel in Spring, Texas, presents a remarkable investment opportunity. Boasting 625 feet of road frontage on Holzwarth Road, this property enjoys exceptional visibility and accessibility. Its strategic location near the intersection of Spring Stuebner Road and Holzwarth Road provides convenient access to major thoroughfares including I-45, Hwy 99/Grand Parkway, FM 2920, and the Hardy Toll Road. The site is situated approximately 0.03 miles south of City Place Village, a thriving 2,000-acre master-planned community home to major employers such as ExxonMobil (with over 10,000 employees), SWN, HP Enterprise, HP Inc, and the American Bureau of Shipping (ABS), along with numerous national retail brands. The property's proximity to this established community ensures high traffic volume and strong potential for commercial development. Furthermore, its location near existing and developing medical facilities adds to its appeal. The property is also conveniently located near The Woodlands, TX. This prime location, combined with its significant size and road frontage, makes this land ideal for a variety of commercial ventures. Detailed aerial photography and drone video are available for review. The asking price for this exceptional property is $2,800,000. The property is located in Harris County, Texas, with a zip code of 77388.

    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
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.450313906394
    Latitude
    30.07691848554

    Comparable in this City

    • $4,410,450
      6.75 Acres

      North Freeway Commercial Land

      6.75 Acres, High Visibility, $4.4M
      I-45 & Cypress Oaks Dr, Spring, TX 77388
      View Details
    • Contact for pricing
      2 SF

      2 Acre Commercial Land Available

      2 acres of commercial land with high traffic and utilities.
      Louetta Rd & Ella Blvd, Spring, TX 77388
      View Details
    • $650,000

      Prime Acres on Cypresswood Drive

      1.78 acres on Cypresswood Drive in Spring, TX.
      2519 Cypresswood Dr, Spring, TX 77388
      View Details
    • $3,000,000

      Land on FM2920 in Spring

      Almost 7 acres on FM2920, prime location for development.
      4100 Fm 2920 Rd, Spring, TX 77388
      View Details
    • $995,000
      1,746 SF

      Versatile Property with Multiple Structures

      2.5-acre property featuring a home, workshop, mobile home, and more.
      19617 Haude Rd, Spring, TX 77388
      View Details
    • Contact for pricing

      Louetta Road Commercial Land

      ±4.5 Acres, Unrestricted, High Traffic
      2303 Louetta Rd, Spring, TX 77388
      View Details

    Similar Nearby for Sale

    • $4,410,450
      6.75 Acres

      North Freeway Commercial Land

      6.75 Acres, High Visibility, $4.4M
      I-45 & Cypress Oaks Dr, Spring, TX 77388
      View Details
    • Contact for pricing
      2 SF

      2 Acre Commercial Land Available

      2 acres of commercial land with high traffic and utilities.
      Louetta Rd & Ella Blvd, Spring, TX 77388
      View Details
    • $650,000

      Prime Acres on Cypresswood Drive

      1.78 acres on Cypresswood Drive in Spring, TX.
      2519 Cypresswood Dr, Spring, TX 77388
      View Details
    • $3,000,000

      Land on FM2920 in Spring

      Almost 7 acres on FM2920, prime location for development.
      4100 Fm 2920 Rd, Spring, TX 77388
      View Details
    • $995,000
      1,746 SF

      Versatile Property with Multiple Structures

      2.5-acre property featuring a home, workshop, mobile home, and more.
      19617 Haude Rd, Spring, TX 77388
      View Details
    • Contact for pricing

      Louetta Road Commercial Land

      ±4.5 Acres, Unrestricted, High Traffic
      2303 Louetta Rd, Spring, TX 77388
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land Near Hardy Toll

      Land with quick access to major roadways, utilities in progress.
      Cypresswood Dr, Spring, TX 77388
      View Details
    • $17 SF/Yr
      261,360 SF

      Spring Cypress Commercial Land

      6-Acre Tract, High-Growth Area
      0 Swc Of Kuykendahl Rd & Spg Cypress Rd, Spring, TX 77388
      View Details
    • Contact for pricing
      10,240 SF

      Pines of Louetta Retail Center

      Spring, TX Retail Space Available
      1600 Louetta Rd, Spring, TX 77388
      View Details
    • Contact for pricing
      8,570 SF

      Executive Suites in Spring, TX

      Prime Office Space Available Now
      21755 I-45, Spring, TX 77388
      View Details
    • $12 SF/Yr
      61,819 SF

      Spring Warehouse: 6 Units Available

      Versatile warehouse space near I-45.
      2530 Old Louetta Loop, Spring, TX 77388
      View Details
    • $22 SF/Yr
      20,473 SF

      Medical Office Building for Sale

      Modern medical office, one suite available.
      2940 Farm To Market 2920, Spring, TX 77388
      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.
    1828 Holzwarth Rd
    Spring, TX 77388
    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!