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Property profile & analytics

18750 Interstate 45 Spring, TX 77373-5302

  • Retail space
  • 48,352 SF
  • 11.83 lot acres
OFF-MARKET
Value Estimations
$5,115,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-5890582
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

  • Experiential Homes / Real Estate Agency

Property Details for 18750 Interstate 45

Year built
2011
Construction
STEEL FRAME
Lot size
11.83 lot acres
Property size
48,352 SF
Property type
Retail space
APN
1333170010001
APU
1333170010001

Description

This exceptional 99,351-square-foot mixed-use property in Spring, Texas, presents a compelling investment opportunity. Strategically located on Interstate 45, it enjoys high visibility to nearly 271,000 vehicles daily. The 12.41-acre site houses a 44,019-square-foot, two-story Class A office building constructed in 2011, along with eleven single-family residential model homes, an event hall, a cooking school, and a substantial warehouse. The property offers 258 surface parking spaces, providing a 5.68/1,000 SF parking ratio. Its prime location between Houston and The Woodlands, Texas, offers easy access to major thoroughfares including Interstate 45, FM 1960, the Grand Parkway, and the Hardy Toll Road. Proximity to George Bush Intercontinental Airport, The Woodlands, and downtown Houston further enhances its appeal. The property boasts a large, two-sided electronic LED sign, ensuring prominent visibility. The expansive meeting space accommodates 240+ attendees, complemented by a 1,000kW diesel backup generator and private fiber internet lines. High-quality finishes and multiple breakrooms are featured throughout. The property's location in a rapidly growing area, with over 262,969 residents within a five-mile radius, and its proximity to major employers like ExxonMobil and HP Enterprises, makes it ideal for a variety of uses. An additional 28 acres are available for expansion. The property's features and location make it suitable for medical, insurance, inpatient/outpatient rehabilitation facilities, corporate offices, housing, or hospitals, given its proximity to several major healthcare providers. This is a rare opportunity to acquire a fee-simple interest in a thriving mixed-use center.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $5,837,000
    Market price range: $1.71M - $5.84M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $4,005,000
    Current use
    COMMERCIAL (GENERAL)
    $8,025,000
    Change: +100% Conversion: Easy
    RESTAURANT
    $3,825,000
    Change: -5% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Spring
County
Harris
State
Texas
Longitude
-95.4265
Latitude
30.0393
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
$106,801
$2,133,836
$8,965,101
$11,098,937
-
$2,133,836
$8,965,101
$11,098,937
More about this property
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