18750 Interstate 45 Spring, TX 77373-5302
- Retail space
- 48,352 SF
- 11.83 lot acres
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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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
