Property profile

19111 Applecrest Way Spring, TX 77388

FOR SALE
Warehouses
Property ID
US82-0869526
5,700 SF 0.33 ac lot Built 2010
Individually Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,925-square-foot warehouse, situated on a 0.33-acre lot in Spring, Texas, presents a compelling investment opportunity. Built in 2009 and renovated in 2019, this single-story building boasts four dock-high doors, providing efficient loading and unloading capabilities. The property features an oversized carport and ample on-site parking, enhancing convenience and functionality. Currently vacant, this warehouse is zoned for commercial use and ideally suited for a variety of businesses, including owner-users and auto repair shops. The property includes a built-in office space added during the 2019 renovation. While the property is move-in ready, minimal build-out is required to complete the restroom and utility sink. Detailed survey and plans are available. Located in a high-traffic area off Spring Cypress Road and Kuykendahl Road, this warehouse offers excellent visibility and accessibility. This property is available for both sale and lease.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2010
Construction METAL FRAME
Total area 5,700 SF
Lot 0.33 ac (14,375 SF)
APN 432380010016
UPID US82-0869526

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

19111 Applecrest Way Spring, TX 77388
Spring metro Census 553403 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2013
6 recorded transactions
2020
Price N/A
2019
Price N/A
2013
Price N/A
2000
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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