23801 Cypresswood Dr Spring, TX 77373-8946

This exceptional 17,600 square foot commercial property, located at 23801 Cypresswood Drive in Spring, Texas (Harris County, zip code 77373), presents a compelling investment opportunity. The 5-acre site boasts eight single-story buildings constructed between 2020 and 2024, featuring a diverse mix of uses including retail, industrial, and self-storage. Currently operating at 85% occupancy (as of October 8, 2024), the complex comprises 119 units, including eight mini office/retail spaces, a 10,000 square foot self-storage facility, and a newly built 5,600 square foot multi-use building with 11 office/warehouse units. The property offers ample parking with 68 spaces, accommodating trucks and RVs. The 12-foot ceiling height in the warehouse spaces adds to its versatility. Approved plans exist for an additional 30,000 square feet of development, providing significant expansion potential. This Class B property, situated just 15 minutes from George Bush Intercontinental Airport and across from Planet Ford Stadium, benefits from its location in one of Greater Houston's fastest-growing areas, ensuring high demand and strong tenant retention. The property's diverse revenue streams from office, retail, self-storage, and parking make it an attractive, stabilized investment. The APN is 1217800010001. The property is owned by Sekson Inc. and is being offered for sale by owner.