Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    26620 Interstate 45 Spring, TX 77386-1016
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    26620 Interstate 45 Spring, TX 77386-1016

    View on Map
    • Commercial real estate
    • 17,870 SF
    • 1.87 lot acres
    Off-Market
    Property ID
    US83-2464254
    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.
    Value Estimations
    $2,515,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 26620 Interstate 45

    Year built
    2004
    Lot size
    1.87 lot acres
    Property size
    17,870 SF
    Property type
    Commercial real estate
    APN
    7640-03-37905
    APU
    76400337905

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,085,000
      6.5%
      $2,845,000
      7%
      $2,640,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,180,000
      Market price range: $934k - $2.78M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,040,000
      Current use
      OFFICE BUILDING
      $2,330,000
      Change: +14% Conversion: Easy
      RESTAURANT
      $1,810,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4464
    Latitude
    30.1494
    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
    2024
    $49,427
    $1,057,251
    $1,136,569
    $2,193,820
    -
    $1,057,251
    $1,136,569
    $2,193,820

    Comparable in this City

    • Value Estimation by Request
      12,500 SF

      25770 Interstate 45

      Retail properties & Spaces • 12,500 SF
      25770 Interstate 45, Spring, TX 77386
      View Details
    • Value Estimation by Request
      106.00 Acres

      Rayford Rd

      Land • 106.00 Acres
      0 Rayford Rd, Spring, TX 77386
      View Details
    • Value Estimation by Request

      25602 Interstate 45

      Investment properties
      25602 Interstate 45, Spring, TX 77386
      View Details
    • Value Estimation by Request
      0.77 Acres

      Spring, TX 77386

      COMMERCIAL MISC • 0.77 Acres
      Spring, TX 77386
      View Details
    • Value Estimation by Request
      1,923 SF

      25410 Oakhurst Dr

      COMMERCIAL (GENERAL) • 1,923 SF
      25410 Oakhurst Dr, Spring, TX 77386-1440
      View Details
    • Value Estimation by Request
      2,187 SF

      25322 Oakhurst Dr

      COMMERCIAL (GENERAL) • 2,187 SF
      25322 Oakhurst Dr, Spring, TX 77386-1425
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,030 SF

      Mixed-Use Property on Rayford Road

      Mixed-use property available for sale on Rayford Road.
      409 Rayford Rd, Spring, TX 77386
      View Details
    • Contact for pricing

      Land For Sale

      Two acre land parcel available for purchase.
      Rayford Rd/Foster Ln, Spring, TX 77386
      View Details
    • Contact for pricing
      5,334 SF

      Retail Property on Interstate 45

      5,334 SF retail property in Spring, Texas available for sale.
      26419 Interstate 45, Spring, TX 77386
      View Details
    • Contact for pricing

      Class A Office Building in Spring

      Four-story, 250,000 SF Class A office building for sale.
      25700 Interstate 45, Spring, TX 77386
      View Details
    • $425,000

      Benders Landing Estates Acre Lot

      One-acre lot in Benders Landing Estates with greenbelt and amenities.
      27588 S Lazy Meadow Way, Spring, TX 77386
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Pad Site Near H-E-B

      0.9975 acre pad site available for ground lease.
      3540 Rayford Rd, Spring, TX 77386
      View Details
    • Contact for pricing

      Retail Pad Sites Available

      Ground lease or build-to-suit options near major retailers.
      3150 Riley Fuzzel Rd, Spring, TX 77386
      View Details
    • Contact for pricing

      New Construction Retail Space Available

      New construction retail space with elevator access for lease.
      26222 Interstate 45 N, Spring, TX 77386
      View Details
    • $2,700 /Mo
      1,480 SF

      Renovated Mixed-Use Live/Work Property

      Move-in ready, versatile space on a spacious unrestricted lot.
      29806 Lazy Ln, Spring, TX 77386
      View Details
    • Contact for pricing

      Office Warehouse Space Available

      Office warehouse space for lease or sale near major highways.
      25533 Richards Rd, Spring, TX 77386
      View Details
    • $2,500 /Mo

      25210 Richards Rd

      OfficeSpace for lease
      25210 Richards Rd, Spring, TX 77386
      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.
    26620 Interstate 45
    Spring, TX 77386-1016
    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!