Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2685 Rayford Rd Spring, TX 77386-4125

    • Drive through restaurants
    • 2,456 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2456135
    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

    • Jack in the Box / Restaurant / Take-out & Catering
    • GALAXY FREEDOM FIREWORKS / Discount Store / Party Supply Store

    Property Details for 2685 Rayford Rd

    Year built
    2008
    Construction
    FRAME
    Lot size
    1.00 lot acres
    Property size
    2,456 SF
    Property type
    Drive through restaurants
    APN
    2632-00-00103
    APU
    26320000103

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4006
    Latitude
    30.1223
    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
    $15,052
    $218,235
    $559,141
    $777,376
    -
    $218,235
    $559,141
    $777,376

    Comparable in this City

    • Value Estimation by Request

      3135 Riley Fuzzel Rd

      Restaurants
      3135 Riley Fuzzel Rd, Spring, TX 77386
      View Details
    • Value Estimation by Request
      2,382 SF

      4053 Riley Fuzzel Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,382 SF
      4053 Riley Fuzzel Rd, Spring, TX 77386-2827
      View Details
    • Value Estimation by Request
      2,620 SF

      25403 Oakhurst Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,620 SF
      25403 Oakhurst Dr, Spring, TX 77386-1441
      View Details
    • Value Estimation by Request
      30,000 SF

      28517 Spg Trl Rdg

      Restaurants • 30,000 SF
      28517 Spg Trl Rdg, Spring, TX 77386
      View Details
    • Value Estimation by Request
      2,896 SF

      25219 Oakhurst Dr

      RESTAURANT • 2,896 SF
      25219 Oakhurst Dr, Spring, TX 77386-1422
      View Details
    • Value Estimation by Request
      6,388 SF

      4083 Riley Fuzzel Rd

      RESTAURANT • 6,388 SF
      4083 Riley Fuzzel Rd, Spring, TX 77386-2827
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,000 SF

      Retail Space Near Grand Parkway

      Restaurant, entertainment, and retail space near Kroger-anchored marketplace.
      4495 Riley Fuzzel Rd, Spring, TX 77386
      View Details
    • Contact for pricing

      The Grove at Benders Landing

      Prime Retail Land in Spring, TX
      3150 Riley Fuzzel Rd, 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
      10,500 SF

      Professional Office Space For Sale

      Professional office space co-located inside Woodforest National Bank's retail branch.
      327 Rayford Rd, Spring, TX 77386
      View Details
    • Contact for pricing
      1.00 Acre

      Prime Spring, TX Corner Lot

      7.8-Acre Commercial Land, High Visibility
      1526 Rayford Rd, Spring, TX 77386
      View Details
    • $1,200,000
      5,030 SF

      Rayford Road Mixed-Use Property

      Spring, TX investment opportunity: 5,030 SF, 100% occupied.
      409 Rayford Rd, Spring, TX 77386
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      30,000 SF

      Spring Trails Office Complex

      Multi-tenant office & retail space available
      28517 Spring Trail Rdg, Spring, TX 77386
      View Details
    • $15 SF/Yr
      66,208 SF

      I-45 North Retail Space Available

      Spring, TX Retail Center - Multiple Units
      25192 I-45, Spring, TX 77386
      View Details
    • Contact for pricing
      23,250 SF

      Grand Parkway Retail Space

      Spring, TX retail opportunity. High-traffic location.
      3150 Riley Fuzzel Rd, Spring, TX 77386
      View Details
    • $2.00 SF/Yr
      20,500 SF

      New Construction Retail Space Available

      New construction retail space with elevator access for lease.
      26222 Interstate 45 N, Spring, TX 77386
      View Details
    • $25 SF/Yr
      3,831 SF

      Retail Space Available For Lease

      Retail space available for lease in Spring, Texas.
      602 Rayford Rd, Spring, TX 77386
      View Details
    • Contact for pricing
      12,500 SF

      Oakwood Plaza: Retail Space Available

      Newly renovated retail center; prime location.
      25770 Interstate 45, Spring, TX 77386
      View Details

    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      1.4k
    • Avg Time on site
      21 min
    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.
    2685 Rayford Rd
    Spring, TX 77386-4125
    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.