303 Spruce St Dickinson, TX 77539
For Sale
1 / 5
This property presents a stabilized childcare real estate investment leased to a long-tenured local operator in the Southeast Houston market. The asset consists of two freestanding buildings that operate as an early-education facility while presenting more like flex or light-industrial space, providing added versatility beyond the current use. Located in Dickinson, the property benefits from the planned expansion of State Highway 99 (Grand Parkway), which is expected to improve regional connectivity and support continued residential and commercial growth throughout the surrounding corridor. The offering is structured as a five-year sale-leaseback, delivering in-place income with multiple exit options at lease expiration, including lease renewal, re-tenanting, or repositioning for alternative uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.