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Property profile & analytics
FOR SALE
Day care centers

303 Spruce St Dickinson, TX 77539

20,375 SF Built 2005
Property ID
US82-Q082861
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Day care centers
Year built 2005
Total area 20,375 SF
UPID US82-Q082861
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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