Property profile

314 Sawdust Rd Spring, TX 77380

OFF-MARKET
Specialty properties
Property ID
US83-2355594
46,246 SF 6.66 ac lot Built 2015
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

Picasso Village, located at 314 Sawdust Rd, Spring, TX 77380, offers a unique opportunity for businesses seeking versatile office space. This two-building complex, totaling 46,246 square feet, sits on a 6.66-acre lot and was constructed in 2015. Currently, there are 16 suites, with 9,322 square feet of vacant space available for lease. The property's diverse subtypes cater to a wide range of businesses, including coworking, traditional office, executive office, medical office, and creative office needs. Its convenient location offers easy access to I-45 North, placing it just two minutes from the highway and five minutes from The Woodlands. The property is situated atop a thriving shopping center, surrounded by a mix of commercial, industrial, and residential areas. The available space is a second-floor unit with elevator access, making it highly accessible and convenient. The property's multiple tenancy structure provides flexibility for various business sizes and configurations. Montgomery County location provides access to a strong workforce and established infrastructure. This is an exceptional opportunity to establish a presence in a dynamic and rapidly growing area.

Property profile

Verified
Property type Specialty properties
Year built 2015
Total area 46,246 SF
Lot 6.66 ac (290,110 SF)
UPID US83-2355594

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Skin Care Clinic
  • Nightclub DJ & Entertainment
  • Barber Shop
  • Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Hair Salon Nail Salon

Location

314 Sawdust Rd Spring, TX 77380
Spring metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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