Property profile

3223 Spg Cypress Rd 408 Spring, TX 77388

OFF-MARKET
Garden apartment buildings
Property ID
US82-2776004
33,465 SF 23.55 ac lot Built 2015
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 2015
Construction FRAME
Total area 33,465 SF
Lot 23.55 ac (1,025,969 SF)
APN 1373140010001
UPID US82-2776004

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
  • Hardware & Home Improvement
  • Auto Parts Store
  • Consultant
  • Real Estate Agency
  • Physician

Location

3223 Spg Cypress Rd, Unit 408 Spring, TX 77388-4884
Spring metro Census 553403 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.35M
Blend (final) Blend
$2.29M

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $3.2M +110.3%
Medical building $2.0M +27.5%
Auto repair, garage $1.9M +22.5%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3223 Spg Cypress Rd, Unit 408?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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