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Property profile & analytics
OFF-MARKET Estimated value $670,000
Warehouses

3315 Spg Cypress Rd Spring, TX 77388-4651

10,979 SF 4 ac lot Built 2001
Entity Owned 6-yr Hold Free & Clear
Property ID
US82-9934096
Property summary
AI-generated overview

Rebecca Village Business Park, located at 3315 Spring Cypress Rd, Spring, TX 77388, offers exceptional flex and manufacturing space. This 57,000 square foot facility boasts multiple tenancies, with spaces ranging from 1,750 to 8,000 contiguous square feet currently available, totaling 12,832 square feet of vacant space. The property features 22-foot clear ceiling heights, ideal for various industrial uses. Each suite includes 16' x 12' roll-up doors and a man door, ensuring efficient loading and unloading. Power is provided by a robust 3-phase, 200-amp, 240-volt system. The facility is well-maintained, clean, and brightly lit, with attentive management and exterior LED lighting. The location is highly desirable, situated just one mile east of I-45, offering excellent access and visibility. The property benefits from a strong surrounding demographic, with 86,000 people within a three-mile radius and 24,000 vehicles passing daily. The retail space has been completely renovated with white walls, while the warehouse section is brand new, constructed in 2020. Industrial gross starting rates are $8.75 per square foot. This is a prime opportunity for businesses seeking high-quality industrial space in a thriving location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction METAL FRAME
Total area 10,979 SF
Lot 4 ac (174,240 SF)
APN 1248720010001
UPID US82-9934096
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
Current use
Occupant on record · Public records
  • Mattress Today Spring - By Appointment Only Furniture & Home Goods
  • L & J Sheet Metal Production Facility Metal Fabrication Plant
  • Auto Reflections Window Tinting Interior Design Auto Repair Shop
  • HF Safety LLC Occupational Safety And Health
  • A to Z closeout warehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
$698k
Blend (final) Blend
$670k
Owner & transaction history
Southeast Texas Interests LLC · 6 yrs held
Southeast Texas Interests LLC
since 2019
3 recorded transactions
2019
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.1M +98.8%
Medical building $640,000 +20.5%
Auto repair, garage $615,000 +15.9%
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