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Property profile & analytics
FOR SALE
Shopping centers

340 Rayford Rd Spring, TX 77386

8,711 SF Built 2005
Property ID
US83-2266624
Property summary
AI-generated overview

Marcus & Millichap is pleased to exclusively list for sale Sam’s Plaza, located at 340 Rayford Road in Spring, Texas. This 8,711-square-foot retail center is 100 percent occupied, accommodating two triple-net tenants, protecting an investor from possible increases in future expenses. Sam’s Plaza represents a compelling neighborhood retail investment opportunity positioned within one of North Houston’s fastest-growing suburban corridors. Located just ±1,000 feet from Interstate 45, the asset benefits from exceptional regional connectivity and strong commuter traffic, with approximately 50,000 vehicles per day along Rayford Road and significantly higher volumes along I-45. The surrounding trade area is anchored by national retailers, including H-E-B, Walmart, Kroger, and Walgreens, reinforcing the corridor as a primary retail destination and consistent consumer draw. The average household income exceeds $100,000 within a one-mile radius, indicative of strong purchasing power and favorable tenant sales performance. The asset is embedded within the Imperial Oaks master-planned community, an area experiencing continued residential expansion and population growth, driving retail demand and supporting rent growth across the submarket. Sam's Plaza is offered for sale at a price of $2,380,000 which represents a 7 percent cap rate. The property offers investors a well located, income-producing retail asset with embedded growth potential and exposure to one of the Houston MSA’s most dynamic suburban retail corridors. 7.00%

Property profile
Verified
Property type Shopping centers
Year built 2005
Total area 8,711 SF
UPID US83-2266624
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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