Technical
Financial
Distress signals
Property profile

401 12th Rayford Rd Spring, TX 77386

OFF-MARKET
Auto shops
Property ID
US83-2449732
2,475 SF 0.36 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 16,560 square foot commercial land parcel presents a unique investment opportunity in the thriving Woodlands area of Spring, Texas. Located on Rayford Road, this property benefits from high traffic counts, ensuring excellent visibility and accessibility for any future business. Currently occupied by a car wash, the site offers significant redevelopment potential for a wide range of commercial uses. The property's prime location within Montgomery County makes it an attractive option for businesses seeking exposure to a dense and affluent customer base. The single-tenancy nature of the current lease provides flexibility for future development plans. This substantial land area allows for a variety of construction options, catering to diverse business needs. The high traffic volume on Rayford Road guarantees a steady stream of potential customers, making this an ideal location for businesses seeking maximum exposure. Investors and developers will appreciate the significant upside potential inherent in this well-situated property. The existing structure provides immediate income potential while redevelopment plans are formulated. This is a rare opportunity to acquire a strategically located commercial land parcel in a rapidly growing market. Serious inquiries are encouraged.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1994
Total area 2,475 SF
Lot 0.36 ac (15,812 SF)
Zoning code 6
APN 9012-02-02700
UPID US83-2449732

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
  • Auto Repair Shop
  • Car Wash
  • Auto Repair Shop

Location

401 12th Rayford Rd Spring, TX 77386-1917
Spring metro Census 691801 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

Zoning & alternative use

6 · Spring, TX

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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