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Property profile & analytics
OFF-MARKET
Strip malls
4740 Spg Cypress Rd Spring, TX 77379-3447
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3867578
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Construction
CONCRETE BLOCKS
Total area
12,421 SF
Lot
1.57 ac (68,511 SF)
APN
1201440010003
UPID
US83-3867578
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
-
Nails By Jenn Nail Salon
-
Foot Relax 2 Alternative Medicine Practice Spa & Massage Center
-
SMOKE INN - The best drive thru smoke shop of Spring TX (Bike/Boat/Book/etc) Store
-
All American Mini Split Installers HVAC Service General Contractor
-
Texas Department of Public Safety Driver License Center Driver'S License Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fmtv LLC · 11 yrs held
Fmtv LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$33,040
Tax year 2022
Assessed value
$1,830,892
Assessed 2024
Previous assessed
$1,888,467
-3.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$685,100
Assessed improvement
$1,145,792
Land market value
$685,100
Improvement market value
$1,145,792
Total market value
$1,830,892
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1999
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
12,421 SF
Lot
1.57 ac (68,511 SF)
APN
1201440010003
UPID
US83-3867578
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Fmtv LLC
Entity
Mailing address
1416 SAN MARINO DR, PEARLAND, TX 77581-5267
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2018
—
Thg Investments LLC
—
Deed
related
$1,505,000 · Miscellaneous Ins Co
Oct 9, 2014
—
Fmtv LLC
Ro-bt Investments LLP
Grant Deed
$400,000 · Ro-bt Investments LLP
Jan 16, 2013
—
2763 Kuykendahl LLC
—
Trustees Deed
related
$275,000 · Icon Bank Of Texas
Apr 30, 2012
—
2763 Kuykendahl LLC
Kuykendahl Investments LP
Quit Claim Deed
related
$1,945,000 · Icon Bank Of Texas
Mar 11, 2005
—
Ro Bt Investments LLP
Bridgestone Partners Ltd
Venders Lien
$960,000 · 1st International Bank
—
—
Ashco Investments LLC
—
Loan Modification
related
$275,000 · Icon Bank Of Texas
—
—
Thg Investments LLC
—
Deed Of Trust
related
$1,505,000 · Miscellaneous Ins Co
—
—
2763 Kuykendahl LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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