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    4740 Spg Cypress Rd Spring, TX 77379-3447
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    Property profile & analytics

    4740 Spg Cypress Rd, Spring, TX 77379-3447

    View on Map
    • Strip malls
    • 12,421 SF
    • 1.57 lot acres
    Off-Market
    Property ID
    US83-3867578
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 4740 Spg Cypress Rd

    Year built
    1999
    Construction
    CONCRETE BLOCKS
    Lot size
    1.57 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    1201440010003
    APU
    1201440010003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 17, 2018 — Thg Investments LLC — Deed · related $1.5M · Miscellaneous Ins Co
    Oct 9, 2014 — Fmtv LLC Ro-bt Investments LLP Grant Deed $400k · Ro-bt Investments LLP
    Jan 16, 2013 — 2763 Kuykendahl LLC — Trustees Deed · related $275k · Icon Bank Of Texas
    Apr 30, 2012 — 2763 Kuykendahl LLC Kuykendahl Investments LP Quit Claim Deed · related $1.9M · Icon Bank Of Texas
    Mar 11, 2005 — Ro Bt Investments LLP Bridgestone Partners Ltd Venders Lien $960k · 1st International Bank
    — — Ashco Investments LLC — Loan Modification · related $275k · Icon Bank Of Texas
    — — Thg Investments LLC — Deed Of Trust · related $1.5M · Miscellaneous Ins Co
    — — 2763 Kuykendahl LLC — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.4947
    Latitude
    30.0507
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $33,040
    $685,100
    $1,145,792
    $1,830,892
    -
    $685,100
    $1,145,792
    $1,830,892

    Comparable in this City

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      22,816 SF

      19620 Kuykendahl Rd

      SHOPPING CENTER, STRIP CENTER
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    • Value Estimation
      $675,000
      21,289 SF

      9222 Louetta Rd

      SHOPPING CENTER, STRIP CENTER
      9222 Louetta Rd, Spring, TX 77379-6245
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    • Value Estimation
      $780,000
      38,919 SF

      8220 Louetta Rd

      SHOPPING CENTER, STRIP CENTER
      8220 Louetta Rd, Spring, TX 77379-7029
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    • Value Estimation
      $790,000
      38,133 SF

      8320 Louetta Rd

      SHOPPING CENTER, STRIP CENTER
      8320 Louetta Rd, Spring, TX 77379-5708
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    • Value Estimation
      $665,000
      24,336 SF

      8921 Louetta Rd

      SHOPPING CENTER, STRIP CENTER
      8921 Louetta Rd, Spring, TX 77379-6931
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    • Value Estimation
      $745,000
      36,719 SF

      7135 Louetta Rd

      SHOPPING CENTER, STRIP CENTER
      7135 Louetta Rd, Spring, TX 77379-7454
      View Details

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      Versatile Commercial Property in Spring, TX

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      Retail/Office/Medical Space Available

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      4,108 SF

      Turn-Key Mechanic Shop For Sale

      Mechanic shop on fenced lot near major roads.
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      Kuykendahl Road Commercial Opportunity

      High-visibility commercial property on 0.82 acres in Spring, TX.
      17934 Kuykendahl Rd, Spring, TX 77379
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    Similar Nearby for Lease

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      Retail Space Near Amazon Center

      Retail space available near Sprouts-anchored center and Amazon Distribution Center.
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      Retail Center in Spring, TX

      Retail center in a high-traffic area with strong demographics.
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      Retail Space in Spring, Texas

      Neighborhood center in Champion Forest area of Spring, Texas.
      16825 Theiss Mail Route Rd, Spring, TX 77379
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      Retail, Office, Restaurant Space Available

      Located in established neighborhood, ideal for retail, office, restaurant.
      18311 Kuykendahl Rd, Spring, TX 77379
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      Retail Space in Theiss Plaza

      Neighborhood retail center in Champion Forest area of Spring, Texas.
      16811-16825 Theiss Mail Route Rd, Spring, TX 77379
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      Retail Space For Lease

      Retail space available for lease in Spring, Texas.
      Louetta Rd, Spring, TX 77379
      View Details

    Property Visit Statistics

    • Visits by month
      282
    • Visitors by month
      446
    • Avg Time on site
      16 min
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    Spring, TX 77379-3447
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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