Technical
Financial
Distress signals
Property profile

527 E Oak Hill Dr Spring, TX 77386

FOR LEASE
Grocery and convenience stores
Property ID
US83-2464148
7,200 SF 1.16 ac lot Built 2020
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,600 square foot retail property in Spring, Texas, offers an unparalleled opportunity for businesses seeking high visibility and accessibility. Built in 2021, this Class B building boasts a single story with 1,800 square feet of immediately available space, perfect for multiple tenants. The property sits on 1.055 acres of land and is conveniently located at 527 E Oak Hill Dr, Spring, TX 77386, near the intersection of Hanna Road. Its strategic location ensures high traffic volume, exceeding 20,000 vehicles daily. The property's proximity to The Woodlands, Spring, and Conroe, coupled with its placement within the rapidly expanding Oak Ridge North neighborhood, guarantees a robust customer base. Surrounded by residential areas, schools, churches, and sports complexes, this location offers unparalleled convenience and exposure. The property also features a drive-thru option, further enhancing its appeal and functionality. Two spaces are currently available, ranging from 800 to 1,000 square feet each, providing flexibility for various business needs. Don't miss this chance to establish your business in a thriving community with exceptional visibility and accessibility.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2020
Construction CONCRETE BLOCKS
Total area 7,200 SF
Lot 1.16 ac (50,399 SF)
Zoning code 6
APN 7512-00-04900
UPID US83-2464148

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
  • Gas Station
  • Grocery & Convenience Store
  • Atm

Location

527 E Oak Hill Dr Spring, TX 77386
Spring metro Census 691801 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2019
7 recorded transactions
2020
Price N/A
2019
Price N/A
2019
Price N/A
2008
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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