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    Property profile & analytics

    5615 Spg Cypress Rd Spring, TX 77379-3430

    • Investment properties
    • 1,736 SF
    • 1.47 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Mar 04, 2020
    Location Intelligence
    Property ID
    US82-0973089
    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.

    Current Use by Public Records

    • Mega Storage Sheds / Shed Builder
    • Lokey Assets LLC Storage / Storage Facility

    Property Details for 5615 Spg Cypress Rd

    Year built
    1970
    Construction
    BRICK
    Lot size
    1.47 lot acres
    Property size
    1,736 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    461530000030
    APU
    461530000030

    Description

    This exceptional 1-acre self-storage facility in Spring, Texas, presents a lucrative investment opportunity. Located at 5615 Spring Cypress Rd. A, 77379, this property boasts 185 feet of prime road frontage, ensuring high visibility and accessibility. The facility comprises 46 units offering covered storage for boats, campers, and trailers, catering to a diverse clientele. Currently operating with monthly rental rates significantly below market value, this presents a substantial opportunity to increase profitability. The property's size and location in Harris County, Texas, make it an ideal investment for an experienced operator seeking to expand their portfolio or a first-time buyer looking for a turnkey business. The existing infrastructure is well-maintained and ready for immediate operation, minimizing upfront capital expenditures. The high demand for storage solutions in this area, coupled with the current below-market rental rates, positions this property for significant revenue growth. The asking price is $399,000. This is a rare chance to acquire a well-established, profitable storage business with considerable upside potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.5068
    Latitude
    30.0431
    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
    $5,161
    $161,501
    $133,499
    $295,000
    -
    $161,501
    $133,499
    $295,000

    Comparable in this City

    • Value Estimation
      $245,000
      1,634 SF

      17018 Theiss Mail Rte Rd

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      View Details
    • Value Estimation by Request
      1,312 SF

      7644 Spg Cypress Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,312 SF
      7644 Spg Cypress Rd, Spring, TX 77379-3113
      View Details
    • Value Estimation by Request
      1,572 SF

      5011 Squash St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,572 SF
      5011 Squash St, Spring, TX 77379-4914
      View Details
    • Value Estimation
      $415,000
      3,400 SF

      7018 Spg Cypress Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,400 SF
      7018 Spg Cypress Rd, Spring, TX 77379-3219
      View Details
    • Value Estimation
      $400,000
      1,876 SF

      17310 Stuebner Airline Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,876 SF
      17310 Stuebner Airline Rd, Spring, TX 77379-4629
      View Details
    • Value Estimation
      $330,000
      826 SF

      6825 Spg Cypress Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 826 SF
      6825 Spg Cypress Rd, Spring, TX 77379-3224
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $24 SF/Yr
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      Spring Klein Crossing Retail Space

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    Spring, TX 77379-3430
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    Realmo Value Estimation

    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.

    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.

    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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