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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

8102 Fry Rd Cypress, TX 77433-0310

4,124 SF 1.83 ac lot Built 2022
Entity Owned Absentee Owner Free & Clear
Property ID
US82-6202293
Property summary
AI-generated overview

This exceptional 0.47-acre commercial land parcel presents a prime opportunity for retail development. Located on the hard corner of Fry Road and Longenbaugh Road in Cypress, Texas (zip code 77433), this property boasts a premium location with high vehicular traffic volume. All utilities are readily available, eliminating the need for costly infrastructure development. Furthermore, there are no detention requirements, simplifying the permitting process. The site's ideal configuration makes it particularly well-suited for businesses requiring drive-thru access, such as coffee shops, donut shops, banks with ATMs, or dry cleaners. The property benefits from its strategic placement amidst a thriving area of new construction. A recently opened Rich's Car Wash is already operating nearby, and a Chevron gas station is slated to open soon. The property's proximity to Andre Elementary School further enhances its visibility and accessibility. This is a rare opportunity to acquire a highly visible and conveniently located commercial lot in a rapidly growing area of Cypress, Texas. The property is zoned for commercial use and is ready for immediate development.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 2022
Construction STEEL FRAME
Total area 4,124 SF
Lot 1.83 ac (79,845 SF)
APN 1381060010009
UPID US82-6202293
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
  • Krispy Krunchy Chicken Restaurant
  • Imperial Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Ship It Plus Business Service Center Postal Service
  • ADL Martinez Services LLC Landscaping General Contractor
  • Imperial Food Mart Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
RIVEROAK INVESTMENT GROUP LLC
RIVEROAK INVESTMENT GROUP LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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