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    Property profile & analytics

    8615 Rayford Rd Spring, TX 77389-4867

    • Day care centers
    • 16,626 SF
    • 3.31 lot acres
    OFF-MARKET
    Value Estimations
    $610,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2655804
    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

    • Celebree School of The Woodlands Creekside / Day Care Center

    Property Details for 8615 Rayford Rd

    Year built
    2008
    Construction
    FRAME
    Lot size
    3.31 lot acres
    Property size
    16,626 SF
    Property type
    Day care centers
    APN
    1293030010003
    APU
    1293030010003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $605,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $673,000
      Market price range: $585k - $911k

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.5502
    Latitude
    30.1128
    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
    $44,811
    $864,054
    $1,659,767
    $2,523,821
    -
    $864,054
    $1,659,767
    $2,523,821

    Comparable in this City

    • Value Estimation
      $505,000
      11,944 SF

      24527 Gosling Rd Ste G

      DAY CARE, PRE-SCHOOL • 11,944 SF
      24527 Gosling Rd Ste G, Spring, TX 77389-3578
      View Details
    • Value Estimation
      $520,000
      13,884 SF

      5585 Creekside Frst Dr

      DAY CARE, PRE-SCHOOL • 13,884 SF
      5585 Creekside Frst Dr, Spring, TX 77389-5294
      View Details
    • Value Estimation
      $425,000
      11,656 SF

      26025 Strake Dr

      DAY CARE, PRE-SCHOOL • 11,656 SF
      26025 Strake Dr, Spring, TX 77389-1422
      View Details
    • Value Estimation
      $340,000
      12,601 SF

      8430 Creekside Frst Dr

      DAY CARE, PRE-SCHOOL • 12,601 SF
      8430 Creekside Frst Dr, Spring, TX 77389-1914
      View Details
    • Value Estimation by Request
      3.26 Acres

      22304 Hildebrandt Rd

      CHARITABLE ORGANIZATION • 3.26 Acres
      22304 Hildebrandt Rd, Spring, TX 77389
      View Details
    • Value Estimation by Request
      5,440 SF

      6535 Creekside Frst Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 5,440 SF
      6535 Creekside Frst Dr, Spring, TX 77389
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Unrestricted Land on Kuykendahl Road

      Unrestricted land with frontage on Kuykendahl Road, Spring, TX.
      22426 Kuykendahl Rd, Spring, TX 77389
      View Details
    • $875,000

      Land Near Grand Parkway

      Land suitable for development near Grand Parkway.
      5902 Spring Stuebner Rd, Spring, TX 77389
      View Details
    • $78,600

      Vacant Lot on Rhetta Lane

      Vacant lot available for sale in Spring, Texas.
      Rhetta Ln Ln, Spring, TX 77389
      View Details
    • $3,200,000
      13.71 Acres

      Spring, TX Multi-Use Property

      13.71-acre estate, 5 buildings, high potential.
      22321 Mossy Oaks Rd, Spring, TX 77389
      View Details
    • $1,000,000
      7.40 Acres

      7.4-Acre Industrial Land in Spring, TX

      Prime Industrial Land - Excellent Location
      3206 Spring Stuebner Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      7.40 Acres

      Gosling Road Commercial Land

      ±7.4 Acres, Unrestricted, High Traffic
      0 Gosling Rd, Spring, TX 77389
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      3,930 SF

      The Offices on Dowdell - Building 800

      New Spring, TX Office Suites - 3,930 SF
      7630 Dowdell Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      349,112 SF

      Grand Parkway Marketplace Retail

      Spring, TX Retail Center - High Traffic Location
      0 Grand Pkwy & Kuykendahl Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      167,199 SF

      Springwoods Village Retail Space

      Prime Retail Space, 1,851 SF Available
      2102-2180 Spring Stuebner Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      241,225 SF

      Grand Parkway Marketplace II Retail Space

      Prime Spring, TX retail space available. Multiple suites, ample parking.
      0 Spg Stuebner Rd. & Kuykendahl Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      2,400 SF

      Prime Spring, TX Office/Warehouse

      2,400 SF Executive Office & Warehouse
      24119 Lenze Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      10,258 SF

      Spring Oaks Plaza: Retail Space

      Brand New Retail Space in Spring, TX
      4544 Spring Stuebner Rd, Spring, TX 77389
      View Details
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    8615 Rayford Rd
    Spring, TX 77389-4867
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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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