Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8727 Rayford Rd Spring, TX 77389-5441

    • Strip malls
    • 19,168 SF
    • 1.35 lot acres
    OFF-MARKET
    Value Estimations
    $620,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1008857
    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

    • The Boba Shop / Bubble Tea Store
    • Ismail Olayinka Adesanya / Family Practice Physician / Emergency Care Physician
    • D1 Training Spring / Physical Fitness Program
    • Bayoucity Physicians PLLC / Family Practice Physician / Medical Clinic
    • Dr. Ismail Adesanya / Family Practice Physician / Emergency Care Physician

    Property Details for 8727 Rayford Rd

    Year built
    2018
    Construction
    STEEL FRAME
    Lot size
    1.35 lot acres
    Property size
    19,168 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    1293030010007
    APU
    1293030010007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $665,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $576,000
      Market price range: $493k - $834k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $630,000
      Current use
      WAREHOUSE, STORAGE
      $990,000
      Change: +57% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.5519
    Latitude
    30.1119
    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
    $53,448
    $1,032,745
    $1,763,437
    $2,796,182
    -
    $1,032,745
    $1,763,437
    $2,796,182

    Comparable in this City

    • Value Estimation
      $730,000
      13,874 SF

      24527 Gosling Rd

      SHOPPING CENTER, STRIP CENTER • 13,874 SF
      24527 Gosling Rd, Spring, TX 77389-3577
      View Details
    • Value Estimation
      $895,000
      30,588 SF

      25115 Gosling Rd

      SHOPPING CENTER, STRIP CENTER • 30,588 SF
      25115 Gosling Rd, Spring, TX 77389-3226
      View Details
    • Value Estimation
      $770,000
      20,669 SF

      8633 Rayford Rd

      SHOPPING CENTER, STRIP CENTER • 20,669 SF
      8633 Rayford Rd, Spring, TX 77389-5189
      View Details
    • Value Estimation
      $445,000
      17,225 SF

      24407 Gosling Rd, Unit 18

      SHOPPING CENTER, STRIP CENTER • 17,225 SF
      24407 Gosling Rd, Spring, TX 77389-5085
      View Details
    • Value Estimation
      $510,000
      9,089 SF

      23227 Gosling Rd

      SHOPPING CENTER, STRIP CENTER • 9,089 SF
      23227 Gosling Rd, Spring, TX 77389-5476
      View Details
    • Value Estimation
      $455,000
      13,759 SF

      3307 Spg Stuebner Rd

      SHOPPING CENTER, STRIP CENTER • 13,759 SF
      3307 Spg Stuebner Rd, Spring, TX 77389-4690
      View Details

    Similar Nearby for Sale

    • $475,000

      Grand Parkway 99 Corner Lot

      Prime Spring, TX Commercial Land
      5707 Rhetta Ln, Spring, TX 77389
      View Details
    • Contact for pricing

      Spring Ridge: 120 Acres

      Prime Commercial Land, Spring, TX
      0 Mossy Oaks Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      4.33 Acres

      Prime 4.33-Acre Commercial Land

      Unrestricted land, excellent location, high visibility.
      22426 Kuykendahl Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      2.78 Acres

      Grand Parkway Commercial Land

      2.78 Acres, High-Traffic Location
      0 Grand Pkwy, Spring, TX 77389
      View Details
    • $70,000

      Vacant Lot in Spring, Texas

      Expansive vacant lot for custom home in Spring, Texas.
      01 Overcup Dr, Spring, TX 77389
      View Details
    • Contact for pricing

      Flex Condos for Sale/Lease

      Flex condos available for sale or lease, customizable spaces.
      23629 Gosling Rd, Spring, TX 77389
      View Details

    Similar Nearby for Lease

    • 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
      30,900 SF

      Kuykendahl Road Retail Center

      Spring, TX: 1,200 SF Retail Space Available
      22632 Kuykendahl 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
      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
      10,258 SF

      Spring Oaks Plaza: Retail Space

      Brand New Retail Space in Spring, TX
      4544 Spring Stuebner Rd, Spring, TX 77389
      View Details
    • Contact for pricing
      20,475 SF

      Augusta Woods Flex Space

      Prime Spring, TX Office Space Available
      8402 Timbercrest Village Dr, Spring, TX 77389
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8727 Rayford Rd
    Spring, TX 77389-5441
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.