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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Strip malls
9740 Barker Cypress Rd Cypress, TX 77433-1973
Entity Owned
Absentee Owner
Free & Clear
Property ID
US82-5403403
Property summary
AI-generated overview
This exceptional 31,570-square-foot shopping center is ideally situated at 9740 Barker Cypress Road in Cypress, Texas, 77433. Built in 2004, the property sits on a 3-acre lot at the main entrance to the master-planned Towne Lake community in West/Northwest Houston. Currently boasting 100% occupancy, the center features a diverse mix of established tenants including a family practice, vision center, urgent care facility, Mexican restaurant, animal clinic, liquor store, Subway, and a dental practice. The property's prime location within a thriving residential community ensures consistent foot traffic and strong tenant demand. This fully leased retail center presents a stable investment opportunity with a proven track record of success. The property's excellent tenant mix and strategic location within a high-growth area make it an attractive asset for investors seeking a reliable and profitable investment. The center's strong performance and established tenant base provide a solid foundation for future growth and returns.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
BRICK
Total area
37,354 SF
Lot
2.81 ac (122,404 SF)
APN
1251760010059
UPID
US82-5403403
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
-
Dr. Larry Burleigh Alternative Medicine Practice
-
Loraine Rodriguez Rodriguez Payan Physician
-
Tri Le Physician
-
Taco De Oro Mexican Restaurant Restaurant
-
Katherine Demeritt Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$715k
Owner & transaction history
STONEGATE SHOPPING CENTER LLC
STONEGATE SHOPPING CENTER LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cypress submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cypress submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$19 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$49,518
Tax year 2022
Assessed value
$7,561,921
Assessed 2024
Previous assessed
$7,207,314
+4.9% YoY
Effective rate
0.65%
On assessed value
Assessed land
$2,203,254
Assessed improvement
$5,358,667
Land market value
$2,203,254
Improvement market value
$5,358,667
Total market value
$7,561,921
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
37,354 SF
Lot
2.81 ac (122,404 SF)
APN
1251760010059
UPID
US82-5403403
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
2.81 ac
Current owner
From public records · entity-resolved
STONEGATE SHOPPING CENTER LLC
Entity
Free & Clear · 0 yrs held
Mailing address
11111 KATY FWY STE #535, HOUSTON, TX 77079-2110
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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