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5350 Cypresswood Dr 1.49 Acres of Commercial Land Offered at $700,000 in Spring, TX 77379
Investment Highlights
- Permit/Plan-Ready Development – Memory care/assisted living project designed with a full construction document set in place, reducing upfront planning
- Designed as a one-story facility with approximately 18,959 SF (±20,133 SF including covered areas), supporting operational efficiency and resident acc
- Purpose-Built Memory Care Facility Design – Plans reflect an I-2 occupancy with Type V-A construction and NFPA 13 sprinklers
Executive Summary
This high-visibility site offers excellent frontage along Cypresswood, delivering strong exposure for retail, medical, or specialized development. Located in a thriving Spring submarket surrounded by dense residential rooftops, established retail, and office users, this property is ideal for investors or owner-users seeking a strategic, well-positioned commercial pad with convenient access to major thoroughfares. What sets this opportunity apart is that it is not raw land—it is a fully prepared, development-ready project designed for immediate execution. Significant upfront work has already been completed, dramatically reducing entitlement risk, development timelines, and soft costs. The offering includes completed architectural plans, approved floor plans and site layout, finalized engineering and site planning, Phase I environmental clearance, and a completed soil report confirming build readiness. Water and utility availability have been verified.
All Files in Google Drive: https://drive.google.com/drive/folders/1Ew3ADQbN6blpSqMRYlCQ4MwYNPSMRU0f?usp=drive_link
All Files in Google Drive: https://drive.google.com/drive/folders/1Ew3ADQbN6blpSqMRYlCQ4MwYNPSMRU0f?usp=drive_link
Property Facts
| Price | $700,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.49 AC |
| Property Type | Land | ||
| Zoning | None | ||
| Price | $700,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.49 AC |
| Zoning | None |
1 Lot Available
Lot
| Price | $700,000 | Lot Size | 1.49 AC |
| Price Per AC | $469,798.66 |
| Price | $700,000 |
| Price Per AC | $469,798.66 |
| Lot Size | 1.49 AC |
±1.49 AC development site at 5350 Cypresswood Dr, Spring, TX. Plans prepared for a 1-story memory care/assisted living facility (I-2), ~18,959 SF (+covered areas). Permit/plan-ready opportunity for operators or developers.
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1347770010002 | Improvements Assessment | $0 |
| Land Assessment | $259,948 | Total Assessment | $259,948 |
Property Taxes
Parcel Number
1347770010002
Land Assessment
$259,948
Improvements Assessment
$0
Total Assessment
$259,948
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5350 Cypresswood Dr
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