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    1702 Lockwood Dr Dr Houston, TX 77020

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    For Sale
    $355,000

    Commercial property in Houston's Fifth Ward, prime for investment.

    Lot size:
    0.09 Acres

    Property Features for 1702 Lockwood Dr Dr

    General Information

    Lot size
    0.09 Acres

    Source: Century Properties Real Estate Agent Jose Moreira

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Houston's Fifth Ward

    This commercial property is located in Houston's Fifth Ward. It is positioned for businesses seeking growth, with easy access to downtown and major highways. The property's zoning supports mixed use. Interested parties should confirm zoning specifics for their intended plans. The location is suitable for investment in the East End's cultural scene and ongoing revitalization.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.3138
    Latitude
    29.7731

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    FAQs

    What type of property is this?
    Land - Commercial property in Houston's Fifth Ward, prime for investment.
    Where is this land located?
    The property is located at 1702 Lockwood Dr Dr Houston, TX.
    What is the asking price?
    The asking price for this property is $355,000.
    What are key features of this property?
    This property features: - Prime location in Houston's Fifth Ward, experiencing revitalization.; - Easy access to downtown and major highways.; - Mixed-use zoning potential.
    (832) 339-9830
    Request Owner's contact information
    1702 Lockwood Dr Dr Houston, TX 77020
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    Realmo Value Estimation

    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.

    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.

    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
    1702 Lockwood Dr Dr Houston, TX 77020
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