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    5799 Thomas Rd Houston, TX 77041

    For Sale
    $360,000

    Prime Houston land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This 0.72-acre commercial/industrial lot in Houston, Texas, presents a unique development opportunity. Located at 5799 Thomas Rd, in Harris County, zip code 77041 (29.8516516, -95.577166), this stabilized lot benefits from existing infrastructure including lighting and an access driveway. Its strategic location is immediately north of the 11302 Tanner Road office building, offering excellent visibility and potential synergy. The asking price for this property is $360,000. The property is classified as both commercial and industrial land, making it suitable for a variety of uses. Given its size and location, this lot is well-suited for developers seeking a prime location in a thriving Houston market. The existing access driveway simplifies development plans, reducing initial infrastructure costs. The presence of lighting enhances security and visibility, further increasing the property's appeal. This is an exceptional opportunity to acquire a well-positioned lot ready for immediate development. Serious inquiries are encouraged.

    Property Features for 5799 Thomas Rd

    General Information

    Property type
    Land
    Lot Size
    31,363 SF

    HighLights

    • $360,000 asking price.
    • 0.72‑acre commercial/industrial land parcel.
    • Located in Houston, Texas, at 5799 Thomas Rd, Harris County, zip code 77041.
    • Stabilized lot with existing access driveway and lighting, adjacent to an office building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.577166
    Latitude
    29.8516516

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    FAQs

    What type of property is this?
    Land - Prime Houston land, ideal for development.
    Where is this land located?
    The property is located at 5799 Thomas Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: $360,000 asking price.; 0.72-acre commercial/industrial land parcel.; Located in Houston, Texas, at 5799 Thomas Rd, Harris County, zip code 77041.
    Request Owner's contact information
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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
    5799 Thomas Rd Houston, TX 77041
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