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    8200 Wilcrest Dr Houston, TX 77072

    Sponsored
    For Sale
    $900,000

    0.79 Acres, $900,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.79-acre commercial land parcel presents a remarkable investment opportunity in Houston, Texas. Located at 8200 Wilcrest Dr, in Harris County, zip code 77072, this property boasts excellent visibility and accessibility. The site features 100 feet of frontage on Wilcrest Drive, providing significant exposure for any commercial development. Existing infrastructure is already in place, including readily available utilities such as curb and gutter, streets, electricity, gas, water, and sewer connections. Currently improved with a parking lot, this property offers immediate potential for redevelopment or expansion. The asking price is $900,000. Its strategic location in Houston, coupled with its existing infrastructure and convenient access, makes this a highly desirable site for a variety of commercial ventures. The property's size and location offer significant potential for future growth and return on investment. This is a rare opportunity to acquire a well-situated commercial land parcel in a thriving Houston market. The coordinates are 29.688532 latitude and -95.5721419 longitude. Serious inquiries are encouraged.

    Property Features for 8200 Wilcrest Dr

    General Information

    Property type
    Land
    Lot Size
    34,412 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    My Viet Services Social Services Ocean Crawfish Seafood Restaurant Wimpy African foods ... African Goods Store Clinica Hispana Salud ... Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5721419
    Latitude
    29.688532

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    FAQs

    What type of property is this?
    Land - 0.79 Acres, $900,000
    Where is this land located?
    The property is located at 8200 Wilcrest Dr Houston, TX.
    What is the asking price?
    The asking price for this property is $900,000.
    Request Owner's contact information
    8200 Wilcrest Dr Houston, TX 77072
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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
    8200 Wilcrest Dr Houston, TX 77072
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