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    1012 Freeport St Houston, TX 77015

    Sponsored
    For Sale
    $1,095,000

    1.06-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.06-acre commercial land parcel presents a remarkable investment opportunity in Houston, Texas. Located at 1012 Freeport St, 77015, this property boasts significant frontage along Freeport Road (approximately 210 feet), Greensville Street (approximately 202.40 feet), and Bandera Street (approximately 202.40 feet), offering excellent visibility and accessibility. The asking price is $1,095,000, translating to approximately $21.55 per square foot. Utilities including water, electricity, and sewage are readily available. The property's strategic location offers convenient access to major thoroughfares, with proximity to I-10 (approximately 0.5 miles) and Beltway 8 (approximately 2 miles). Furthermore, its location within a thriving residential area, with approximately 700 homes within a 3-mile radius, ensures a strong potential customer base. The property is ideally suited for a variety of commercial developments, including medical buildings, retail centers, fast-food establishments, car washes, or small multi-family residential projects. Nearby schools include Cloverleaf Elementary School (approximately 1 mile), North Shore Middle School, and North Shore High School (both approximately 6 minutes away). This property offers a unique blend of accessibility, visibility, and development potential, making it an attractive investment for discerning buyers. The Harris County location adds to its appeal.

    Property Features for 1012 Freeport St

    General Information

    Property type
    Land
    Lot Size
    46,174 SF

    HighLights

    • $21.55/SF asking price.
    • Utilities include water, electricity, and sewer.
    • Divisible space available.
    • Located within 3 miles of 700 homes.
    • Features approximately 210 feet of frontage on Freeport Road, and approximately 202.40 feet on both Greensville and Bandera Streets.
    • Ideal for medical, retail, fast food, car wash, or small multifamily development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -95.177992787118
    Latitude
    29.777334120932

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    FAQs

    What type of property is this?
    Land - 1.06-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 1012 Freeport St Houston, TX.
    What is the asking price?
    The asking price for this property is $1,095,000.
    What are key features of this property?
    This property features: $21.55/SF asking price.; Utilities include water, electricity, and sewer.; Divisible space available.
    Request Owner's contact information
    1012 Freeport St Houston, TX 77015
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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
    1012 Freeport St Houston, TX 77015
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