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    On Fh 517 Webster, TX 77598

    For Sale
    $695,000

    2.32 Acres, High Traffic, $695,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.32-acre commercial land parcel presents a remarkable investment opportunity in the thriving Webster, Texas market. Strategically located on FM 517, this property boasts 112 feet of frontage on a major thoroughfare with a daily traffic count of 17,000 vehicles. The property is zoned for Neighborhood Commercial use, making it ideal for a variety of retail or office developments. Its central location offers easy access to key transportation arteries, including Interstate 45 and FM 646, ensuring high visibility and convenient access for customers and employees. Utilities, including sewer and water, are readily available. Situated in the desirable League City area, this site benefits from strong demographics and a robust local economy. The survey indicates approximately 2.5 acres of land, providing ample space for a freestanding building or a multi-tenant development. This is a rare opportunity to acquire a well-positioned commercial lot in a high-growth area, offering significant potential for long-term appreciation and strong rental income. The asking price is $695,000. The property is located in Harris County, Texas, with a zip code of 77598.

    Property Features for 0 On Fh 517

    General Information

    Property type
    Land
    Lot Size
    100,188 SF

    HighLights

    • 2.5‑acre site (per survey)
    • 17,000 cars per day (FM 517)
    • Excellent retail/office freestanding building site
    • 112 feet of frontage on FM 517
    • Neighborhood Commercial zoning
    • Strong demographics in League City
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Webster
    County
    Harris
    State
    Texas
    Longitude
    -95.086583
    Latitude
    29.445806

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    FAQs

    What type of property is this?
    Land - 2.32 Acres, High Traffic, $695,000
    Where is this land located?
    The property is located at On Fh 517 Webster, TX.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 2.5-acre site (per survey); 17,000 cars per day (FM 517); Excellent retail/office freestanding building site
    Request Owner's contact information
    On Fh 517 Webster, TX 77598
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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

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    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
    On Fh 517 Webster, TX 77598
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