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    North Fwy Houston, TX 77073

    For Sale
    $7,129,900

    7.44 Acres, Prime Houston Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7.44-acre commercial land parcel presents a remarkable investment opportunity in Houston, Texas. Strategically located at the corner of I-45 and Cypress Preserve, this property boasts significant frontage on both major thoroughfares: approximately 711 feet along Cypress Preserve and approximately 613 feet along the I-45 Service Road. The high visibility and accessibility afforded by this location make it ideal for a wide range of commercial developments. The asking price is $7,129,900, translating to a land value of $22 per square foot. This prime real estate offers significant development potential, enhanced by the availability of full utilities and the absence of any required detention. The property is situated in Harris County, Texas, with a zip code of 77073, providing easy access to major transportation arteries and a thriving business community. The substantial lot size and prime location combine to create an unparalleled opportunity for investors seeking high-impact commercial development in a rapidly growing area of Houston. This is a rare chance to acquire a large, well-situated parcel with minimal development hurdles, promising significant returns on investment. Detailed site plans and further information are available upon request.

    Property Features for 0 North Fwy

    General Information

    Property type
    Land
    Lot Size
    324,086 SF

    HighLights

    • 711 feet of frontage on Cypress Preserve.
    • 613 feet of frontage on I‑45 Service Road.
    • No detention pond required.
    • Full utilities available.
    • Prime corner location at I‑45 and Cypress Preserve.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.425004
    Latitude
    29.9960128

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    FAQs

    What type of property is this?
    Land - 7.44 Acres, Prime Houston Location
    Where is this land located?
    The property is located at North Fwy Houston, TX.
    What is the asking price?
    The asking price for this property is $7,129,900.
    What are key features of this property?
    This property features: 711 feet of frontage on Cypress Preserve.; 613 feet of frontage on I-45 Service Road.; No detention pond required.
    (713) 690-0000
    Request Owner's contact information
    North Fwy Houston, TX 77073
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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
    North Fwy Houston, TX 77073
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