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    Grand Pkwy Houston, TX 77494

    Sponsored
    For Sale
    Contact for pricing

    ±159 Acres, Prime Houston Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ±159.2687-acre tract of land presents a remarkable investment opportunity in Northwest Houston. Strategically located in Harris County, near Katy, with frontage along the Grand Parkway and Clay Road, this property boasts unparalleled visibility and accessibility. Its location within the rapidly expanding Katy Independent School District is a significant advantage, attracting both residential and commercial development. The land is surrounded by several master-planned communities, indicating a strong existing and projected population base. This prime location ensures high traffic counts and significant exposure for any future development. The property's size and versatility allow for a wide range of development possibilities, from large-scale commercial ventures to residential subdivisions, or a mixed-use development capitalizing on the area's growth. The expansive acreage offers ample space for substantial projects, catering to the increasing demand for land in this thriving area of Northwest Houston. The property's zoning and potential uses should be verified independently. The lot size is approximately 159.27 acres, though the exact acreage should be verified by a qualified surveyor. This is a rare opportunity to acquire a significant land parcel in a high-growth area with excellent access and visibility. The property is ideally situated to benefit from the continued expansion and development of the surrounding area.

    Property Features for 0 Grand Pkwy

    General Information

    Property type
    Land
    Lot Size
    3,333,211 SF

    HighLights

    • Grand Parkway and Clay Road frontage.
    • Prime location within a rapidly developing area.
    • Surrounded by established master‑planned communities.
    • Excellent Grand Parkway visibility.
    • Katy ISD schools.
    • Harris County location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Katy Area Economic ... Economic Development Agency Discount Tire Tire Shop Palios Pizza (Halal) Pizza Restaurant Intoxalock Ignition Interlock Manufacturer ECO2 Office Blueprint Service

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.757017
    Latitude
    29.838662

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    FAQs

    What type of property is this?
    Land - ±159 Acres, Prime Houston Location
    Where is this land located?
    The property is located at Grand Pkwy Houston, TX.
    What are key features of this property?
    This property features: Grand Parkway and Clay Road frontage.; Prime location within a rapidly developing area.; Surrounded by established master-planned communities.
    Request Owner's contact information
    Grand Pkwy Houston, TX 77494
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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
    Grand Pkwy Houston, TX 77494
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