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    Rd & Castlebridge Dr Jersey Village, TX 77065

    For Sale
    Contact for pricing

    Prime 2.72-acre storefront development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.72-acre commercial land parcel, situated at the Northwest corner of West Road and Castlebridge Drive in Houston, Texas (zip code 77065, Harris County), presents a unique investment opportunity. The property is ideally suited for development, offering four available pad sites for ground lease. Each pad offers significant potential for retail businesses, capitalizing on its strategic location with convenient access to Northwest Freeway/US Highway 290. The land value is estimated at $30-$32 per square foot. Detailed financial projections for each pad are available upon request. Pad A commands a monthly ground lease of $4,450, Pad B at $3,950, Pad C at $4,100, and Pad D at $5,500. This prime location in the thriving Jersey Village area of Houston offers high visibility and accessibility, making it an attractive proposition for investors seeking strong returns. The property's size and configuration allow for flexibility in development plans, catering to a variety of retail concepts. This is a rare opportunity to acquire a substantial land parcel in a high-growth area with established infrastructure and strong demographics. Don't miss this chance to secure a piece of Houston's vibrant commercial landscape.

    Property Features for 0 Rd & Castlebridge Dr

    General Information

    Property type
    Individual retail properties
    Lot Size
    118,483 SF

    HighLights

    • 2.72‑acre land parcel in Houston, TX, suitable for retail development.
    • Four available pad sites for ground lease, ranging from $3,950 to $5,500 per month.
    • Land value: $30-$32 per square foot.
    • Located at the Northwest corner of West Road and Castlebridge Drive in Jersey Village, Harris County, TX (77065).
    • Excellent access to Northwest Freeway (US Hwy 290).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Jersey Village
    County
    Harris
    State
    Texas
    Longitude
    -95.5958918
    Latitude
    29.9033147

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    Nearby Similar for Sale

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      5.98 Acres

      Prime Jersey Village Multifamily/Office

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    FAQs

    What type of property is this?
    Individual retail property - Prime 2.72-acre storefront development site.
    Where is this individual retail property located?
    The property is located at Rd & Castlebridge Dr Jersey Village, TX.
    What are key features of this property?
    This property features: 2.72-acre land parcel in Houston, TX, suitable for retail development.; Four available pad sites for ground lease, ranging from $3,950 to $5,500 per month.; Land value: $30-$32 per square foot.
    Request Owner's contact information
    Rd & Castlebridge Dr Jersey Village, TX 77065
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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
    Rd & Castlebridge Dr Jersey Village, TX 77065
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