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    Eastex Fwy Houston, TX 77039

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    For Sale
    Contact for pricing

    Houston acreage, Hwy 59 frontage. Excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.46-acre commercial land parcel presents a unique investment opportunity in Houston, Texas. Strategically located off Eastex Freeway (Highway 59) and Hamill Road in Harris County, zip code 77039, this property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility. The site is situated outside the Houston city limits, offering potential advantages in terms of zoning and development regulations. Detailed site analysis confirms the land is not located within a designated floodplain, mitigating potential flood-related risks. Utilities are readily available through the Pine Village Public Utility District (PUD), simplifying infrastructure connections for future development. The property's convenient location provides quick access to Beltway 8, a major Houston loop, enhancing connectivity to the wider metropolitan area and facilitating efficient transportation of goods and services. This expansive tract offers considerable potential for a variety of commercial uses, making it an attractive proposition for developers and investors seeking a prime location with excellent infrastructure and accessibility. The latitude and longitude coordinates are 29.9122149, -95.3094248.

    Property Features for 0 Eastex Fwy

    General Information

    Property type
    Land
    Lot Size
    237,838 SF

    HighLights

    • ±5.46‑acre commercial land parcel
    • Not located in a floodplain
    • Utilities available through Pine Village PUD
    • Located outside Houston city limits
    • Frontage on Hwy. 59 and Hamill Rd.
    • Quick access to Beltway 8
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3094248
    Latitude
    29.9122149

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    FAQs

    What type of property is this?
    Land - Houston acreage, Hwy 59 frontage. Excellent access.
    Where is this land located?
    The property is located at Eastex Fwy Houston, TX.
    What are key features of this property?
    This property features: ±5.46-acre commercial land parcel; Not located in a floodplain; Utilities available through Pine Village PUD
    Request Owner's contact information
    Eastex Fwy Houston, TX 77039
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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
    Eastex Fwy Houston, TX 77039
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