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    Houston Tx 77045 Orem Dr Houston, TX 77047

    For Lease
    $1.08 SF/Yr

    Prime 36,857 sq ft lot, single tenant.

    Lot size:
    36,857 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 36,857 square foot commercial land parcel presents a unique investment opportunity in Houston, Texas. Located at 0 West Orem Dr., Houston, TX 77047, within Harris County, this single-tenant property offers unparalleled versatility. Its strategic location ensures high visibility and accessibility, situated in a high-traffic area with proximity to major highways and public transportation. The ample space allows for diverse building configurations, catering to a wide range of business ventures. Whether you envision a retail establishment, office space, restaurant, or mixed-use development, this lot provides the foundation for a thriving enterprise. The property's potential is further enhanced by its location in a burgeoning area, promising significant future growth and return on investment. This is a rare chance to acquire a prime commercial property that perfectly aligns with your business objectives and sets the stage for long-term success. The property is zoned for commercial use. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a piece of Houston's vibrant commercial landscape.

    Property Features for Houston Tx 77045 Orem Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,857 SF

    Unit(s) available at that property

    Space
    Size
    36,857 SF
    Rate per SF
    $1.08

    HighLights

    • 36,857 square foot commercial land parcel in Houston, TX.
    • Located at 0 West Orem Dr., Houston, TX 77047, in Harris County.
    • High visibility and accessibility in a high‑traffic area near major highways and public transit.
    • Suitable for various uses including retail, office, restaurant, or mixed‑use development.
    • Zoned for commercial use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.457411021018
    Latitude
    29.627277589726

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    FAQs

    What type of property is this?
    Land - Prime 36,857 sq ft lot, single tenant.
    Where is this land located?
    The property is located at Houston Tx 77045 Orem Dr Houston, TX.
    What is the lease rate?
    The lease rate is $1.08 SF/Yr.
    What are key features of this property?
    This property features: 36,857 square foot commercial land parcel in Houston, TX.; Located at 0 West Orem Dr., Houston, TX 77047, in Harris County.; High visibility and accessibility in a high-traffic area near major highways and public transit.
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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
    Houston Tx 77045 Orem Dr Houston, TX 77047
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