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    15734 Farm To Market 2920 Tomball, TX 77377

    For Sale
    $3,838,848

    3.67-acre commercial lot, income-producing.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.67-acre unrestricted commercial lot in Tomball, Texas, presents a compelling investment opportunity. Located on FM 2920 with approximately 938 feet of frontage, this property boasts high visibility and accessibility, situated just one mile from SH-249. The property includes a tenant-occupied, income-producing three-bedroom home (1,016 sq ft, built in 1959, per appraisal district) and four additional exterior buildings, including a metal workshop with a concrete floor. This prime location is surrounded by residential and commercial developments, benefiting from strong growth, high traffic counts, and excellent demographics. Access to public water and sewer is available. The property is not located in a special flood hazard area. Nearby major retailers include Kroger, Target, and Lowe's. The current tenant is willing to extend their lease with a new buyer. City services are available. The lot size is 159,952 square feet (per appraisal district). Asking price is $3,838,848.

    Property Features for 15734 Farm To Market 2920

    General Information

    Property type
    Land
    Lot Size
    159,865 SF

    HighLights

    • One‑story building.
    • Traditional architectural style.
    • Built in 1959.
    • 1,016 square feet (per appraisal district).
    • 159,952 square foot lot (per appraisal district).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tomball
    County
    Harris
    State
    Texas
    Longitude
    -95.659135
    Latitude
    30.083515

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    FAQs

    What type of property is this?
    Land - 3.67-acre commercial lot, income-producing.
    Where is this land located?
    The property is located at 15734 Farm To Market 2920 Tomball, TX.
    What is the asking price?
    The asking price for this property is $3,838,848.
    What are key features of this property?
    This property features: One-story building.; Traditional architectural style.; Built in 1959.
    (281) 858-3451
    Request Owner's contact information
    15734 Farm To Market 2920 Tomball, TX 77377
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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
    15734 Farm To Market 2920 Tomball, TX 77377
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