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    1960 @ Cypress Slough Houston, TX 77073

    For Sale
    $11,907,561

    Prime 16-acre commercial/industrial land. High visibility, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 16.08-acre tract of land presents a remarkable investment opportunity in Houston, Texas. Strategically located at the intersection of FM 1960 and Cypress Slough, this property boasts significant frontage: approximately 465 feet along FM 1960 and approximately 1,558 feet along Cypress Slough, ensuring high visibility and accessibility. The land is zoned for commercial and industrial uses, offering versatility for a wide range of development projects. All utilities are available on-site, simplifying the development process. The property also features off-site detention, addressing crucial infrastructure needs. The asking price is $11,907,561, translating to a land value of $17 per square foot. Located in Harris County, with a Houston, TX 77073 zip code, this property offers unparalleled potential for businesses seeking a prominent location with excellent access and infrastructure. The coordinates are 30.0240859 latitude and -95.4178459 longitude. This is a rare opportunity to acquire a substantial parcel of land in a thriving Houston market.

    Property Features for 1960 @ Cypress Slough

    General Information

    Property type
    Land
    Lot Size
    700,445 SF

    HighLights

    • $11,907,561 asking price for 16.08 acres of commercial/industrial land.
    • Located in Houston, Harris County, Texas, at FM 1960 & Cypress Slough (zip code 77073).
    • Land value: $17 per square foot.
    • Features approximately 465 feet of frontage on FM 1960 and approximately 1,558 feet of frontage on Cypress Slough.
    • Includes off‑site detention and full utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4178459
    Latitude
    30.0240859

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    FAQs

    What type of property is this?
    Land - Prime 16-acre commercial/industrial land. High visibility, excellent access.
    Where is this land located?
    The property is located at 1960 @ Cypress Slough Houston, TX.
    What is the asking price?
    The asking price for this property is $11,907,561.
    What are key features of this property?
    This property features: $11,907,561 asking price for 16.08 acres of commercial/industrial land.; Located in Houston, Harris County, Texas, at FM 1960 & Cypress Slough (zip code 77073).; Land value: $17 per square foot.
    Request Owner's contact information
    1960 @ Cypress Slough Houston, TX 77073
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    Houston, TX 77073
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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
    1960 @ Cypress Slough Houston, TX 77073
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