Property profile

0 North Fwy Houston, TX 77090

OFF-MARKET
Retail properties & Spaces
416,028 SF 2.2 ac lot
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Property summary

AI-generated overview

This exceptional 2.2-acre commercial land parcel boasts unparalleled visibility and accessibility, situated directly on Interstate 45 in Houston, Texas, within Harris County and Spring ISD. The property offers approximately 300 feet of frontage on I-45, providing exceptional exposure to over 200,000 vehicles daily. Additional access points are available via Briargrove Drive (approx. 29 feet) and Blue Ash Drive (approx. 60 feet). The site is conveniently located less than 0.25 miles north of East Airtex Drive, under 2.5 miles south of FM 1960, and approximately 3 miles north of Beltway 8, ensuring easy connectivity throughout the region. Utilities are readily available, and the property is not located within a FEMA-designated flood plain. This high-density area offers a strong residential and commercial population base, making it ideal for a variety of development projects, including retail, multi-family residential, and general commercial uses. The total square footage is 416,028, with a land value of $14 per square foot. The 2021 tax rate was $2.57 per $100 of assessed value. A full demographic package is available upon request. This is a rare opportunity to acquire a prime development site in a thriving Houston location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 416,028 SF
Lot 2.2 ac (95,832 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

North Fwy Houston, TX 77090
Houston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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