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    24750 Ford Rd Porter, TX 77365

    For Sale
    $550,000

    Prime 1.1-acre commercial lot in Porter, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.103-acre commercial land parcel presents a remarkable investment opportunity in the rapidly developing Porter, Texas area. Strategically located near the intersection of Mills Branch and Ford Road, just west of West Lake Houston Parkway, this property benefits from high visibility and convenient access. Ford Road is undergoing significant expansion, transforming into a five-lane roadway extending from Highway 59/69, promising increased traffic flow and enhanced accessibility. This development is poised to cater to the growing demand for retail, shopping, and office spaces in the area. The property's location within an Opportunity Zone further enhances its investment appeal. Previously utilized as a nightclub, the site offers a blank canvas for a diverse range of commercial or even residential development projects. Two driveways directly facing Ford Road provide ample access. With a traffic count of 5,254 vehicles daily on Ford Road and Mills Branch, this location guarantees substantial exposure for any future business. This is an exceptional chance to capitalize on the burgeoning growth of this dynamic area. The property's size and location make it ideal for a variety of uses, offering significant potential for return on investment.

    Property Features for 24750 Ford Rd

    General Information

    Property type
    Land
    Lot Size
    48,047 SF

    HighLights

    • Former nightclub, ideal for adaptive reuse as retail, office, or residential space.
    • High traffic count: 5,254 vehicles daily on Ford Road and Mills Branch.
    • Two driveways provide convenient access from Ford Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    County Lyne Bar Bar

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Porter
    County
    Montgomery
    State
    Texas
    Longitude
    -95.1958038
    Latitude
    30.0901769

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    FAQs

    What type of property is this?
    Land - Prime 1.1-acre commercial lot in Porter, TX.
    Where is this land located?
    The property is located at 24750 Ford Rd Porter, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Former nightclub, ideal for adaptive reuse as retail, office, or residential space.; High traffic count: 5,254 vehicles daily on Ford Road and Mills Branch.; Two driveways provide convenient access from Ford Road.
    Request Owner's contact information
    24750 Ford Rd Porter, TX 77365
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    Porter, TX 77365
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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
    24750 Ford Rd Porter, TX 77365
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