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    8812 Cypress Creek Pkwy Houston, TX 77069

    For Sale
    $14,000,000

    Three acres, $14M, high-income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional three-acre commercial land parcel, located at 8812 Cypress Creek Pkwy in Houston, Texas (zip code 77069), is offered at $14,000,000. Currently operating as a stabilized and fenced RV storage lot generating approximately $5,000 in monthly income, this property presents a unique dual opportunity. The existing business provides immediate cash flow, while the site's zoning and location are ideal for the development of a planned 20,000 square foot office park. Preliminary architectural drawings for this development have already been completed. Situated along FM 1960 (also known as Cypress Creek Pkwy), this property benefits from its prime location within a rapidly developing area of Harris County. While utilities are readily accessible nearby, the property currently shares a well and septic system with adjacent parcels. This presents a rare chance to acquire a substantial land holding in a high-growth area with existing income and significant future development potential. The lot size is 20,000 square feet.

    Property Features for 8812 Cypress Creek Pkwy

    General Information

    Property type
    Land

    HighLights

    • $14,000,000 asking price for 20,000 SF commercial land.
    • Existing RV storage lot generating approximately $5,000 monthly income.
    • Initial plans for a 20,000 SF office park are complete.
    • Three‑acre site on prime FM 1960 (Cypress Creek Pkwy) location.
    • Significant new development in the immediate area.
    • Shared well and septic with adjacent properties; utilities nearby.
    Property Profile Insight Report 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 Hair Salon Auto Repair Shop 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
    -95.5249863
    Latitude
    29.991318

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    FAQs

    What type of property is this?
    Land - Three acres, $14M, high-income potential.
    Where is this land located?
    The property is located at 8812 Cypress Creek Pkwy Houston, TX.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: $14,000,000 asking price for 20,000 SF commercial land.; Existing RV storage lot generating approximately $5,000 monthly income.; Initial plans for a 20,000 SF office park are complete.
    (713) 540-9116
    Request Owner's contact information
    8812 Cypress Creek Pkwy Houston, TX 77069
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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
    8812 Cypress Creek Pkwy Houston, TX 77069
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