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    6897 Ardmore St Houston, TX 77054

    For Sale
    $6,000,000

    2.34-acre commercial/industrial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.34-acre land parcel, located at 6897 Ardmore St in Houston, Texas (zip code 77054), presents a unique investment opportunity. Situated in Harris County, this property is zoned for both commercial and industrial uses, offering significant flexibility for development. The asking price is $6,000,000. Its strategic location within the Medical Center submarket provides unparalleled access to major medical facilities, hospitals, and research institutions, making it highly attractive for businesses serving the healthcare sector or those seeking proximity to a large, skilled workforce. The site benefits from convenient access to vital transportation arteries and essential amenities, ensuring seamless operations and convenient commutes. Furthermore, the property's location offers inherent resilience to economic fluctuations due to the consistent demand within the healthcare industry. Crucially, this land is not located within a floodplain and is serviced by City of Houston utilities. This prime central location, combined with its versatile zoning and advantageous surroundings, makes this property an exceptional investment prospect with significant long-term potential.

    Property Features for 6897 Ardmore St

    General Information

    Property type
    Land
    Lot Size
    101,930 SF

    HighLights

    • 2.34‑acre land parcel in Houston, TX (77054), priced at $6,000,000.
    • Commercial and industrial zoning in Harris County.
    • Prime Medical Center submarket location, offering proximity to major medical facilities and a skilled workforce.
    • Excellent access to transportation and amenities.
    • Resilient investment due to consistent healthcare industry demand; not in a floodplain and serviced by City of Houston utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.37658026011
    Latitude
    29.698491331218

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    FAQs

    What type of property is this?
    Land - 2.34-acre commercial/industrial lot.
    Where is this land located?
    The property is located at 6897 Ardmore St Houston, TX.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: 2.34-acre land parcel in Houston, TX (77054), priced at $6,000,000.; Commercial and industrial zoning in Harris County.; Prime Medical Center submarket location, offering proximity to major medical facilities and a skilled workforce.
    Request Owner's contact information
    6897 Ardmore St Houston, TX 77054
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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
    6897 Ardmore St Houston, TX 77054
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