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    Seq Fm 1960 & Nanes Dr Houston, TX 77090

    For Sale
    $895,000

    Prime 1-acre Houston commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Houston, Texas. Strategically located at the intersection of FM 1960 and Nanes Drive in Harris County, zip code 77090, this unrestricted property boasts approximately 160 feet of frontage on the heavily trafficked FM 1960. The lot offers significant depth, measuring approximately 300 feet. Its convenient location provides easy access to I-45, situated just one mile to the west, ensuring high visibility and accessibility for any commercial venture. The property is not located within a floodplain, mitigating risk and offering peace of mind. Furthermore, essential utilities are readily available through Harris County Municipal Utility District 86. A 30-foot right-of-way to Nanes Drive ensures convenient access and maneuverability. This versatile lot is ideal for a wide range of commercial developments, offering significant potential for growth and return on investment. The asking price is $895,000. Don't miss this chance to acquire a prime piece of Houston real estate.

    Property Features for 0 Seq Fm 1960 & Nanes Dr

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Houston, TX (77090) at FM 1960 & Nanes Drive.
    • 160 ft of FM 1960 frontage.
    • Approximately 300 ft deep.
    • 1 mile west of I‑45.
    • Unrestricted zoning.
    • Not located in a floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4471254
    Latitude
    30.0157815

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    FAQs

    What type of property is this?
    Land - Prime 1-acre Houston commercial lot.
    Where is this land located?
    The property is located at Seq Fm 1960 & Nanes Dr Houston, TX.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 1-acre commercial lot in Houston, TX (77090) at FM 1960 & Nanes Drive.; 160 ft of FM 1960 frontage.; Approximately 300 ft deep.
    (713) 690-0000
    Request Owner's contact information
    Seq Fm 1960 & Nanes Dr Houston, TX 77090
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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
    Seq Fm 1960 & Nanes Dr Houston, TX 77090
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