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    22940 Imperial Valley Dr Houston, TX 77073

    For Sale
    $2,600,000

    Prime 10-acre commercial lot with existing building.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10.38-acre commercial land parcel presents a unique investment opportunity in Houston, Texas. Located at 22940 Imperial Valley Dr, in Harris County, zip code 77073, this property boasts an existing +/- 2,100 square foot improvement currently under a short-term lease, generating immediate income potential. The property's strategic location offers unparalleled access to major transportation arteries, including proximity to FM 1960 (approximately 0.4 miles), I-45 (approximately 0.5 miles), and the Hardy Toll Road (approximately 1.4 miles). This advantageous positioning ensures high visibility and convenient access for businesses and commuters alike. The substantial lot size provides ample space for future development or expansion, catering to a wide range of commercial ventures. The asking price for this exceptional property is $2,600,000. This presents a rare chance to acquire a well-situated commercial land parcel with existing income-generating potential in a rapidly growing area of Houston. Don't miss this opportunity to secure a prime piece of Houston real estate.

    Property Features for 22940 Imperial Valley Dr

    General Information

    Property type
    Land
    Lot Size
    452,153 SF

    HighLights

    • $2,600,000 asking price.
    • 10.38‑acre commercial land parcel.
    • Existing 2,100 SF income‑producing building with a short‑term lease.
    • Excellent location: 0.4 miles from FM 1960, 0.5 miles from I‑45, and 1.4 miles from Hardy Toll Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GATO TIRE SHOP Tire Shop El pulgarsito mix ... Restaurant

    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
    -95.4207311
    Latitude
    30.0294723

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    FAQs

    What type of property is this?
    Land - Prime 10-acre commercial lot with existing building.
    Where is this land located?
    The property is located at 22940 Imperial Valley Dr Houston, TX.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: $2,600,000 asking price.; 10.38-acre commercial land parcel.; Existing 2,100 SF income-producing building with a short-term lease.
    Request Owner's contact information
    22940 Imperial Valley Dr Houston, TX 77073
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    Houston, TX 77073
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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
    22940 Imperial Valley Dr Houston, TX 77073
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