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    12230 Almeda Rd Houston, TX 77045

    For Lease
    Contact for pricing

    Prime Houston land, 0.88 acres, high visibility.

    Lot size:
    38,333 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional ground lease opportunity presents 0.88 acres of commercially zoned land in Houston's thriving Harem Clarke area. The property boasts 345 square feet of frontage on Almeda Road, ensuring high visibility and accessibility for any commercial venture. Located at 12230 Almeda Rd, Houston, TX 77045, in Harris County, this strategically positioned lot offers significant potential for development. The property is served by readily available utilities, including water, sewer, and power at the street. This presents a significant advantage, streamlining the development process and reducing initial infrastructure costs. Furthermore, there's an option to expand the property by up to an additional 0.25 acres on the adjacent lot to the south, providing flexibility for future growth and expansion. This prime location, coupled with the potential for expansion and existing utility access, makes this a truly compelling investment opportunity in a rapidly developing area of Houston. The single tenancy nature of the ground lease provides a straightforward and easily managed investment. This is an ideal opportunity for developers seeking a high-visibility location with expansion potential in a dynamic market.

    Property Features for 12230 Almeda Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,333 SF

    Unit(s) available at that property

    Space
    Size
    38,333 SF

    HighLights

    • Ground lease opportunity on a 345' x 112' rectangular lot fronting Almeda Road.
    • Adjacent to a new multi‑tenant retail building on Almeda Road.
    • Neighboring an established multi‑tenant building on Almeda Road.
    • Located behind new townhomes and near the Almeda Plaza neighborhood.
    • Situated outside the flood plain.
    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
    -95.411775689355
    Latitude
    29.633038348146

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    FAQs

    What type of property is this?
    Land - Prime Houston land, 0.88 acres, high visibility.
    Where is this land located?
    The property is located at 12230 Almeda Rd Houston, TX.
    What are key features of this property?
    This property features: Ground lease opportunity on a 345' x 112' rectangular lot fronting Almeda Road.; Adjacent to a new multi-tenant retail building on Almeda Road.; Neighboring an established multi-tenant building on Almeda Road.
    Request Owner's contact information
    12230 Almeda Rd Houston, TX 77045
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    Houston, TX 77045
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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
    12230 Almeda Rd Houston, TX 77045
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