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    Orem Houston, TX 77047

    For Sale
    Contact for pricing

    Prime 34-acre industrial development site in Houston, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 34.068-acre industrial development site presents a unique opportunity for significant growth. Located in Houston, Texas, with convenient access via West Orem and zip code 77047, this property boasts an ideal location within Harris County. The site is zoned NZ, allowing for a variety of industrial development projects. Utilities are readily available through MUD 390, ensuring seamless infrastructure integration. The property's strategic position offers excellent access to the Texas Medical Center, major freeways, and the Inside Beltway Toll road, providing unparalleled connectivity for logistics and distribution. Its proximity to key shipping points further enhances its operational efficiency. A detailed survey confirms the 34.068-acre lot size. Build-to-suit services are available for industrial users, offering flexibility and customization options. Contact us for pricing and to explore the potential of this remarkable development opportunity. The ownership entity is Rhone 34 LP.

    Property Features for 0 Orem

    General Information

    Property type
    Land
    Lot Size
    1,484,002 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.390350560141
    Latitude
    29.627860770682

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    FAQs

    What type of property is this?
    Land - Prime 34-acre industrial development site in Houston, TX.
    Where is this land located?
    The property is located at Orem Houston, TX.
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    Orem Houston, TX 77047
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    Houston, TX 77047
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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
    Orem Houston, TX 77047
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