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    Blackhaw St Houston, TX 77079

    For Sale
    $7,230,960

    Prime Houston location, development ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This ±4.15-acre commercial land tract is ideally situated in Houston's Energy Corridor, offering exceptional development potential. Priced at $7,230,960 ($40/SF), this utility-served property boasts a strategic location just off I-10's Katy Freeway, experiencing high daily traffic counts (297,928 vehicles per day near the North Eldridge Parkway intersection). Its proximity to major employers like Shell and ConocoPhillips, along with a high-income residential population (average $135,336 household income within a 3-mile radius), makes it highly attractive for various developments. The site is conveniently located near the Hyatt Regency and MD Anderson Cancer Center of West Houston, further enhancing its desirability. Importantly, the land is outside the 500-year floodplain, minimizing development risks. Suitable for office, hospitality, or residential projects, this tract presents a compelling investment opportunity in a thriving Houston submarket. The property is located at Blackhaw St, Houston, TX 77079, in Harris County.

    Property Features for 0 Blackhaw St

    General Information

    Property type
    Land
    Lot Size
    180,774 SF

    HighLights

    • ±4.15‑acre commercial land tract in Houston's Energy Corridor, priced at $7,230,960 ($40/SF).
    • Strategically located off I‑10's Katy Freeway with high daily traffic counts (297,928 vehicles near North Eldridge Parkway).
    • Proximity to major employers (Shell, ConocoPhillips) and high‑income residential areas (average $135,336 household income within 3 miles).
    • Near Hyatt Regency and MD Anderson Cancer Center of West Houston.
    • Located outside the 500‑year floodplain.
    • Suitable for office, hospitality, or residential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.62080621264
    Latitude
    29.787631652661

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    FAQs

    What type of property is this?
    Land - Prime Houston location, development ready
    Where is this land located?
    The property is located at Blackhaw St Houston, TX.
    What is the asking price?
    The asking price for this property is $7,230,960.
    What are key features of this property?
    This property features: ±4.15-acre commercial land tract in Houston's Energy Corridor, priced at $7,230,960 ($40/SF).; Strategically located off I-10's Katy Freeway with high daily traffic counts (297,928 vehicles near North Eldridge Parkway).; Proximity to major employers (Shell, ConocoPhillips) and high-income residential areas (average $135,336 household income within 3 miles).
    (713) 438-9516
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    Blackhaw St Houston, TX 77079
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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
    Blackhaw St Houston, TX 77079
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