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    Michel Rd Tomball, TX 77375

    For Sale
    $3,700,000

    10 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 10.152-acre commercial land parcel presents a remarkable investment opportunity in the thriving Tomball Medical District of Harris County, Texas. Located at 0 Michel Rd, Tomball, TX 77375 (APN 043-044-000-0188), this property boasts a strategic position just blocks from Tomball Hospital (HCA Houston Healthcare Tomball), numerous other medical facilities, a variety of restaurants, and convenient shopping options. The land's versatility makes it ideal for a wide range of development projects, including a medical facility, medical office condominiums, a substantial retail development, or a multi-family residential complex. The asking price is $3,700,000, translating to a land value of $8.36 per square foot. All necessary utilities are readily available to the site. A comprehensive survey of the property is available upon request, providing detailed information for potential developers. This prime location and the diverse development possibilities make this a truly exceptional opportunity for investors seeking significant returns in a rapidly growing area. Don't miss this chance to acquire a substantial tract of land in the heart of Tomball's burgeoning medical and commercial hub.

    Property Features for 0 Michel Rd

    General Information

    Property type
    Land
    Lot Size
    442,221 SF

    HighLights

    • $3,700,000 asking price
    • 10.152‑acre commercial land parcel
    • Located in Tomball, TX, 77375, Harris County
    • $8.36/SF land value
    • APN: 043‑044‑000‑0188
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tomball
    County
    Harris
    State
    Texas
    Longitude
    -95.624457967721
    Latitude
    30.082409437945

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    FAQs

    What type of property is this?
    Land - 10 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Michel Rd Tomball, TX.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: $3,700,000 asking price; 10.152-acre commercial land parcel; Located in Tomball, TX, 77375, Harris County
    Request Owner's contact information
    Michel Rd Tomball, TX 77375
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    Tomball, TX 77375
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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
    Michel Rd Tomball, TX 77375
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