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    1702 Sakowitz St Houston, TX 77020

    Sponsored
    For Sale
    Contact for pricing

    Prime Houston land, ideal for development. Excellent location & utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 5.6-acre commercial and industrial land parcel presents a unique investment opportunity in the heart of Houston's Greater Fifth Ward. Situated at 1702 Sakowitz St, Houston, TX 77020, this urban infill site boasts convenient access to major transportation arteries. The property benefits from full utilities, ensuring seamless development. Its strategic location places it just one block from I-10 East and Lockwood, providing easy access to the city's extensive highway network. Furthermore, a Metro Bus Substation is located within a single block, enhancing accessibility for employees and customers. This property is designated as a Qualified Opportunity Zone, offering significant tax advantages for eligible investors. The substantial lot size provides ample space for a variety of commercial or industrial developments, making it an attractive prospect for businesses seeking a prime location in a rapidly growing area of Houston, Harris County. The property's address is 1702 Sakowitz St, Houston, TX 77020.

    Property Features for 1702 Sakowitz St

    General Information

    Property type
    Land
    Lot Size
    243,936 SF

    HighLights

    • 5.6‑acre commercial and industrial land parcel in Houston's Greater Fifth Ward.
    • Located at 1702 Sakowitz St, Houston, TX 77020, one block from I‑10 East and Lockwood.
    • Full utilities available.
    • One block from a Metro Bus Substation.
    • Qualified Opportunity Zone designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wendy OnTheGo Greater ... Home Goods Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.313539785311
    Latitude
    29.778349725173

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    FAQs

    What type of property is this?
    Land - Prime Houston land, ideal for development. Excellent location & utilities.
    Where is this land located?
    The property is located at 1702 Sakowitz St Houston, TX.
    What are key features of this property?
    This property features: 5.6-acre commercial and industrial land parcel in Houston's Greater Fifth Ward.; Located at 1702 Sakowitz St, Houston, TX 77020, one block from I-10 East and Lockwood.; Full utilities available.
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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
    1702 Sakowitz St Houston, TX 77020
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