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    Lake Houston Pkwy Houston, TX 77044

    Sponsored
    For Sale
    $1,600,000

    Unrestricted Land, Beltway 8 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 9.998-acre commercial, industrial, and residential land parcel is ideally situated in Houston, Texas, at 0 North Lake Houston Parkway, zip code 77044, within Harris County. Offered at $1,600,000 ($16,000/acre), this unrestricted property boasts approximately 486 feet of frontage on North Lake Houston Parkway, providing excellent visibility and accessibility. The location offers convenient access to Beltway 8, connecting to I-59 (I-69), facilitating seamless transportation throughout the region. The property's strategic position benefits from proximity to significant developments, including the rapidly expanding Generation Park to the north and the established Summerwood community. The area is experiencing substantial growth, with numerous new apartment complexes under construction, creating a strong demand for various commercial and residential uses. The property's unrestricted zoning allows for a wide range of development possibilities, making it suitable for self-storage facilities, warehousing, or even leisure-oriented projects. This presents a unique opportunity for investors seeking a prime location with high growth potential in a thriving Houston market. The property is for sale by owner.

    Property Features for 0 Lake Houston Pkwy

    General Information

    Property type
    Land
    Lot Size
    435,513 SF

    HighLights

    • 9.998‑acre unrestricted commercial, industrial, and residential land parcel in Houston, TX.
    • Located at 0 North Lake Houston Parkway, 77044, Harris County.
    • Priced at $1,600,000 ($16,000/acre), offering 486 feet of frontage on North Lake Houston Parkway.
    • Excellent access to Beltway 8 and I‑59/I‑69, near Generation Park and Summerwood.
    • High growth area with new residential development, allowing for diverse development options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.228817
    Latitude
    29.895118

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    FAQs

    What type of property is this?
    Land - Unrestricted Land, Beltway 8 Access
    Where is this land located?
    The property is located at Lake Houston Pkwy Houston, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 9.998-acre unrestricted commercial, industrial, and residential land parcel in Houston, TX.; Located at 0 North Lake Houston Parkway, 77044, Harris County.; Priced at $1,600,000 ($16,000/acre), offering 486 feet of frontage on North Lake Houston Parkway.
    Request Owner's contact information
    Lake Houston Pkwy Houston, TX 77044
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    Houston, TX 77044
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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
    Lake Houston Pkwy Houston, TX 77044
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