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    Castlebridge Dr Jersey Village, TX 77065

    Sponsored
    For Sale
    Contact for pricing

    5.98-acre commercial property, excellent potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.98-acre commercial property, located at 0 Castlebridge Drive in Jersey Village, Texas (zip code 77065), presents a unique investment opportunity. Situated in Harris County, this multifamily and office-zoned property boasts a prime location between N Eldridge Parkway and West Rd, just off Hwy 290, ensuring convenient access. The property is zoned for Jersey Village and is not located within a floodplain, mitigating potential risks. The site includes a cell tower, adding a significant revenue stream. Utilities are provided by the City of Jersey Village. Given its size and zoning, the property offers diverse development potential. Considerable opportunities exist for commercial development, office space, multi-family residential construction, or even senior housing. The expansive lot size provides ample space for a large-scale project. This property is being offered for sale and represents a compelling investment in a thriving Texas market. Its strategic location and versatile zoning make it an ideal choice for developers seeking a high-return opportunity. The existing cell tower further enhances the investment potential.

    Property Features for 0 Castlebridge Dr

    General Information

    Property type
    Multifamily properties
    Lot Size
    260,489 SF

    HighLights

    • 5.98‑acre land parcel.
    • No floodplain designation.
    • Suitable for commercial, office, multi‑family, or senior housing development.
    • Jersey Village zoning.
    • Excellent access via N Eldridge Parkway and West Rd, near Hwy 290.
    • City of Jersey Village utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jersey Village
    County
    Harris
    State
    Texas
    Longitude
    -95.5960391
    Latitude
    29.9034777

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    FAQs

    What type of property is this?
    Multifamily property - 5.98-acre commercial property, excellent potential.
    Where is this multifamily property located?
    The property is located at Castlebridge Dr Jersey Village, TX.
    What are key features of this property?
    This property features: 5.98-acre land parcel.; No floodplain designation.; Suitable for commercial, office, multi-family, or senior housing development.
    Request Owner's contact information
    Castlebridge Dr Jersey Village, TX 77065
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    Jersey Village, TX 77065
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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
    Castlebridge Dr Jersey Village, TX 77065
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