Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    14170 Fayridge Dr Houston, TX 77048

    • Land
    • 2.06 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 14170 Fayridge Dr

    Lot size
    2.06 lot acres
    Property type
    Land

    Description

    This exceptional 2.063-acre commercial land parcel presents a remarkable investment opportunity in Houston, Texas. Situated at 14170 Fayridge Drive, in Harris County, zip code 77048, this property boasts a strategic location on the high-traffic Sam Houston Tollway South (Beltway 8), between Wayside Drive and Mykawa Drive. The land is ideally positioned within the rapidly expanding Pearland and South Houston submarkets, offering excellent visibility and accessibility. Priced at $25 per square foot, this site is perfect for various development scenarios. Its zoning allows for build-to-suit projects, ground leases, or outright purchase. A key advantage is its immediate adjacency to a newly constructed branded hotel, ensuring high foot traffic and potential synergy. This prime location, coupled with the flexibility of development options, makes this property an exceptional investment for discerning buyers seeking a high-growth area with significant development potential. The property's coordinates are 29.601983635367723 latitude and -95.31123070561027 longitude. This is a rare opportunity to acquire a substantial land parcel in a thriving Houston submarket.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3112
    Latitude
    29.602

    Comparable in this City

    • Value Estimation by Request
      1.25 Acres

      4809 Fuqua St

      Multifamily properties • 1,515 SF
      4809 Fuqua St, Houston, TX 77048
      View Details
    • Value Estimation by Request

      13598 Cottingham St

      Land
      13598 Cottingham St, Houston, TX 77048
      View Details
    • Value Estimation by Request
      10.00 Acres

      Sam Houston Pkwy

      Land • 10.00 Acres
      0 Sam Houston Pkwy, Pearland, TX 77048
      View Details
    • Value Estimation by Request

      Carson Rd

      Land
      0 Carson Rd, Houston, TX 77048
      View Details
    • Value Estimation by Request
      1.40 Acres

      6633 Orem Dr

      Land • 1.40 Acres
      6633 Orem Dr, Houston, TX 77048
      View Details
    • Value Estimation by Request
      1.80 Acres

      Selinsky Rd

      Land • 1.80 Acres
      0 Selinsky Rd, Houston, TX 77048
      View Details

    Similar Nearby for Sale

    • $750,000
      5.65 Acres

      Houston Commercial Land - 5.65 Acres

      Prime 5.65-acre commercial lot in Houston.
      4810 Acres Dr, Houston, TX 77048
      View Details
    • $450,000
      1.80 Acres

      1.8 Acres Selinsky Rd, Houston

      Prime Houston land: Invest or develop.
      0 Selinsky Rd, Houston, TX 77048
      View Details
    • $2,500,000

      Land with Development Potential

      Land suitable for various uses including residential and commercial development.
      4147 Fuqua St, Houston, TX 77048
      View Details
    • $88,900

      Land For Sale Houston

      Land available for sale in Houston, Texas.
      5626 Dumore Dr, Houston, TX 77048
      View Details
    • $35,000

      Wooded Lot For Sale

      Wooded lot in mixed-use area, livestock permitted, no restrictions.
      Donna St, Houston, TX 77048
      View Details
    • $499,000

      Land Available for Sale

      Land for sale at 13133 S Wayside Dr, Houston, TX
      13133 S Wayside Dr, Houston, TX 77048
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Pad Sites For Lease

      Pad sites available near Joe V’s Smart Shop.
      6100 Fuqua St, Houston, TX 77048
      View Details
    • $24 SF/Yr
      28,520 SF

      Houston Office Space For Rent

      28,520 square feet of office space available for lease.
      5875 N Sam Houston Pkwy W, Houston, TX 77048
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14170 Fayridge Dr
    Houston, TX 77048
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.