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    Almeda Rd Houston, TX 77045

    For Sale
    Contact for pricing

    0.54-acre prime Houston retail site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.54-acre commercial land parcel presents a unique investment opportunity in Houston, Texas. Strategically located at the northeast corner of Almeda Road and Reed Road, this vacant land boasts unparalleled accessibility. Enjoy effortless connectivity to major thoroughfares including Highway 90, 610W, Loop South, and Highway 288, providing seamless access to Houston's bustling business districts and beyond. Highway 288's connection to the Brazosport industrial area further enhances the site's strategic value. The property's position along a major thoroughfare on the 288 expressway ensures high visibility and significant traffic exposure, ideal for retail development. Furthermore, its proximity to Houston's Downtown/Midtown area and the Texas Medical Center is a significant advantage. The Medical Center's presence, including prominent hospitals such as Memorial Hermann, Methodist Hospital, St. Luke's Hospital, Texas Children's Hospital, and Shriner's Hospital for Children, guarantees a substantial and consistent population base. This prime location offers exceptional potential for a variety of commercial ventures, capitalizing on the high traffic volume and proximity to key employment centers and residential areas. The 77045 zip code further underscores the desirability and growth potential of this remarkable property.

    Property Features for 0 Almeda Rd

    General Information

    Property type
    Land
    Lot Size
    23,522 SF

    HighLights

    • 0.54‑acre commercial land parcel in Houston, TX.
    • Located at the northeast corner of Almeda Road and Reed Road.
    • Excellent access to major thoroughfares including Highway 90, 610W, Loop South, and Highway 288, providing convenient access to Downtown/Midtown Houston and the Brazosport industrial area.
    • Proximity to the Texas Medical Center, including major hospitals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4083433
    Latitude
    29.6418672

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    FAQs

    What type of property is this?
    Land - 0.54-acre prime Houston retail site.
    Where is this land located?
    The property is located at Almeda Rd Houston, TX.
    What are key features of this property?
    This property features: 0.54-acre commercial land parcel in Houston, TX.; Located at the northeast corner of Almeda Road and Reed Road.; Excellent access to major thoroughfares including Highway 90, 610W, Loop South, and Highway 288, providing convenient access to Downtown/Midtown Houston and the Brazosport industrial area.
    Request Owner's contact information
    Almeda Rd Houston, TX 77045
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    Houston, TX 77045
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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
    Almeda Rd Houston, TX 77045
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