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    and FM 529 Greenhouse Rd Cypress, TX 77433

    For Sale
    Contact for pricing

    Prime 3.31-acre commercial lot in Cypress, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 3.31-acre commercial land parcel is ideally situated in Cypress, Texas, at the intersection of Greenhouse Road and FM 529, in Harris County, zip code 77433. The property boasts a strategic location within a densely populated residential area, offering unparalleled access to a substantial consumer base. With over 348,000 people residing within a 5-mile radius and over 48,000 homes within a 3-mile radius, this site presents a remarkable opportunity for developers seeking to capitalize on the high demand for residential and commercial spaces. The land is priced at $17.30 per square foot. A key advantage is the inclusion of off-site detention, addressing potential drainage concerns and enhancing the property's overall appeal. This feature simplifies development and reduces potential infrastructure costs. The property's proximity to established residential neighborhoods ensures a steady flow of potential customers and provides a strong foundation for a variety of development projects, from residential complexes to retail spaces. This prime location offers significant potential for substantial returns on investment. The property's size and location make it suitable for a wide range of commercial ventures, catering to the needs of a thriving and expanding community.

    Property Features for and FM 529 Greenhouse Rd

    General Information

    Property type
    Land
    Lot Size
    144,184 SF

    HighLights

    • 3.31‑acre commercial land parcel in Cypress, TX (77433), at Greenhouse Rd and FM 529.
    • Off‑site detention included, simplifying development and reducing infrastructure costs.
    • High population density: over 348,000 people within a 5‑mile radius and over 48,000 homes within 3 miles.
    • $17.30 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.7037657
    Latitude
    29.8798325

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    FAQs

    What type of property is this?
    Land - Prime 3.31-acre commercial lot in Cypress, TX
    Where is this land located?
    The property is located at and FM 529 Greenhouse Rd Cypress, TX.
    What are key features of this property?
    This property features: 3.31-acre commercial land parcel in Cypress, TX (77433), at Greenhouse Rd and FM 529.; Off-site detention included, simplifying development and reducing infrastructure costs.; High population density: over 348,000 people within a 5-mile radius and over 48,000 homes within 3 miles.
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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
    and FM 529 Greenhouse Rd Cypress, TX 77433
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