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    Nwc Of Bissonnet St. & Eldridge Pkwy Houston, TX 77083

    Sponsored
    For Sale
    Contact for pricing

    Prime 6.23-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.23-acre commercial land parcel is strategically located at the Northwest corner of Bissonnet Street and Eldridge Parkway in Houston, Harris County, Texas, zip code 77083. The property encompasses approximately 271,383 square feet and is offered at a price of $19.95 per square foot. Designated for commercial use, this site presents a significant development opportunity. It's important to note that the property will not be subdivided. A current restriction limiting use to convenience stores is in place, expiring March 31, 2026. Development plans will require detention facilities. This high-visibility location offers excellent access and exposure, making it an attractive investment for a variety of commercial ventures. The property's size and prime location make it a rare find in the Houston market. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.

    Property Features for 0 Nwc Of Bissonnet St. & Eldridge Pkwy

    General Information

    Property type
    Land
    Lot Size
    271,379 SF

    HighLights

    • 6.23‑acre lot, 271,383 square feet.
    • $19.95 per square foot sales price.
    • Commercial use property.
    • No partial sales allowed.
    • Convenience store restriction expires March 31, 2026.
    • Detention required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.6234289
    Latitude
    29.6808778

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    FAQs

    What type of property is this?
    Land - Prime 6.23-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at Nwc Of Bissonnet St. & Eldridge Pkwy Houston, TX.
    What are key features of this property?
    This property features: 6.23-acre lot, 271,383 square feet.; $19.95 per square foot sales price.; Commercial use property.
    Request Owner's contact information
    Nwc Of Bissonnet St. & Eldridge Pkwy Houston, TX 77083
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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
    Nwc Of Bissonnet St. & Eldridge Pkwy Houston, TX 77083
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