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    Houston, TX 77077

    For Sale
    $2,950,000

    Prime mixed-use land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.04-acre commercial and residential land parcel is strategically located at 0 Highway 6 S, Houston, TX 77077, boasting 402.39 feet of frontage on SH 6. Situated in the heart of Briar Village, this highly visible corner lot offers unparalleled access to the Houston metropolitan area, just 2.25 miles south of I-10 and 2.25 miles north of the Westpark Toll Road. The property is ready for immediate development and presents a multitude of opportunities, including retail centers, mixed-use developments, or medical office buildings. Its proximity to major highways and the Energy Corridor makes it exceptionally attractive to a wide range of businesses. All essential utilities—water, sewer, electricity, gas, and telephone—are readily available on-site. Currently zoned for commercial use, the zoning offers flexibility for potential residential or mixed-use projects. This is a rare opportunity, as no other comparable 3+ acre lots are currently available for sale in this rapidly growing area, projected to experience a 20% population increase within the next decade. The surrounding area is vibrant, featuring a diverse mix of retail establishments, restaurants, and medical offices, further enhancing the property's appeal. The asking price is $2,950,000.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    132,422 SF

    HighLights

    • $2,950,000 asking price.
    • 3.04‑acre commercial and residential land parcel.
    • Located in Houston, TX, at S Texas 6, zip code 77077.
    • Suitable for commercial, residential, or multifamily development; no other comparable acreage available.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.64394
    Latitude
    29.750715

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    FAQs

    What type of property is this?
    Land - Prime mixed-use land, ideal for development.
    Where is this land located?
    The property is located at Houston, TX.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: $2,950,000 asking price.; 3.04-acre commercial and residential land parcel.; Located in Houston, TX, at S Texas 6, zip code 77077.
    (713) 594-9890
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    Houston, TX 77077
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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
    Houston, TX 77077
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