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    18334 Shaw Rd Cypress, TX 77429

    For Sale
    Contact for pricing

    Prime Development Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.26-acre tract presents a remarkable investment or development opportunity in the rapidly growing Cypress/Tomball Memorial area of Harris County, Texas. Situated in a high-density residential and commercial zone, this property boasts exceptional visibility and accessibility. The land offers approximately 244 feet of frontage on Shaw Road and approximately 550 feet of frontage on New Shaw Road, ensuring convenient access. Its strategic location is just 1.2 miles from the Grand Parkway (99), 1.2 miles from Telge Road, and 2 miles from SH-249, providing easy access to major transportation arteries. The Grand Parkway boasts an average daily traffic count exceeding 34,000 vehicles, while SH 249 sees over 167,000 vehicles daily. This prime location is further enhanced by its proximity to Grand Parkway Town Center development and its adjacency to Oakcrest Intermediate School and the Wildwood/Northepointe subdivisions. Utilities are available through MUD 5. The 2019 total tax rate was $2.17 per $100 of assessed value. This property's size, location, and accessibility make it ideal for a variety of development projects. The high traffic counts and established infrastructure create a compelling investment opportunity in a thriving community. The address is 18334 Shaw Road, Cypress, TX 77429.

    Property Features for 18334 Shaw Rd

    General Information

    Property type
    Land
    Lot Size
    229,126 SF

    HighLights

    • Outstanding investment/development opportunity in the rapidly expanding Cypress/Tomball Memorial area.
    • High‑density residential & commercial area near freeways and retail, including Grand Parkway Town Center; utilities via MUD 5.
    • Excellent visibility and accessibility; ±244 ft. frontage on Shaw Rd. and ±550 ft. on New Shaw Rd.
    • 1.2 miles from Grand Parkway (99), 1.2 miles from Telge Rd., and 2 miles from SH‑249.
    • Grand Parkway (99) average daily traffic: 34,000+; SH‑249 average daily traffic: 167,000+.
    • Located in Harris County, Tomball ISD; adjacent to Oakcrest Intermediate School and Wildwood/Northepointe subdivisions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.638453
    Latitude
    30.034702

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    FAQs

    What type of property is this?
    Land - Prime Development Land, Excellent Location
    Where is this land located?
    The property is located at 18334 Shaw Rd Cypress, TX.
    What are key features of this property?
    This property features: Outstanding investment/development opportunity in the rapidly expanding Cypress/Tomball Memorial area.; High-density residential & commercial area near freeways and retail, including Grand Parkway Town Center; utilities via MUD 5.; Excellent visibility and accessibility; ±244 ft. frontage on Shaw Rd. and ±550 ft. on New Shaw Rd.
    (281) 898-0895
    Request Owner's contact information
    18334 Shaw Rd Cypress, TX 77429
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    Cypress, TX 77429
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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
    18334 Shaw Rd Cypress, TX 77429
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