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    I-45 & Cypress Preserve Houston, TX 77073

    For Sale
    Contact for pricing

    7.9 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7.9-acre commercial land parcel presents a unique investment opportunity in Houston, Texas. Strategically located at the intersection of I-45 North and Cypress Preserve, this property boasts ±5.86 acres ideal for a freeway pad site and an additional ±2.00-acre interior parcel. The site offers unparalleled visibility and accessibility with approximately 340 feet of frontage along I-45, ensuring high traffic exposure for any development. The area is characterized by a dynamic retail corridor and strong demographics, making it an attractive location for businesses seeking high visibility and a robust customer base. Development is restricted due to the proximity of Cypress Preserve Park, contributing to a desirable and stable environment. Utilities are conveniently located within Pine Forest MUD, and offsite detention is in place. Furthermore, the site has been mitigated to meet 100-year and 500-year floodplain standards, simplifying the development process. The land is priced at $18 per square foot. This property offers a rare combination of size, location, and infrastructure, making it an ideal investment for discerning developers and businesses seeking a high-impact presence in a thriving Houston market. The zip code is 77073, located in Harris County.

    Property Features for I-45 & Cypress Preserve

    General Information

    Property type
    Land
    Lot Size
    344,124 SF

    HighLights

    • ±5.86‑acre freeway pad site at I‑45 North & Cypress Preserve.
    • ±2.00‑acre interior parcel.
    • Prime location in a dynamic retail corridor with strong demographics.
    • Exceptional freeway visibility and access with ~340 feet of I‑45 frontage.
    • Development restrictions due to proximity to Cypress Preserve Park.
    • Utilities available via Pine Forest MUD; offsite detention in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4044268
    Latitude
    29.9905486

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    FAQs

    What type of property is this?
    Land - 7.9 Acres, Prime Retail Location
    Where is this land located?
    The property is located at I-45 & Cypress Preserve Houston, TX.
    What are key features of this property?
    This property features: ±5.86-acre freeway pad site at I-45 North & Cypress Preserve.; ±2.00-acre interior parcel.; Prime location in a dynamic retail corridor with strong demographics.
    (713) 577-1812
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    I-45 & Cypress Preserve Houston, TX 77073
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    Houston, TX 77073
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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
    I-45 & Cypress Preserve Houston, TX 77073
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