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    Northwest Fwy Houston, TX 77040

    For Sale
    Contact for pricing

    ±2.79 Acres, Prime Location, Hwy 290 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional ±2.792-acre commercial/industrial land parcel presents a unique investment opportunity in Northwest Houston. Strategically located off U.S. Highway 290 (Northwest Freeway), this property boasts excellent visibility and accessibility, benefiting from a high daily traffic volume of 211,152 vehicles in 2020. The site is zoned K through Jersey Village (5th Business District), providing flexibility for a variety of commercial and industrial uses. Conveniently situated, city water and sewer services are readily available through Jersey Village. Further enhancing its appeal, this property is not located within a floodplain, mitigating potential risk. The 2022 tax rate is 2.68058%. Located in the desirable Cypress Fairbanks ISD, this property offers a compelling combination of location, zoning, and infrastructure, making it ideal for developers and businesses seeking a prime location in a thriving area of Houston. The address is 0 Northwest Fwy, Houston, TX 77040, within Harris County. This is a rare opportunity to acquire a sizable tract of land in a high-growth corridor. Don't miss out on this chance to secure a valuable asset in a dynamic market.

    Property Features for 0 Northwest Fwy

    General Information

    Property type
    Land
    Lot Size
    121,620 SF

    HighLights

    • 2.792‑acre commercial/industrial land parcel for sale in Houston, TX.
    • Excellent access via US Highway 290 (Northwest Freeway), with 211,152 vehicles per day (VPD) in 2020.
    • Zoned K through Jersey Village (5th Business District).
    • City water and sewer available via Jersey Village.
    • Located outside the floodplain.
    • 2022 tax rate: 2.68058%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.560520626591
    Latitude
    29.876255196053

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    FAQs

    What type of property is this?
    Land - ±2.79 Acres, Prime Location, Hwy 290 Access
    Where is this land located?
    The property is located at Northwest Fwy Houston, TX.
    What are key features of this property?
    This property features: 2.792-acre commercial/industrial land parcel for sale in Houston, TX.; Excellent access via US Highway 290 (Northwest Freeway), with 211,152 vehicles per day (VPD) in 2020.; Zoned K through Jersey Village (5th Business District).
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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
    Northwest Fwy Houston, TX 77040
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