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    Main St Houston, TX 77085

    Sponsored
    For Sale
    $3,721,800

    Prime Houston land, ideal for large-scale development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional offering presents a rare opportunity to acquire almost nine acres of vacant commercial land in Houston, Texas. Comprising two adjacent parcels totaling 8.98 acres (5.76 acres and 3.22 acres), this property is listed at $3,721,800, translating to $9.51 per square foot. The land is conveniently located at 0 S Main Street, Houston, TX 77085, with access to Hwy 90 and featuring an 18-wheeler-accessible dedicated road (clearance to be independently verified by the buyer). Utilities are readily available, with water and sewer lines situated on the roadside. Importantly, this property is not located within a flood zone. The area boasts strong demographics, including a median household income of $51,212, a daytime population of 27,180, and a total population of 37,617. High traffic counts of 26,380 vehicles further underscore the site's strategic location. The surrounding area is experiencing significant growth, with nearby developments such as the Post Oak Logistics Park. This expansive lot is perfectly suited for various commercial uses, including warehousing, storage facilities, trucking operations, or other ventures requiring significant space. While previously owned by a residential developer, the potential for residential conversion requires independent verification by the buyer. An updated survey will be the responsibility of the buyer

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    391,169 SF

    HighLights

    • Median Household Income: $51,212
    • Traffic Counts: 26,380 vehicles per day
    • Daytime Population: 27,180
    • Address: Main St & S Post Oak Rd
    • Total Population: 37,617
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5075042
    Latitude
    29.630765

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    FAQs

    What type of property is this?
    Land - Prime Houston land, ideal for large-scale development.
    Where is this land located?
    The property is located at Main St Houston, TX.
    What is the asking price?
    The asking price for this property is $3,721,800.
    What are key features of this property?
    This property features: Median Household Income: $51,212; Traffic Counts: 26,380 vehicles per day; Daytime Population: 27,180
    Request Owner's contact information
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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
    Main St Houston, TX 77085
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