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    Cypress Preserve Houston, TX 77073

    For Sale
    $742,262

    1.42 Acres, Prime Houston Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.42-acre commercial land parcel presents a remarkable investment opportunity in Houston, Texas. Located at 0 Cypress Preserve, in the desirable 77073 zip code, this property boasts approximately 500 feet of frontage on Cypress Preserve, offering excellent visibility and accessibility. Its strategic position at the intersection of Cypress Preserve and Imperial Valley Drive ensures high traffic exposure, ideal for a variety of commercial ventures. The site benefits from full utilities already in place, eliminating the need for costly infrastructure development. Furthermore, the property requires no detention, simplifying the development process and potentially reducing overall costs. Convenient access to I-45 provides seamless connectivity to major transportation arteries, enhancing its appeal to businesses and investors alike. The land is priced at $742,262, translating to $12 per square foot, representing a compelling value proposition in this thriving Houston market. Harris County location adds to the property's desirability. This is a turnkey opportunity for immediate development or future investment. The absence of detention requirements significantly streamlines the development process, making this a highly attractive option for developers seeking a straightforward and efficient project. The property's prime location and convenient access to I-45 further enhance its value and potential for significant return on investment.

    Property Features for 0 Cypress Preserve

    General Information

    Property type
    Land
    Lot Size
    61,855 SF

    HighLights

    • 500 feet of frontage on Cypress Preserve.
    • Prime corner location at Cypress Preserve and Imperial Valley Drive.
    • No detention pond needed.
    • All utilities available.
    • Convenient I‑45 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.422345
    Latitude
    30.0327563

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    FAQs

    What type of property is this?
    Land - 1.42 Acres, Prime Houston Location
    Where is this land located?
    The property is located at Cypress Preserve Houston, TX.
    What is the asking price?
    The asking price for this property is $742,262.
    What are key features of this property?
    This property features: 500 feet of frontage on Cypress Preserve.; Prime corner location at Cypress Preserve and Imperial Valley Drive.; No detention pond needed.
    (281) 664-6661
    Request Owner's contact information
    Cypress Preserve 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
    Cypress Preserve Houston, TX 77073
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