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    Us 290 & Dacoma Rd Houston, TX 77092

    Sponsored
    For Sale
    $480,000

    0.5-acre commercial development site, Houston, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Prime 0.5-acre commercial development site in Houston, Texas, strategically located at the hard corner of US 290 and Dacoma Road. This ±21,791 square foot lot offers exceptional visibility from both major roadways and boasts approximately 75 feet of frontage on the US 290 service road and approximately 367 feet of frontage on Dacoma Road. The asking price is $480,000, translating to $22 per square foot. The property is situated outside the flood plain and benefits from City of Houston utilities. Currently unzoned, this parcel presents a unique opportunity for developers. Its location is particularly advantageous, just northwest of the newly reconstructed interchange at US 290 and I-610. The site enjoys proximity to the new Delmar Stadium Complex and the Northwest Mall redevelopment, as well as the former 24-acre ExxonMobil Brookhollow campus undergoing redevelopment by Fidelis Realty/Williamsburg Enterprises. This area is experiencing significant gentrification, upward demographic shifts, and substantial new home developments in surrounding neighborhoods like Garden Oaks, Timbergrove, Shepherd Grove, Oak Forest, and the Heights. Ready access is available from both the US 290 service road and Dacoma Road. This property represents a compelling investment opportunity in a rapidly growing and evolving area of Houston. Zip code: 77092.

    Property Features for 0 Us 290 & Dacoma Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Price: $22.00 per square foot.
    • City of Houston utilities available.
    • Located outside the floodplain.
    • No zoning restrictions.
    • Excellent location northwest of the newly reconstructed US 290 and I‑610 interchange.
    • High visibility from US 290 and Dacoma Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4501596
    Latitude
    29.8101613

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    FAQs

    What type of property is this?
    Land - 0.5-acre commercial development site, Houston, TX
    Where is this land located?
    The property is located at Us 290 & Dacoma Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: Price: $22.00 per square foot.; City of Houston utilities available.; Located outside the floodplain.
    (713) 577-1812
    Request Owner's contact information
    Us 290 & Dacoma Rd Houston, TX 77092
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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
    Us 290 & Dacoma Rd Houston, TX 77092
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