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    OFF-MARKET
    Land

    0 Grand Pkwy, Houston, TX 77494

    76.52 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional ±159.2687-acre tract of land presents a remarkable investment opportunity in Northwest Houston. Strategically located in Harris County, near Katy, with frontage along the Grand Parkway and Clay Road, this property boasts unparalleled visibility and accessibility. Its location within the rapidly expanding Katy Independent School District is a significant advantage, attracting both residential and commercial development. The land is surrounded by several master-planned communities, indicating a strong existing and projected population base. This prime location ensures high traffic counts and significant exposure for any future development. The property's size and versatility allow for a wide range of development possibilities, from large-scale commercial ventures to residential subdivisions, or a mixed-use development capitalizing on the area's growth. The expansive acreage offers ample space for substantial projects, catering to the increasing demand for land in this thriving area of Northwest Houston. The property's zoning and potential uses should be verified independently. The lot size is approximately 159.27 acres, though the exact acreage should be verified by a qualified surveyor. This is a rare opportunity to acquire a significant land parcel in a high-growth area with excellent access and visibility. The property is ideally situated to benefit from the continued expansion and development of the surrounding area.

    Property profile
    Verified
    Property type Land
    Lot 76.52 ac (3,333,211 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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