0 Grand Pkwy, Houston, TX 77494
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.