0 North Fwy Houston, TX 77090
This exceptional 4.35-acre commercial land parcel presents a remarkable development opportunity in Houston, Texas. Boasting approximately 300 feet of frontage on Interstate 45, this property enjoys unparalleled visibility and accessibility, with an average daily traffic count exceeding 200,000 vehicles. The site also benefits from approximately 29 feet of rear access/frontage on Briargrove Drive and 60 feet of northern access/frontage on Blue Ash Drive. Located in Harris County within the Spring ISD school district, this land is zoned for a variety of uses, including retail, multifamily residential, and general commercial development. Utilities are readily available. The property is situated in a high-density residential and commercial area, less than 0.25 miles north of East Airtex Drive, under 2.5 miles south of FM 1960, and approximately 3 miles north of Beltway 8. Importantly, per FEMA maps, this property is not located in a flood plain. The total tax rate for 2021 was $2.57 per $100 of assessed value. A comprehensive demographic package is available upon request. This is an ideal location for projects seeking high visibility and convenient access to major transportation arteries. The land is priced at $10 per square foot, totaling 416,028 square feet. The seller is open to dividing the property.
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
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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.