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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 North Fwy Houston, TX 77090

416,028 SF 4.35 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 416,028 SF
Lot 4.35 ac (189,486 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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