12422 Space Center Blvd Houston, TX 77059
This exceptional 14.5-acre commercial and industrial land parcel is ideally situated on Space Center Boulevard in Houston, Texas, within Harris County, zip code 77059. Priced at $9,474,300 ($15 per square foot), this property offers significant development potential. Utilities are available, but detention is required. The site boasts convenient access to major transportation arteries, including Beltway 8 and Red Bluff Road, placing it in close proximity to Barbour's Cut and Bayport Terminals. This prime location is well-suited for a variety of uses, including industrial distribution, medical facilities, dental practices, and general office space. Multi-family development is prohibited. The property is currently unzoned, presenting a unique opportunity for tailored development plans. The address is 12422 Space Center Blvd, Houston, TX 77059. This substantial land holding presents a compelling investment opportunity in a thriving Houston market.
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
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.