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Property profile & analytics
OFF-MARKET
Land

12422 Space Center Blvd Houston, TX 77059

14.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 14.5 ac (631,620 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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Comparable Approach Comparable
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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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