12230 Almeda Rd Houston, TX 77045
This exceptional ground lease opportunity presents 0.88 acres of commercially zoned land in Houston's thriving Harem Clarke area. The property boasts 345 square feet of frontage on Almeda Road, ensuring high visibility and accessibility for any commercial venture. Located at 12230 Almeda Rd, Houston, TX 77045, in Harris County, this strategically positioned lot offers significant potential for development. The property is served by readily available utilities, including water, sewer, and power at the street. This presents a significant advantage, streamlining the development process and reducing initial infrastructure costs. Furthermore, there's an option to expand the property by up to an additional 0.25 acres on the adjacent lot to the south, providing flexibility for future growth and expansion. This prime location, coupled with the potential for expansion and existing utility access, makes this a truly compelling investment opportunity in a rapidly developing area of Houston. The single tenancy nature of the ground lease provides a straightforward and easily managed investment. This is an ideal opportunity for developers seeking a high-visibility location with expansion potential in a dynamic 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
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.