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Property profile & analytics
OFF-MARKET
Land

12230 Almeda Rd Houston, TX 77045

0.88 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.88 ac (38,333 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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