Property summary
This exceptional 1.08-acre commercial land parcel presents a prime investment opportunity in Houston, Texas. Located at the intersection of FM 1960 and Welcome Lane, this unrestricted property boasts 133 feet of frontage on the heavily trafficked FM 1960. Access is also available from Welcome Lane, providing excellent visibility and convenient access for potential businesses. Utilities are readily available through Harris County Municipal Utility District (MUD) 233, with MUD reimbursements offered after development, significantly reducing initial costs. The property's strategic location offers significant advantages, situated adjacent to a Christian Brothers Automotive and only three miles from the I-45 freeway, ensuring high traffic volume and easy accessibility. Priced at $800,000, or $17 per square foot, this land represents a compelling value proposition for developers and investors seeking a high-growth area with strong potential for retail development. The property is zoned for commercial use, providing flexibility for a variety of development options. Don't miss this chance to acquire a highly desirable commercial lot in a thriving Houston location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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