13906 Northwest Fwy Houston, TX 77040
- Land
- 2.94 lot acres
Current Use by Public Records
- Land
Property Details for 13906 Northwest Fwy
- Lot size
- 2.94 lot acres
- Property type
- Land
Description
This exceptional 2.935-acre commercial land parcel, located at 13906 Northwest Fwy in Houston, Texas (zip code 77040), presents a remarkable retail development opportunity. Priced at $2,300,000 ($17.99/SF), this property boasts convenient access from Guhn Road and Northwest Fwy, a major thoroughfare with a high volume of daily traffic (185,046 vehicles per day). The site is ideally situated within a densely populated area, benefiting from a population of 317,619 and an average household income of $83,400 within a 5-mile radius. Deed restrictions ensure the property's exclusive use for retail development, offering a strong foundation for future projects. The property allows for the construction of approximately 35,000 square feet of retail space, potentially including an endcap space within the thriving Northwest Marketplace retail center. Furthermore, there's potential for an additional development pad site along the Northwest Freeway frontage road. This location enjoys the benefit of being shadow-anchored by a Walmart and surrounded by numerous national and regional retailers, ensuring high visibility and strong consumer traffic. This is a rare opportunity to acquire a prime retail development site in a high-demand area of Houston. The property is subject to certain limitations and restrictions as outlined in the deed.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.5152
- Latitude
- 29.8557
