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Property profile & analytics
OFF-MARKET
Land

13906 Northwest Fwy Houston, TX 77040

2.94 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.94 ac (127,849 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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