Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    0 Lake Houston Pkwy, Houston, TX 77339

    0.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional master-planned commercial development in Kingwood, Texas, presents a unique investment opportunity. Located at the prime corner of West Lake Houston Parkway and Mills Branch Drive – a soon-to-be four-way lighted intersection – this property offers lots ranging from 0.5 to 48 acres, with land prices from $6.95 to $25 per square foot. The site benefits from strong demographics, with over 2,200 homes within a one-mile radius, including the new Royal Brook village developed by Friendswood Development and the upcoming 440-lot Royal Pines residential development by Ashton Woods. This area is currently underserved in retail, multi-family, and medical sectors, presenting significant potential for growth. Infrastructure is well-prepared, with water/sewer capacity reserved with the City of Houston for up to 350 multi-family units and a Harris County Flood Control-approved drainage study. Utilities are readily available. The property's location within the sought-after Humble ISD school district further enhances its appeal for multi-family developments. This rapidly growing corridor offers a compelling opportunity for businesses to capitalize on a thriving market with no new multi-family sites built within a two-mile radius in the last decade. A 7-Eleven is already operating within the development.

    Property profile
    Verified
    Property type Land
    Lot 0.5 ac (21,780 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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Lake Houston Pkwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message