13628 Kennedy Dr Splendora, TX 77372
This exceptional 1.06-acre commercial/industrial land parcel presents a remarkable investment opportunity in Splendora, Texas. Located within the thriving East River Industrial Park, this property boasts a cleared corner position, enhancing visibility and accessibility. The lot is fully fenced with an automatic gated access and pole lighting, providing added security and convenience. City of Splendora utilities are readily available, simplifying the development process. Benefit from its strategic location, offering easy access to major transportation arteries. A short 11-mile drive connects to Grand Parkway (Hwy 99) and Valley Ranch Town Center, while Downtown Houston and George Bush Intercontinental Airport (IAH) are a convenient 30-minute commute away. The property's address is 13628 Kennedy Dr, Splendora, TX 77372, with APN 0080-00-00605. The asking price is $437,800, translating to a land value of $9.48 per square foot. This property is ideal for a variety of commercial or industrial uses. Its location and amenities make it an attractive option for businesses seeking a strategic presence in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.