16901 Park Row Dr Houston, TX 77084
This exceptional 5.3-acre commercial land parcel presents a rare opportunity in Houston's thriving Park 10 corporate area. Located at 16901 Park Row Drive, Harris County, Texas, 77084, this property offers convenient access via Park Row Drive and S. Creek Drive, with S. Creek Drive providing easy connection to the I-10 feeder. The land is served by all necessary utilities, eliminating significant development hurdles. Zoned for Katy ISD, this site is perfectly positioned for a variety of uses, making it particularly attractive for office or light industrial development. The asking price is $6,978,312, translating to a land value of $24 per square foot. While the buyer will be responsible for engineering and detention, the property's strategic location and readily available utilities significantly reduce development complexities. Restrictive covenants are in place. This is a unique chance to acquire a substantial tract of land in a high-demand area with excellent access to major transportation arteries and proximity to the Texas Medical Center's west campus. Don't miss this exceptional investment opportunity.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.