24051 Eastex Fwy, Houston, TX 77339
This exceptional 2.75-acre commercial land parcel presents a remarkable investment opportunity in the thriving Kingwood area of Houston, Texas. Located at 24051 Eastex Freeway (US 59), this property boasts unparalleled visibility and accessibility. The lot features 298.34 feet of frontage, providing ample space for development. Its strategic location offers convenient access to US 59 and cross access via Forest Center Drive, ensuring high traffic exposure. With a daily traffic count of 125,122 vehicles on US 59, this site is ideally positioned to capitalize on significant consumer traffic. Utilities are readily available, simplifying the development process. The asking price is $2,156,220, translating to a land value of $18 per square foot. Situated in Harris County, Texas, with a zip code of 77339, this property is zoned for commercial use and represents a prime location for a variety of commercial ventures. The property's size and location make it suitable for a wide range of commercial developments, offering significant potential for return on investment. This is a rare opportunity to acquire a high-visibility commercial lot 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
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.