0 +/- 3.44 Acres On Sh 249 Tomball, TX 77375
This exceptional 3.44-acre commercial land parcel presents a remarkable investment opportunity in the thriving Tomball, Texas market. Strategically located on the northeast corner of SH 249 and Hicks Street in downtown Tomball, this property boasts unparalleled visibility and accessibility. With over 642 feet of frontage on SH 249 and approximately 75 feet on Hicks Street, it benefits from an average daily traffic count exceeding 46,000 vehicles. Its prime location is just half a mile north of FM 2920/Main Street and less than 3.5 miles north of the Grand Parkway, ensuring convenient access to major transportation arteries. The property's proximity to Lone Star College, downtown Tomball, and the bustling SH 249/FM 2920 intersection, with its numerous retail and commercial establishments, further enhances its appeal. The site is zoned "C – Commercial District" per the City of Tomball Zoning Plan, allowing for a wide range of development possibilities, including retail, office, or industrial uses. City of Tomball utilities are available. The property encompasses 149,897 square feet, with a total asking price of $2,996,516, translating to $20 per square foot. A comprehensive demographic package is available upon request. The property is situated in Harris County, within the City of Tomball and Tomball ISD, with a 2023 total tax rate of $2.09 per $100 of assessed value. This is a rare opportunity to acquire a highly visible and strategically located commercial property in one of Texas' fastest-growing areas.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.