Property profile

11720 Tx-249 Houston, TX 77086

OFF-MARKET
Specialty properties
60,984 SF 1.4 ac lot
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Property summary

AI-generated overview

This exceptional 1.4-acre commercial land parcel, located at 11720 Highway 249 in Houston, Texas, presents a compelling investment opportunity. The property boasts 60,984 square feet of land, priced at $12 per square foot, totaling an asking price of $675,000. Situated at the signalized intersection of Highway 249 and Upland Willow Avenue, this location offers unparalleled visibility and exposure to an estimated 53,000 vehicles daily. The high traffic count makes this an ideal site for a variety of retail developments. Direct access to Highway 249 ensures convenient access for customers and employees. The property's features include readily available utilities and on-site detention. This prime retail location in Harris County, zip code 77086, offers significant potential for future development and strong returns on investment. The property's strategic location and high visibility make it an exceptional opportunity for businesses seeking a prominent presence in a thriving commercial area. Don't miss this chance to acquire a highly desirable commercial land parcel in a high-growth area of Houston.

Property profile

Verified
Property type Specialty properties
Total area 60,984 SF
Lot 1.4 ac (60,984 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11720 Tx-249 Houston, TX 77086
Houston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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