7900 Penn St Houston, TX 77093
This exceptional 0.69-acre commercial and industrial land parcel is strategically located at 7900 Eastex Freeway & 3523 Penn Street in Houston, Harris County, Texas, zip code 77093. The property boasts three curb cuts, providing excellent access and visibility. Utilities are readily available via the City of Houston. The site is already cleared and prepared for immediate development, saving time and resources. Its prime location offers exceptional exposure, fronting I-59/I-69 in a high-traffic area, ensuring significant visibility for any future business. This presents a rare opportunity for investors and developers seeking a well-positioned site for commercial or retail ventures. The property's proximity to major transportation arteries and key infrastructure is a significant advantage. It's approximately 15 miles from George Bush Intercontinental Airport (IAH) and about 8 miles from Downtown Houston, offering convenient access to the city's core and regional transportation networks. The asking price for this ready-to-develop land is $399,000. Don't miss this chance to acquire a highly desirable commercial and industrial property in a thriving Houston location.
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.