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Property profile & analytics
OFF-MARKET
Land

3418 Ave Pattison, TX 77423

Property ID
Property summary
AI-generated overview

This 49,998-square-foot vacant lot in Pattison, Texas, presents a remarkable investment opportunity. Located near Brookshire and I-10, this property boasts convenient access to major transportation routes, including FM 359, offering excellent connectivity to Katy and Houston. Utilities are already in place, and the partially cleared land is ready for immediate development. Its versatile nature allows for various projects, including residential communities, commercial ventures, or multifamily developments like apartments or townhomes. The lot's strategic location on three streets ensures high visibility and accessibility. The property's proximity to reputable schools and its blend of rural charm and urban convenience make it an attractive asset with significant potential for future returns. The land can be replatted into multiple lots, maximizing its appeal to a wider range of buyers or tenants. This exceptional property is ideal for those seeking a prime development site in a rapidly growing area. The parcel's size and location, combined with existing utilities and road frontage, make it an attractive option for both residential and commercial development. The existing infrastructure minimizes upfront development costs, accelerating the return on investment.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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