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    OFF-MARKET
    Retail properties & Spaces

    0 Rd & Castlebridge Dr, Jersey Village, TX 77065

    2.72 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.72-acre commercial land parcel, situated at the Northwest corner of West Road and Castlebridge Drive in Houston, Texas (zip code 77065, Harris County), presents a unique investment opportunity. The property is ideally suited for development, offering four available pad sites for ground lease. Each pad offers significant potential for retail businesses, capitalizing on its strategic location with convenient access to Northwest Freeway/US Highway 290. The land value is estimated at $30-$32 per square foot. Detailed financial projections for each pad are available upon request. Pad A commands a monthly ground lease of $4,450, Pad B at $3,950, Pad C at $4,100, and Pad D at $5,500. This prime location in the thriving Jersey Village area of Houston offers high visibility and accessibility, making it an attractive proposition for investors seeking strong returns. The property's size and configuration allow for flexibility in development plans, catering to a variety of retail concepts. This is a rare opportunity to acquire a substantial land parcel in a high-growth area with established infrastructure and strong demographics. Don't miss this chance to secure a piece of Houston's vibrant commercial landscape.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 2.72 ac (118,483 SF)
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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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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