0 Almeda Rd Houston, TX 77045
This exceptional 0.54-acre commercial land parcel presents a unique investment opportunity in Houston, Texas. Strategically located at the northeast corner of Almeda Road and Reed Road, this vacant land boasts unparalleled accessibility. Enjoy effortless connectivity to major thoroughfares including Highway 90, 610W, Loop South, and Highway 288, providing seamless access to Houston's bustling business districts and beyond. Highway 288's connection to the Brazosport industrial area further enhances the site's strategic value. The property's position along a major thoroughfare on the 288 expressway ensures high visibility and significant traffic exposure, ideal for retail development. Furthermore, its proximity to Houston's Downtown/Midtown area and the Texas Medical Center is a significant advantage. The Medical Center's presence, including prominent hospitals such as Memorial Hermann, Methodist Hospital, St. Luke's Hospital, Texas Children's Hospital, and Shriner's Hospital for Children, guarantees a substantial and consistent population base. This prime location offers exceptional potential for a variety of commercial ventures, capitalizing on the high traffic volume and proximity to key employment centers and residential areas. The 77045 zip code further underscores the desirability and growth potential of this remarkable property.
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.