Property profile

0 Northwest Fwy Houston, TX 77040

OFF-MARKET
Land
2.79 ac lot
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Property summary

AI-generated overview

This exceptional ±2.792-acre commercial/industrial land parcel presents a unique investment opportunity in Northwest Houston. Strategically located off U.S. Highway 290 (Northwest Freeway), this property boasts excellent visibility and accessibility, benefiting from a high daily traffic volume of 211,152 vehicles in 2020. The site is zoned K through Jersey Village (5th Business District), providing flexibility for a variety of commercial and industrial uses. Conveniently situated, city water and sewer services are readily available through Jersey Village. Further enhancing its appeal, this property is not located within a floodplain, mitigating potential risk. The 2022 tax rate is 2.68058%. Located in the desirable Cypress Fairbanks ISD, this property offers a compelling combination of location, zoning, and infrastructure, making it ideal for developers and businesses seeking a prime location in a thriving area of Houston. The address is 0 Northwest Fwy, Houston, TX 77040, within Harris County. This is a rare opportunity to acquire a sizable tract of land in a high-growth corridor. Don't miss out on this chance to secure a valuable asset in a dynamic market.

Property profile

Verified
Property type Land
Lot 2.79 ac (121,620 SF)

Cap rate & NOI

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

Location

Northwest Fwy Houston, TX 77040
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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