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Property profile & analytics
OFF-MARKET
Land

and FM 529 Greenhouse Rd Cypress, TX 77433

3.31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.31-acre commercial land parcel is ideally situated in Cypress, Texas, at the intersection of Greenhouse Road and FM 529, in Harris County, zip code 77433. The property boasts a strategic location within a densely populated residential area, offering unparalleled access to a substantial consumer base. With over 348,000 people residing within a 5-mile radius and over 48,000 homes within a 3-mile radius, this site presents a remarkable opportunity for developers seeking to capitalize on the high demand for residential and commercial spaces. The land is priced at $17.30 per square foot. A key advantage is the inclusion of off-site detention, addressing potential drainage concerns and enhancing the property's overall appeal. This feature simplifies development and reduces potential infrastructure costs. The property's proximity to established residential neighborhoods ensures a steady flow of potential customers and provides a strong foundation for a variety of development projects, from residential complexes to retail spaces. This prime location offers significant potential for substantial returns on investment. The property's size and location make it suitable for a wide range of commercial ventures, catering to the needs of a thriving and expanding community.

Property profile
Verified
Property type Land
Lot 3.31 ac (144,184 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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