and FM 529 Greenhouse Rd Cypress, TX 77433
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.
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
Similar Nearby for Lease
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.