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Property profile & analytics
OFF-MARKET
Land

290 & Federal Plz Dr Houston, TX 77092

0.57 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Houston, Texas, situated at the intersection of US 290 and Federal Plaza Drive in Harris County, zip code 77092. The property comprises several commercial land tracts, totaling 3.16 acres of developable land. Individual tracts range in size from approximately 0.57 acres to 1.58 acres. Tracts 2B, 3, 9B, and 9C are currently sold. Two remaining tracts are available for purchase. Tract 5 encompasses approximately 1.58 acres (68,892 square feet) and is priced at $26 per square foot. Tract 6 also measures approximately 1.58 acres (68,704 square feet) and is priced at $28 per square foot. This prime location offers excellent visibility and accessibility, making it ideal for a variety of commercial developments. The land is zoned for commercial use, providing flexibility for various projects. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire strategically located commercial land in a thriving Houston market. Don't miss out on this chance to secure a valuable asset in a high-growth area.

Property profile
Verified
Property type Land
Lot 0.57 ac (24,829 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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