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5799 Thomas Rd Houston, TX 77041

OFF-MARKET Land Google Maps
0.72 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 0.72-acre commercial/industrial lot in Houston, Texas, presents a unique development opportunity. Located at 5799 Thomas Rd, in Harris County, zip code 77041 (29.8516516, -95.577166), this stabilized lot benefits from existing infrastructure including lighting and an access driveway. Its strategic location is immediately north of the 11302 Tanner Road office building, offering excellent visibility and potential synergy. The asking price for this property is $360,000. The property is classified as both commercial and industrial land, making it suitable for a variety of uses. Given its size and location, this lot is well-suited for developers seeking a prime location in a thriving Houston market. The existing access driveway simplifies development plans, reducing initial infrastructure costs. The presence of lighting enhances security and visibility, further increasing the property's appeal. This is an exceptional opportunity to acquire a well-positioned lot ready for immediate development. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 0.72 ac (31,363 SF)

Cap rate & NOI

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

Value estimations

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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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