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    OFF-MARKET
    Land

    5799 Thomas Rd, Houston, TX 77041

    0.72 ac lot
    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
    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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