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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 industrial land parcel presents a unique opportunity for immediate development. Located in Harris County, Texas, this single-tenant site boasts a strategic position immediately north of the 11302 Tanner Road office building, offering excellent visibility and accessibility. The property features an existing access driveway, simplifying logistics and reducing initial infrastructure costs. The lot is stabilized, meaning it's ready for immediate use, eliminating the need for extensive site preparation. Its existing lighting enhances security and functionality, particularly beneficial for nighttime operations. Given its size and location, this property is ideal for a variety of industrial uses, including warehousing, light manufacturing, or storage facilities. The single-tenant nature of the site provides simplicity and control for the owner-occupier or investor. The convenient access and established infrastructure make this a highly attractive option for businesses seeking a well-positioned and readily usable industrial space in a thriving Harris County location. This is a rare opportunity to acquire a ready-to-develop industrial lot in a prime location, offering significant potential for immediate return on investment. The existing infrastructure and strategic location combine to create a compelling proposition for discerning buyers.

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

Realmo proprietary · 4 methods
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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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