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Property profile & analytics
OFF-MARKET
Land

0 Grand Pkwy Spring, TX 77389

2.78 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.78-acre commercial land parcel presents a unique investment opportunity in Spring, Texas. Boasting approximately 820 feet of frontage on the Grand Parkway (99), a major thoroughfare with an average daily traffic count of 62,647 vehicles in 2022 (data provided), this property offers unparalleled visibility and accessibility. The site also benefits from additional frontage on two other streets, including approximately 400 feet on Northcrest Road, providing multiple access points. The land is currently cleared and ready for development. Its strategic location is adjacent to a significant Amazon distribution center and a thriving retail center anchored by national brands such as Target, Michael's, PetSmart, and Ross. This prime location ensures high traffic volume and strong potential for future growth. Situated in Harris County within the Klein ISD, the property enjoys a favorable tax rate of $1.80 per $100 of assessed value for 2023. A comprehensive demographic package is available upon request, providing further insights into the area's market dynamics and potential. This is an ideal site for a variety of commercial uses, capitalizing on its exceptional location and high visibility. Don't miss this chance to acquire a premier commercial land parcel in a rapidly developing area.

Property profile
Verified
Property type Land
Lot 2.78 ac (121,097 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
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CAP Approach CAP
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Comparable Approach Comparable
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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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