0 Grand Pkwy Spring, TX 77389
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.