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Property profile & analytics
OFF-MARKET
Land

11031 Spell Rd Tomball, TX 77375

5,900 SF 12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12-acre property in Tomball, Texas, presents a unique investment opportunity. The site boasts a 5,900 square-foot warehouse and a 3,100 square-foot residential/office building, offering immediate income potential or redevelopment possibilities. Located on Spell Road in Harris County, this property enjoys high visibility with approximately 230 feet of road frontage. Its strategic location offers easy access to major thoroughfares, including SH 249 and the Grand Parkway (SH 99), placing it within minutes of downtown Tomball and a wealth of retail amenities. The property sits in a densely populated residential area within the Klein ISD, benefiting from a strong local economy and a growing population. Future infrastructure improvements, including a proposed extension of Champion Forest Drive, promise to further enhance the property's value and accessibility. The site is not located in a flood plain, according to FEMA maps, and enjoys an average daily traffic count exceeding 11,000 vehicles on nearby Hufsmith-Kohrville Road. Detailed demographic information is available upon request. The property is priced at $2,300,000, representing a price per square foot of $491.53. The 2021 total tax rate was $2.14 per $100 of assessed value. This versatile property is ideal for a variety of uses, making it an attractive investment for both developers and business owners.

Property profile
Verified
Property type Land
Total area 5,900 SF
Lot 12 ac (522,720 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
by Request
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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