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Property profile

0 Us-59 Porter, TX 77365

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional 3.593-acre unrestricted commercial land parcel presents a remarkable investment opportunity in Porter, Texas. Strategically located at the I-59 and FM 1314 exit, this property boasts approximately 210 feet of frontage along the I-59 feeder road, ensuring high visibility and accessibility. Utilities are conveniently provided by the Porter Municipal Utility District (MUD), and city water is available. The property shares a driveway with a brand-new Bobcat of Houston dealership, slated to open mid-2024, offering potential for synergistic business relationships. Its prime location offers easy access to major thoroughfares: approximately 2.5 miles south of the Grand Parkway and roughly 2.8 miles north of Kingwood Drive, and about 11 miles north of Beltway 8. This advantageous positioning provides excellent connectivity to a large and growing population base, making it ideal for a wide range of commercial developments. The asking price for this exceptional property is $1,878,072. Don't miss this chance to acquire a highly visible and well-situated commercial land parcel in a rapidly developing area.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-59 Porter, TX 77365
Porter metro
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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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