1101 Nasa Pkwy Webster, TX 77598-4944
This exceptional 0.91-acre commercial property in Houston, Texas, presents a unique investment opportunity. Located at 1101 NASA Parkway in Harris County, zip code 77058, this vacant land boasts a substantial 8,280-square-foot building constructed in 1964. The single-story structure sits on a sizable lot and is ideally suited for a restaurant, given its existing subtype. The property benefits from a highly visible location with approximately 242 feet of frontage on NASA Parkway, experiencing a significant daily traffic count of 55,086 vehicles. Its proximity to major attractions adds to its appeal; it's situated approximately 0.8 miles from the Johnson Space Center and Space Center Houston, ensuring high visibility and potential customer traffic. The asking price for this prime Houston real estate is $950,000. This is a rare chance to acquire a well-positioned property with significant development potential in a thriving area. The property's size and location make it an attractive proposition for investors seeking a high-return opportunity in the Houston restaurant market. The vacant status allows for complete customization to suit a wide range of restaurant concepts. Don't miss this chance to secure a piece of Houston's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.