11505 Forbes Rd Houston, TX 77075
This exceptional 2.73-acre lot, located at 11505 Forbes Rd, Houston, TX 77075 (APN 0131390000079), presents a unique investment opportunity. Situated at the highly visible corner of Forbes Rd and Fuqua St, this property benefits from its proximity to Hobby Airport (1.5 miles). The recent completion of Forbes Rd's connection to the Sam Houston Tollway, coupled with the 2023 extension of Fuqua St to Forbes Rd, significantly enhances accessibility and visibility, promising increased traffic flow. This corner lot is ideally positioned to capitalize on this improved infrastructure. Furthermore, the property's location is adjacent to the recently completed Phase I development of BW-35 Business Park, indicating a thriving and expanding commercial area. Utilities are readily available, making this site ready for immediate development. The asking price for this strategically located land is $425,000. This property offers significant potential for various commercial, industrial, or residential projects, making it an attractive investment in a rapidly developing area of Houston.
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
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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.