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Property profile & analytics
OFF-MARKET
Commercial real estate

11505 Forbes Rd Houston, TX 77075

2.73 ac lot
Property ID
US82-2909172
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2.73 ac (118,919 SF)
APN 0131390000079
UPID US82-2909172
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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