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Property profile & analytics
OFF-MARKET
Commercial real estate

11819 Misty Valley Dr Houston, TX 77066

8.88 ac lot
Property ID
US82-4045988
Property summary
AI-generated overview

This exceptional 8.88-acre commercial land parcel presents a compelling investment or development opportunity in Northwest Houston. Strategically located near the intersection of Misty Valley Drive and Champion Forest Drive, this rectangular tract boasts 332± feet of frontage on Misty Valley Drive and 410± feet on Champion Forest Drive, providing dual access with a pre-existing curb cut and left-turn median access on Champion Forest Drive. Its prime location offers convenient access to major thoroughfares including TX-249, Beltway 8, and FM 1960, ensuring excellent connectivity. The property is situated outside city limits, in the highly desirable Klein ISD school district, and benefits from nearby utility access via two MUD districts. A significant advantage is its location across the street from a new 75-acre single-family development, "Champion Oak," and near the Champion Forest retail corridor and a large industrial corridor to the west. The site is not located within a flood plain, making it an even more attractive proposition. This infill location offers numerous potential uses, making it an ideal investment for developers and investors seeking a high-growth area with strong infrastructure and accessibility. The asking price is $1,914,723. The APN is 0461000000062. The property is owned by OLE SPEC LTD. This is a divisible parcel.

Property profile
Verified
Property type Commercial real estate
Lot 8.88 ac (386,813 SF)
APN 0461000000062
UPID US82-4045988
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
Current use
Occupant on record · Public records
  • M H Landscape Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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