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14517 Sommermeyer St Houston, TX 77041

OFF-MARKET Land Google Maps
1.04 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US83-3717904

Property summary

AI-generated overview

This exceptional 1.04-acre commercial land parcel is strategically located in Houston's thriving Spring Branch area at 14517 Sommermeyer St, zip code 77041, Harris County, Texas. Priced at $990,000, this property offers significant development potential due to its prime positioning and accessibility. Situated minutes from the Sam Houston Tollway and US 290, it enjoys convenient access to major retailers and significant consumer traffic. The expansive lot is ready for a variety of commercial uses, including industrial, retail, office, or storage facilities. City utilities are available, simplifying development plans. This property presents a rare opportunity to capitalize on the robust commercial activity and growth within Spring Branch, a highly desirable and rapidly developing neighborhood. The asking price reflects the land value, making it an attractive investment for those seeking a substantial plot in a high-demand location. This is an excellent opportunity to build or expand your business in a vibrant and accessible area of Houston. The property's size and location make it ideal for prospective future development, catering to a wide range of commercial ventures.

Property profile

Verified
Property type Land
Lot 1.04 ac (45,302 SF)
UPID US83-3717904

Cap rate & NOI

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

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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