23650 Kingwood Place Dr Houston, TX 77339
For Sale
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This exceptional 1.71-acre commercial land parcel presents a remarkable investment opportunity in Houston, Texas. Located at 23650 Kingwood Place Drive in Montgomery County, zip code 77339, this property boasts approximately 291 feet of frontage on Kingwood Place Drive, ensuring high visibility and accessibility. The land is priced at $521,413.20, translating to a competitive $7 per square foot land value. This strategically located site offers significant potential for development, with the possibility of subdivision into smaller parcels ranging from 1.0 to 1.25 acres. The property benefits from convenient access to essential utilities, including city of Houston water and sewer services. Furthermore, natural gas and fiber optic cable connections are readily available at the property line, streamlining infrastructure needs for future construction projects. This prime location in a thriving area of Houston makes this a highly desirable site for a variety of commercial ventures. The coordinates are 30.0578712 latitude and -95.2546102 longitude. Don't miss this chance to acquire a well-positioned commercial land parcel with excellent development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
5 · Kingwood, TXKingwood. Always verify with local authorities before improvements.
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.