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Property profile & analytics
FOR SALE
Auto shops

23650 Kingwood Place Dr Houston, TX 77339

7,004 SF 3.55 ac lot Built 1994
Entity Owned 2-yr Hold Free & Clear
Property ID
US83-2325738
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1994
Total area 7,004 SF
Lot 3.55 ac (154,594 SF)
Zoning code 5
APN 6433-30-00100
UPID US83-2325738
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
A & B Services INC · 2 yrs held
A & B Services INC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
5 · Kingwood, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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