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Property profile & analytics
FOR SALE
Bars & Pubs

24750 Ford Rd Porter, TX 77365

2,390 SF 1.1 ac lot Built 1974
Individually Owned 10-yr Hold Free & Clear
Property ID
US83-2411211
Property summary
AI-generated overview

This exceptional 1.103-acre commercial land parcel presents a remarkable investment opportunity in the rapidly developing Porter, Texas area. Strategically located near the intersection of Mills Branch and Ford Road, just west of West Lake Houston Parkway, this property benefits from high visibility and convenient access. Ford Road is undergoing significant expansion, transforming into a five-lane roadway extending from Highway 59/69, promising increased traffic flow and enhanced accessibility. This development is poised to cater to the growing demand for retail, shopping, and office spaces in the area. The property's location within an Opportunity Zone further enhances its investment appeal. Previously utilized as a nightclub, the site offers a blank canvas for a diverse range of commercial or even residential development projects. Two driveways directly facing Ford Road provide ample access. With a traffic count of 5,254 vehicles daily on Ford Road and Mills Branch, this location guarantees substantial exposure for any future business. This is an exceptional chance to capitalize on the burgeoning growth of this dynamic area. The property's size and location make it ideal for a variety of uses, offering significant potential for return on investment.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1974
Total area 2,390 SF
Lot 1.1 ac (48,047 SF)
Zoning code 5
APN 0660-00-00601
UPID US83-2411211
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
  • County Lyne Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
Angela J Guthrie · 10 yrs held
Angela J Guthrie
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
5 · Porter, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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