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Property profile & analytics
OFF-MARKET Estimated value $1,940,000
Commercial real estate

4702 Fm 1960th W Rd Houston, TX 77069-4633

42,248 SF 2 ac lot Built 1982
Entity Owned 30-yr Hold Absentee Owner Free & Clear
Property ID
US83-1600981
Property summary
AI-generated overview

This exceptional two-acre commercial land parcel, located at 4702 FM 1960 in Harris County, presents a unique investment opportunity. The property features an open concrete lot, providing a versatile canvas for a variety of commercial ventures. Its size and existing infrastructure make it particularly well-suited for a car dealership, but its adaptability extends to numerous other commercial uses. The single-tenant designation offers streamlined ownership and management. The property's location on FM 1960 ensures high visibility and accessibility, benefiting from significant traffic flow. This presents a rare chance to acquire a substantial commercial land holding in a thriving area of Harris County. The open concrete lot minimizes site preparation costs, accelerating the development timeline and maximizing return on investment. Serious inquiries are encouraged to explore the full potential of this prime commercial real estate opportunity. The property is zoned for commercial use (verification of zoning with the relevant authorities is recommended). This is a blank slate ready for your vision, offering a strategic advantage in a competitive market. Don't miss this chance to secure a valuable asset in a high-growth area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 42,248 SF
Lot 2 ac (87,120 SF)
APN 440420000615
UPID US83-1600981
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.94M
Owner & transaction history
INVESTCORP PARTNERS
INVESTCORP PARTNERS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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