This exceptional 38,115 square foot commercial land parcel presents a remarkable investment opportunity in Houston, Texas. Located at 6013 FM 1960 in Harris County, zip code 77069, this property boasts significant frontage of approximately 137 feet along a major thoroughfare experiencing a high daily traffic count of 52,442 vehicles. The site's strategic location within a thriving community ensures high visibility and accessibility. A substantial population of 109,837 residents resides within a 3-mile radius, exhibiting a strong average household income of $91,934, creating a robust consumer base. This presents a compelling opportunity for developers seeking a prime location for various commercial ventures. The property is available for sale or ground lease, offering flexibility to suit diverse investment strategies. Its strong demographics, high traffic volume, and prominent location make it an exceptional opportunity for long-term growth and profitability. The property's size and location within a densely populated area with high average income make it suitable for a wide range of commercial developments. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area of Houston.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,573,575
Hospitality
$1,441,386
Educational
$1,199,216
Medical
$1,240,459
Retail
$1,865,448
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.9754
Longitude
-95.52
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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