4702 Fm 1960 RdHouston, TX 77069

  • Commercial real estate
  • 42,248 SF

Property Details for 4702 Fm 1960 Rd

Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.00 AC
Property size (Sq ft)
42,248 SF
Property type
Commercial real estate
APN
440420000615
APU
440420000615

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,293,421
    Hospitality
    $12,176,702
    Educational
    $10,130,873
    Medical
    $10,479,290
    Retail
    $15,759,136

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.9868
Longitude
-95.502
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$17,132
$871,200
$127,999
$999,199
-
$871,200
$127,999
$999,199

FAQs

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