12969 Hardy RdHouston, TX 77037

Property Details for 12969 Hardy Rd

Year built

1973

Construction

METAL FRAME

Lot size

0.43 AC

Property size (Sq ft)

4,268 SF

Property type

Office buildings

APN

552290000234

APU

552290000234

Description

This exceptional 17.37-acre commercial land parcel presents a unique investment opportunity in Houston, Texas. Located at 12969 W Hardy Rd, Harris County, zip code 77037, this property boasts excellent accessibility and visibility. The site's dimensions offer significant depth, measuring approximately 1,265 feet from Gulf Bank Road and 793 feet from W Hardy Road, providing ample space for various development projects. Its strategic location near major thoroughfares ensures convenient access for both employees and customers. The property's existing infrastructure includes readily available drainage access at Gulf Bank Road, simplifying the development process. Given its size and location, this land is particularly well-suited for outside storage facilities or warehouse construction, catering to the growing demand for logistics and distribution space in the Houston area. The property's substantial acreage and convenient access make it an attractive proposition for businesses seeking to establish a significant presence in this dynamic market. This is a rare opportunity to acquire a large, well-positioned commercial land parcel in a thriving Texas city.

• CAP approach

  CAP return

  Valuation

  6%

  $874,094

  6.5%

  $806,856

  7%

  $749,223

• Comparable approach

  Method

  Valuation

  Relative Method

  $630,850

  Geo Method

  $1,277,796

• Alternative Use

  Use

  Valuation

  Residential

  $1,000,501

  Hospitality

  $916,453

  Educational

  $762,478

  Medical

  $788,701

  Retail

  $1,186,078

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.8892

Longitude

-95.3706

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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