8405 Hempstead RdHouston, TX 77008

  • Commercial land
  • 11,274 SF

Property Details for 8405 Hempstead Rd

Year built
1963
Construction
WOOD FRAME
Lot size
1.25 AC
Property size (Sq ft)
11,274 SF
Property type
Commercial land
APN
440810000025
APU
440810000025

Description

This exceptional 1.23-acre (54,450 square foot) commercial land parcel is ideally situated at 8405 Hempstead Road in Houston, Harris County, Texas, zip code 77008. Its prime location offers unparalleled accessibility, boasting high visibility and traffic counts. With 12,117 vehicles traversing Hempstead Road daily, this property presents a remarkable opportunity for a variety of commercial ventures. The site's proximity to major thoroughfares, including Interstate-10 and Highway 601, ensures convenient access for customers and employees. Its suitability extends to diverse uses, including quick-service restaurants (QSRs), multi-family residential developments, extended-stay hotels (Marriott or Hilton franchises), and storage facilities. Furthermore, its strategic location near a 71 bus station at Hempstead Road and Kansas Street enhances its appeal. The property is also conveniently located less than four miles from The Galleria and Uptown Houston, and less than five miles from Downtown Houston, providing easy access to a large and diverse population base. This presents a unique chance to capitalize on a high-traffic area with significant development potential in a thriving Houston market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,642,841
    Hospitality
    $2,420,828
    Educational
    $2,014,101
    Medical
    $2,083,369
    Retail
    $3,133,046

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7861
Longitude
-95.4387
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
$16,456
$816,750
-
$816,750
-
$816,750
-
$816,750

FAQs

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