This exceptional 2.88-acre commercial, residential, and industrial land parcel presents a remarkable development opportunity in Houston's Acres Home area. Located at 7920 W Montgomery Rd, Harris County, TX 77088, this single-tenant property boasts a prime location just miles from I-45 North Freeway, ensuring high visibility and accessibility. The property features dual entrances, facilitating convenient ingress and egress for any development. With significant street frontage on W Montgomery Rd, the site benefits from substantial daily traffic volume, estimated at approximately 13,632 vehicles per day. The property's zoning is commercial, offering versatility for a wide range of development projects, from retail and office spaces to residential units. Recent development in the surrounding area further enhances the investment potential. The APN is 0162660000004. This is a rare chance to acquire a sizable tract of land in a rapidly growing section of Houston, offering significant potential for substantial returns. The property's cross street is Wheatley.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$65,639,800
Retail / Commercial
$32,990,900
Mixed-Use / Specialty
$32,346,200
Hospitality / Lodging
$23,045,100
Office
$31,605,000
Institutional / Educational
$33,438,600
Residential Income
$39,123,200
Multifamily
$49,844,300
Automotive / Energy
$28,661,700
Parking / Income-Based Land
$10,411,500
Restaurant / Food Service
$15,698,600
Healthcare / Senior Housing
$33,710,900
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.8665
Longitude
-95.4306
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Montgomery Rd Houston, TX 77088
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Montgomery Rd Houston, TX 77088
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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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