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0 Northwest Freeway - 12747 Northwest Freeway & Pinemont 3.98 Acres of Commercial Land Offered at $5,383,739 in Houston, TX 77092

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INVESTMENT HIGHLIGHTS

  • Prime Development Opportunity with Freeway Frontage

EXECUTIVE SUMMARY

• Prime development land, subject property is approximately 173,669 square feet (3.987 acres) with over 400 feet of freeway frontage. Buyer to verify dimensions and order new survey. Existing survey is provided for illustrative purpose only.
• Location is surrounded by retail, office and residential developments with 179,224 average daily vehicle count (2022).
• This area is home to TAM International, Geospace Technologies, FBI – Houston Field Office, Harris Central Appraisal District (HCAD), College of Heathcare Professionals, Republic National Distribution Center, and the Health and the Human Resources Services Commission.
• Subject property is located about mid-point between SH-6 and I-610 and 8.5 miles from the Houston Galleria.
• According to the Harris County Flood Control Mapping Tool, the property is located in a five hundred year flood plain area.
• Site has access to public utilities, including water, wastewater, electricity and Internet service.
• Stormwater Detention has been completed and the site is ready for development.
• Combined Property Taxes for 2023 was approx. $16K.
• There are no known hazards on this site.

PROPERTY FACTS

Price $5,383,739
Sale Type Investment
Sale Conditions
Ground Lease (Leased Fee)
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Hospitality
Total Lot Size 3.98 AC
Zoning C-2

1 LOT AVAILABLE

Lot

Price $5,383,739
Price Per AC $1,352,698.24
Lot Size 3.98 AC

Approx 173,669SF (3.98ac) at Northwest Frwy (US-290) and Pinemont Dr with 400+ feet of freeway frontage. Composed of several adjoining parcels with a special business license (call for details). Owner may consider joint development plans.

DESCRIPTION

Lot size ±3.98 acres (see approximate property boundaries, buyer to order new survey) Over 400' linear frontage on US-290 and three curb cuts ~200,000 average daily vehicle count Surrounded by retail, office and residential developments

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1382290010001
  • 1382290010002
  • 1382290010004
Land Assessment
$1,382,876
Improvements Assessment
$0
Total Assessment
$1,382,876
  • Listing ID: 27254846

  • Date on Market: 12/6/2022

  • Last Updated:

  • Address: 0 Northwest Freeway, Houston, TX 77092

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