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1500 Old Spanish Trl - 1500 OST 19.2 Acres of Commercial Land in Houston, TX 77054

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INVESTMENT HIGHLIGHTS

Proximity to Texas Medical Center
May divide

Gateway to Life Science

EXECUTIVE SUMMARY

Potential to attract life science office, retail, residential, and beyond, this unrestricted site marks the beginning of a development that will greatly enhance the Texas Medical Center and the entire Houston area.

1500 OST Flyer Email

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Commercial Office Medical
No. Lots	1	Total Lot Size	19.20 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	None

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Office Medical
Total Lot Size	19.20 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	None

1 LOT AVAILABLE

Lot

Lot Size	19.20 AC

Lot Size	19.20 AC

Submarket: Texas Medical Center Type: Land for Sale/JV/BTS - May Divide Utilities: City of Houston Flood Zone: 500 Year Zoning/Restrictions: None

DESCRIPTION

This 19.2-acre site offers unlimited opportunity for development.

PROPERTY TAXES

Parcel Number	1040840000001	Improvements Assessment	$1,370,153 CAD
Land Assessment	$77,115,798 CAD	Total Assessment	$78,485,951 CAD

PROPERTY TAXES

Parcel Number

1040840000001

Land Assessment

$77,115,798 CAD

Improvements Assessment

$1,370,153 CAD

Total Assessment

$78,485,951 CAD

(713) 231-1640

CONTACTS

Jeff Peden
Scott Miller
Kyle Walker
Sherry Johnson
Transwestern Real Estate Services

Listing ID: 31977046
Date on Market: 2024-05-31
Last Updated:
Address: 1500 Old Spanish Trl, Houston, TX 77054

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1500 Old Spanish Trl, Houston, TX for sale Building Photo- Image 1 of 5 — Revised 1500 eblast pic

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