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2300 W Loop S - 2.32 Acres 610 Loop 2.32 Acres of Commercial Land in Houston, TX 77027
Investment Highlights
- Ideal Development Site with Optionality
- Center of Houston Migration
- Unmatched Access and Visibility Along 610 Loop
- Exceptional Retail and Entertainment Amenities
Executive Summary
Property Facts
1 Lot Available
Lot
| Lot Size | 2.32 AC |
| Lot Size | 2.32 AC |
Premier 2.32-acre development site fronting the 610 Loop in the prestigious Uptown/Galleria submarket. The Property benefits from frontage on the 610 Loop providing exceptional visibility to 223,325 vehicles and surrounded by an affluent demographic.
Description
Premier 2.32-acre development site fronting the 610 Loop in the prestigious Uptown/Galleria submarket. The Uptown/Galleria submarket receives over 30 million visitors annually, attracted by Class A office, vast array of retail, and luxurious hotel room accommodations. The Property benefits from frontage on the 610 Loop providing exceptional visibility to 223,325 vehicles and surrounded by an affluent demographic with $190,008 average household income within a 1-mile radius. The Property is currently improved as an Extended Stay Hotel, allowing the future purchaser some unique optionality in the redevelopment of the property. Given the dense and luxurious amenities available in the Uptown/Galleria area, there are limited comparable development opportunities. The 2.32 acres represents an outstanding development opportunity for investors to enter this premier submarket that has become the new entertainment hub of Houston.
Property Taxes
| Parcel Number | 1192610010001 | Improvements Assessment | $587,669 CAD |
| Land Assessment | $17,287,105 CAD | Total Assessment | $17,874,774 CAD |
Property Taxes
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2300 W Loop S - 2.32 Acres 610 Loop
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