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4134 Southerland Rd - 4.5-Acre Houston Parcel | 156UnitsShovelReady 4.5 Acres of Commercial Land Offered at $3,418,240 CAD in Houston, TX 77092

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INVESTMENT HIGHLIGHTS

  • Completely shovel ready project with all plans approved and fees paid to government. 156 units apartment complex with plans ready to go.
  • CIVE engineering has all the plans for those interested.

EXECUTIVE SUMMARY

4.5-ACRE HOUSTON DEVELOPMENT SITE. Very rare shovel ready apartment complex project ready to go.
The site is near US 610 loop, Beltway 8, and I-10. The downtown is approximately 10 miles away.
Those who need more land Additional lots next door are also available from other sellers but same broker. (totaling slightly more than 6 acres)
https://reporting.loopnet.com/report/57a6039e-acb5-4293-abc1-711637ba2a7a
4134 Southerland Roads neighborhood is full of shopping and dining but also close to the major highways whenever residents want to go to downtown pr suburbs. Major retailers serving the surrounding area include Target, Walmart Supercenter, Burlington, Costco Wholesale, The Home Depot, Kroger, Sams Club, H-E-B, Ikea, and quick eats at Chick-fil-A, Golden Corral, Raising Canes, Whataburger, and so much more. Local favorites are Cali Kitchen & Bar and Logans Roadhouse. As part of the Cypress-Fairbanks Independent School District, young families can attend the pristine public schools in the area, which average scores of 90 out of 100 overall with the Texas Education Agency and are known for offering top-notch athletics and fine arts programs.
CoStar Analytics shows that 48% of the surrounding 5 miles comprise renter-occupied households, with 62% being one, two, or four units. A reported 56% of the areas households are one- and two-person households and 17% are three- and four-person households. Over $3.5 billion is spent and generated annually in the local Harris County economy. Over a quarter of the areas residents have attained a bachelor's degree or higher, and the average household income exceeds $93,000 a thriving community.
For more information, contact broker directly.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $3,418,240 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Auto Repair
  • Carwash
  • Daycare Centre
  • Healthcare
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Service Station
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 4.50 AC

1 LOT AVAILABLE

Lot

Price $3,418,240 CAD
Price Per AC $759,608.90 CAD
Lot Size 4.50 AC

Perfect rectangular 4.5 acre lot. Approved land for multifamily development. It is in Harris County/ the Fairbanks-Northwest Crossing neighborhood and has been approved plans for 156 units. More land next door is available for sale too.

DESCRIPTION

Shovel ready 156 units apartment complex project ready to be built with all permits and approvals in place.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0302260080025
Land Assessment
$1,318,708 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,318,708 CAD
  • Listing ID: 33362407

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: 4134 Southerland Rd, Houston, TX 77092

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