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Investment Highlights

  • ±2.40 AC Commercial Development Site
  • Fully Approved 51-Room Hotel Development
  • Shovel-ready; utility taps paid Flexible Commercial Development Potential
  • Flexible Commercial Development Potential
  • Designed for King & Queen Guestroom Mix In-Room Kitchenettes (Extended-Stay Ready) Modern Rain Shower Bathrooms
  • Prime I-45 & Beltway 8 frontage

Executive Summary

Prime development opportunity in North Houston. ±2.40-acre commercial site strategically located near I-45 North Freeway, Beltway 8, and W Hardy Rd with excellent freeway visibility and access. Prime future development opportunity located near I-45, positioned in an area anticipated to benefit from future roadway expansion and redevelopment. The property includes a fully approved 51-room hotel development project with completed architectural, civil, structural, and MEP plans. With the motel project ready for construction, this property offers investors the opportunity to capitalize on the area's long-term growth and transformation. The Utility tap fees have already been paid, allowing a buyer to begin construction immediately without the time and uncertainty typically associated with permitting and approvals. The approved design includes a mix of king and queen guestrooms, modern bathrooms with rain showers, elevator access, and in-room kitchenettes suitable for extended-stay or limited-service hotel concepts (subject to brand approval).
In addition to the approved hospitality project, the site’s strategic location near George Bush Intercontinental Airport (IAH) and within a major industrial and logistics corridor makes it attractive for a variety of commercial development opportunities. Potential alternative uses may include hospitality, retail, office, contractor yard, service station, self-storage, or other commercial uses subject to buyer verification. The property benefits from proximity to major transportation infrastructure including I-45, Beltway 8, Hardy Toll Road, and the IAH airport corridor. The surrounding area contains significant industrial, logistics, and corporate activity, supporting strong demand from business travelers, contractors, and airport-related traffic.Flat topography, utilities available at site, and completed approvals create a rare shovel-ready development opportunity in a high-traffic commercial corridor of North Houston.
Ideal for hotel developers, investors, owner-operators, or commercial developers seeking a well-located site with immediate development potential.

Data Room Click Here to Access

Property Facts

Price $1,255,770 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Hospitality
  • Hotel
  • Motel
  • Retail Warehouse
  • Service Station
  • Warehouse
Total Lot Size 2.40 AC
No. Stories 1
Opportunity Zone Yes
Zoning None - Flexible commercial development potential per Houston land use regulations. City of Houston approved for 51-room hotel/motel.

1 Lot Available

Lot

Price $1,255,770 CAD
Price Per AC $523,237.51 CAD
Lot Size 2.40 AC

±2.40-acre commercial development site near I-45 & Beltway 8 in North Houston. Fully approved 51-room hotel project with architectural, civil, structural, and MEP plans complete. Utility tap fees paid. Flat site with excellent freeway visibility.

Description

±2.40-acre commercial development site located in North Houston near the intersection of I-45 North Freeway and Beltway 8 with secondary access from W Hardy Rd. The property offers excellent freeway visibility and accessibility in one of Houston’s most active transportation corridors. The site has been fully entitled for a 51-room hotel development with all architectural, civil, structural, and MEP plans completed and approved. Utility tap fees have already been paid, significantly reducing development timelines and allowing a buyer to move directly into construction. The approved hotel design features a modern limited-service or extended-stay layout including a mix of king and queen guestrooms, in-room kitchenettes, elevator access, and contemporary guestroom bathrooms. The design may be compatible with several nationally recognized hospitality brands, subject to brand approval. Located just minutes from George Bush Intercontinental Airport (IAH), the property benefits from strong demand drivers including airport traffic, nearby industrial and logistics operations, distribution centers, and corporate activity throughout the North Houston submarket. The site also offers flexibility for alternative commercial development. Houston’s flexible land use environment allows a range of potential uses including hospitality, retail, office, contractor yard, service station, or self-storage development subject to buyer verification. Key advantages of the property include flat topography, utilities available at site, high-visibility frontage along a major transportation corridor, and immediate proximity to Beltway 8, I-45, and Hardy Toll Road. This combination of location, completed approvals, and development readiness makes the property a rare shovel-ready opportunity for developers and investors seeking to capitalize on continued growth in the North Houston and airport corridor markets.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
1088310000017
Land Assessment
$879,363 CAD
Improvements Assessment
$0 CAD
Total Assessment
$879,363 CAD

Amenities

  • Utilities
  • Listing ID: 39418767

  • Date on Market: 2026-02-12

  • Last Updated:

  • Address: 722 N Sam Houston Pky E, Houston, TX 77060

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