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7807 Main St - ±1.36 Acre Medical Center Development Site 1.36 Acres of Commercial Land Offered at $11,066,788 CAD in Houston, TX 77030
Investment Highlights
- Price/SF (Land): $135.00
- No zoning restrictions
- ±1.36 Acres (±59,211 SF)
- ±301 Feet of Main Street Frontage (±197 Feet of Parcel Depth)
Executive Summary
Marcus & Millichap is pleased to exclusively offer for sale ±1.36 acres of land, located at 7807 Main Street in Houston, Texas 77030. The subject property is an irreplaceable land site, benefitting from ±301 feet of retail frontage to Main Street (approximately 53,606 vehicles per day). The ±59,211 square feet of land is situated at the eastern quadrant of Main Street and Kirby Drive, situated approximately ¾ of a mile from the Medical Center and ½ of a mile from NRG Stadium. Given its ample frontage to a primary retail thoroughfare of the Medical Center and NRG Stadium, the property is well positioned for development of high-rise multifamily, hospitality, medical/life science facilities, retail, or mixed use. The subject property also currently has ±47,918 square feet of flex/office shell improvements that could be built out or redeveloped for an owner-user opportunity at an attractive cost-basis or demolished for ground-up development.
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- Offering Memorandum
Property Facts
| Price | $11,066,788 CAD | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 1.36 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Cross Streets | Kirby Drive |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Price | $11,066,788 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.36 AC |
| No. Stories | 1 |
| Cross Streets | Kirby Drive |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $11,066,788 CAD | Lot Size | 1.36 AC |
| Price Per AC | $8,143,331.86 CAD |
| Price | $11,066,788 CAD |
| Price Per AC | $8,143,331.86 CAD |
| Lot Size | 1.36 AC |
±1.36 Acres (±59,211 SF) ±47,918 SF of Shell Flex Office Utilities: City of Houston Flood Zone: 500 Year and 100 Year No zoning restrictions ±301 Feet of Main Street Frontage, (±197 Feet of Parcel Depth)
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0440920000940 | Improvements Assessment | $1,172,034 CAD |
| Land Assessment | $2,459,435 CAD | Total Assessment | $3,631,470 CAD |
Property Taxes
Parcel Number
0440920000940
Land Assessment
$2,459,435 CAD
Improvements Assessment
$1,172,034 CAD
Total Assessment
$3,631,470 CAD
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7807 Main St - ±1.36 Acre Medical Center Development Site
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