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Fannin St 5.27 Acres of Commercial Land in Houston, TX 77054
INVESTMENT HIGHLIGHTS
- Direct access off Fannin St. with over 500’ of frontage
- Located within Economic Opportunity Zone
EXECUTIVE SUMMARY
A unique opportunity consisting of ±5.27 acres of land, ripe for development situated on Fannin St., directly across from NRG Park and just south of Texas Medical Center, a highly sought-after area in Houston, TX. The collection of venues known as NRG Park hosts over 500 events per year from concerts, to sporting events, conventions, and the Houston Livestock Show and Rodeo, an annual event with more than 2.4 million visitors to NRG Park, average daily attendance ranging from 62k-214k people. Less than 2 miles north of the site is the Texas Medical Center (TMC), the largest medical complex in the world. TMC consists of 61 institutions, which include 21 hospitals with 10 million annual visitors and over 120,000 employees. Situated off 610, the site benefits from approximately 500’ of frontage along Fannin St. seeing 25,631 VPD. Additionally, the site has excellent access from the Stadium/Astrodome METRO Rail Station, just a block north of the site, served by the Red Line, which carries over 40,000 passengers daily and connecting UHD, Downtown/Midtown, and the TMC to NRG Park. As the market area around NRG Park evolves, raw land sites like this are hard to come by as demand is high for fresh, shovel-ready dirt.
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 5.27 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Unrestricted | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.27 AC |
| Opportunity Zone |
Yes |
| Zoning | Unrestricted |
1 LOT AVAILABLE
Lot
| Lot Size | 5.27 AC |
| Lot Size | 5.27 AC |
±5.27 Acres located along Fannin St. just north of 610 directly across from NRG Park and just south of Texas Medical Center in Houston, TX
PROPERTY TAXES
| Parcel Number | 1272420010001 | Improvements Assessment | $0 CAD |
| Land Assessment | $7,137,429 CAD | Total Assessment | $7,137,429 CAD |
PROPERTY TAXES
Parcel Number
1272420010001
Land Assessment
$7,137,429 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,137,429 CAD
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