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Redevelopment Opportunity on Almeda Genoa
For Sale
$1,600,000

2722 E Almeda Genoa Road E, Houston, TX 77047

Commercial property suitable for redevelopment or various business ventures.

Lot Size1.25 Acres
Days on Market1665

Property Features for 2722 E Almeda Genoa Road E

General Information

Standard status Active
Lot size 1.25 Acres
Property subtype Land or Vacant Lot
Listing Agency: RUTLEDGE REAL ESTATE LLC
Listed By: NANCY FURST
Source: Corcoran
Added: Jan 7, 2022 Changed: Jul 6 Last Checked: Jul 30 at 7:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RUTLEDGE REAL ESTATE LLC

Investment Insights

Based on property information with market context.

The property features an existing building that is currently occupied. It presents a redevelopment opportunity suitable for a variety of commercial uses. Potential business ventures include a neighborhood cafe, breakfast club, storage facility, RV lot, dental facility, medical facility, or daycare, especially given the new apartments located next door. The surrounding area is undergoing redevelopment. Other possible uses include mini warehouses, self-storage, a Dairy Queen, Timmy Chan's, attorney's offices, or a pediatrician's office.

Key Highlights

  • High potential for redevelopment due to surrounding development.
  • Suitable for a variety of commercial uses. Consider cafe, storage, medical, etc.
  • Existing building on the property.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby

Demographics for 77047, TX

32,088
Population
13,288
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
89%
High-School Grad
13.8 sq mi
ZIP Area
2,325
Density / Sq Mi
$73,947
Median Household Income
$44,732
Median Earnings
$1,719
Median Rent
$224,200
Median Home Value

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial property suitable for redevelopment or various business ventures.
Where is this retail space located?
The property is located at 2722 E Almeda Genoa Road E Houston, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High potential for redevelopment due to surrounding development.; Suitable for a variety of commercial uses. Consider cafe, storage, medical, etc.; Existing building on the property.
More about this property
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