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Unrestricted Development Land Site
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1500 Old Spanish Trail, Houston, TX 77054

Unrestricted land with multiple access points and high-visibility access at a major Texas Medical Center intersection.

Property Size54,000 SF
Days on Market41

Property Features for 1500 Old Spanish Trail

General Information

Standard status Active
Size 54,000 SF
Property subtype Industrial
Listing Agency: CBRE, Inc.
Listed By: Angela Barber
Source: Cbre
Added: Jul 24 Changed: Aug 27 Last Checked: Sep 1 at 3:43PM

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 CBRE, Inc.

Investment Insights

Based on property information with market context.

This unrestricted development site represents one of the few remaining large-scale parcels in the Texas Medical Center. The property is surrounded by streets on all four sides, with eight access points and the ability to add more to support a range of site planning needs.

Located at the intersection of Hwy 90 (Old Spanish Trail) and Greenbriar Dr, the site is visible to more than 28,000 vehicles per day. It also has direct connection to NRG Park through N Stadium Dr, and the METRORail on Greenbriar provides service linking the area to the remainder of the Texas Medical Center, the Museum District, and the CBD.

Given its unrestricted status and surrounding street frontage, the property offers flexibility for a variety of potential uses, including medical, life sciences, multifamily, office, hospitality, and other development concepts.

Key Highlights

  • Unrestricted development site in the Texas Medical Center with street access on all four sides
  • Located at the intersection of Hwy 90 (Old Spanish Trail) and Greenbriar Dr
  • Visible to over 28k vehicles per day

Property Analytics

Current Use

Smith Lands South ... Parking Lot & Garage

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Hair Salon Auto Repair Shop

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

2,246
Businesses Nearby

Demographics for 77054, TX

24,419
Population
18,845
Households
1.3
Avg Household Size
31
Median Age
65%
College-Educated
98%
High-School Grad
5.3 sq mi
ZIP Area
4,607
Density / Sq Mi
$59,087
Median Household Income
$48,452
Median Earnings
$1,413
Median Rent
$173,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Unrestricted land with multiple access points and high-visibility access at a major Texas Medical Center intersection.
Where is this commercial land located?
The property is located at 1500 Old Spanish Trail Houston, TX.
What are key features of this property?
This property features: Unrestricted development site in the Texas Medical Center with street access on all four sides; Located at the intersection of Hwy 90 (Old Spanish Trail) and Greenbriar Dr; Visible to over 28k vehicles per day
More about this property
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