Commercial Land Redevelopment
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2900 W Sam Houston Parkway South, Houston, TX 77042
Redevelopment land with utilities on site, existing impervious improvements, and strong visibility along a frontage road.
Lot Size2.06 Acres
Days on Market666
Property Features for 2900 W Sam Houston Parkway South
General Information
Standard status
Active
Lot size
2.06 Acres
Property subtype
LAND
Listing Agency:
Texas CRES
(713) 473-7200
Listed By:
Joel C. English · License #465800
Source:
Moodyscre
Added: Oct 3, 2024
Changed: Jul 30
Last Checked: Jul 30 at 9:06AM
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 Texas CRES
Investment Insights
Based on property information with market context.
Redevelopment opportunity on an existing predominantly impervious site in Houston. The prior hotel has been demolished, while the foundation of the building and the parking lot remain. Utilities are already brought to the site, including gas, water, electricity, and sewer, which may help reduce development timelines and costs.
The site includes three existing water lines: a 4" domestic service line, a 2" irrigation line, and a 6" or 8" fire sprinkler line. Because the property is largely impervious (existing concrete and slab), it may allow for reduced detention requirements under current City of Houston redevelopment guidelines, with potential detention credit of approximately 0.4 acre-foot per acre for existing impervious cover.
Located on Beltway 8, the property has approximately 215 feet of frontage on the Beltway 8 frontage road and is about 0.15 miles to Westheimer Rd. High traffic counts include over 152,000 VPD on Beltway 8 and 158,000 VPD on Westheimer Rd, per TxDOT. The site may also be well suited for self-storage given surrounding population density and demand drivers described in the remarks.
The site includes three existing water lines: a 4" domestic service line, a 2" irrigation line, and a 6" or 8" fire sprinkler line. Because the property is largely impervious (existing concrete and slab), it may allow for reduced detention requirements under current City of Houston redevelopment guidelines, with potential detention credit of approximately 0.4 acre-foot per acre for existing impervious cover.
Located on Beltway 8, the property has approximately 215 feet of frontage on the Beltway 8 frontage road and is about 0.15 miles to Westheimer Rd. High traffic counts include over 152,000 VPD on Beltway 8 and 158,000 VPD on Westheimer Rd, per TxDOT. The site may also be well suited for self-storage given surrounding population density and demand drivers described in the remarks.
Key Highlights
- Hotel demolished; foundation and parking lot remain for redevelopment
- Utilities on site: gas, water, electricity, and sewer
- Existing water lines: 4" domestic, 2" irrigation, and 6" or 8" fire sprinkler
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
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Business Placement
Demographics for 77042, TX
41,177
Population
21,252
Households
1.9
Avg Household Size
34
Median Age
44%
College-Educated
89%
High-School Grad
6.2 sq mi
ZIP Area
6,641
Density / Sq Mi
$57,745
Median Household Income
$40,687
Median Earnings
$1,287
Median Rent
$371,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Redevelopment land with utilities on site, existing impervious improvements, and strong visibility along a frontage road.
Where is this commercial land located?
The property is located at 2900 W Sam Houston Parkway South Houston, TX.
What are key features of this property?
This property features: Hotel demolished; foundation and parking lot remain for redevelopment; Utilities on site: gas, water, electricity, and sewer; Existing water lines: 4" domestic, 2" irrigation, and 6" or 8" fire sprinkler