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Redevelopment Opportunity in Houston Corridor

151 West Rd, Houston, TX 77037

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For Sale

$1,175,000

1.057-acre site with 5,600SF building, ideal for redevelopment.

Type:Investment

Property size:

5,600 SF

Lot size:

1.06 Acres

Price / SF:

$209/SF

HighLights

1.057 acre redevelopment opportunity in Houston's Aldine corridor.
Located in a federally designated Opportunity Zone with potential tax incentives.
High visibility location near I‑45 and surrounded by national brands.
Suitable for duplex, triplex, mixed‑use, auto‑oriented, or service‑based development.
5,600SF brick building already on site.
Flat, level site with paved frontage, off‑street parking, and excellent exposure to daily consumer traffic.

We can help!

Contact an agent

Martin Reyes

For Sale

$1,175,000

1.057-acre site with 5,600SF building, ideal for redevelopment.

Type:Investment

Property size:

5,600 SF

Lot size:

1.06 Acres

Price / SF:

$209/SF

Added:: Mar 10, 2026
Days on Market:: 120
Last Refresh:: Jul 2 at 8:54 pm

Property Features for 151 West Rd

General Information

Standard status: Active
Size: 5,600 SF
Lot size: 1.06 Acres
Property subtype: Investment

Building Details

Year Built: 1968

We can help!

Contact an agent

Martin Reyes

Listing office

Listing date Mar 10, 2026

Source Elliman

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 Martin Reyes

HighLights

1.057 acre redevelopment opportunity in Houston's Aldine corridor.
Located in a federally designated Opportunity Zone with potential tax incentives.
High visibility location near I‑45 and surrounded by national brands.
Suitable for duplex, triplex, mixed‑use, auto‑oriented, or service‑based development.
5,600SF brick building already on site.
Flat, level site with paved frontage, off‑street parking, and excellent exposure to daily consumer traffic.

Overview

The property at 151 West Rd offers a redevelopment opportunity on 1.057 acres, featuring a 5,600 square foot brick building. Located in Houston's Aldine corridor, the site is suitable for duplex, triplex, or mixed-use development. It also presents potential for auto-oriented or service-based businesses due to its visibility and traffic exposure. The property's location near I45 and its proximity to national brands like McDonald's, Chick-fil-A, and Raising Cane's indicate strong market demand. The flat, level site includes paved frontage, off-street parking, and exposure to daily consumer traffic. Situated in a federally designated Opportunity Zone, the property allows for build-to-rent, lease, hold, or redevelopment strategies, with potential tax incentives. This versatile investment site is located in one of Houston's growth corridors.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$134.4k	$24.00
− Vacancy	−$16.1k	−$2.88
EGI	$118.3k	$21.12
− OpEx	−$44.4k	−$7.92
NOI	$73.9k	$13.20

5,600 SF · lease $24.00/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$1.06M

$924.0K – $1.23M (±1% cap)

NOI $73,920 @ 7.0% cap · market cap 6.29%

Second Best

Multifamily LT 5

$1.05M

$916.8K – $1.22M (±1% cap)

NOI $73,347 @ 7.0% cap · market cap 6.24%

Theoretical Best

Office A

$1.44M

$1.26M – $1.68M (±1% cap)

NOI $100,800 @ 7.0% cap · market cap 8.58%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Aldine Lodge 1412 ... Community Center Billy W. Tinsley ... Community Center

Suggested Use

Location Insight

Map
Local Demand

City: Houston
County: Fort Bend
State: Texas
Longitude: -95.4055
Latitude: 29.9148

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For sale
Commercial land
TX
Houston
77037
151 West Rd

What type of property is this?

Commercial land - 1.057-acre site with 5,600SF building, ideal for redevelopment.

Where is this commercial land located?

The property is located at 151 West Rd Houston, TX.

What is the asking price?

The asking price for this property is $1,175,000.

What are key features of this property?

This property features: 1.057 acre redevelopment opportunity in Houston's Aldine corridor.; Located in a federally designated Opportunity Zone with potential tax incentives.; High visibility location near I‑45 and surrounded by national brands.