Prime Land in Developing
For Sale
$2,100,000
5151 Martin Luther King Boulevard, Houston, TX 77021
Over 60,000 SF of land in a rapidly developing area.
Property SizeContact for details
Days on Market503
Property Features for 5151 Martin Luther King Boulevard
General Information
Standard status
Active
Site & Location
Neighborhood
Macgregor
Listing Agency:
WOMACK DEVELOPMENT & INVESTMENT REALTORS
Listed By:
GERALD WOMACK · License #0199047
(281) 235-6940
Source:
Corcoran
Added: Jun 9, 2025
Changed: Mar 16
Last Checked: Oct 23 at 10:20AM
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 WOMACK DEVELOPMENT & INVESTMENT REALTORS
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Investment Insights
Based on property information with market context.
This property offers a rare opportunity to acquire over 60,000 square feet of land situated in a rapidly developing area. The location benefits from ongoing commercial developments, including the University of Houston's Tilman J. Fertitta Family College of Medicine, which is less than one mile away. Additional community investment is evident with a new bank currently under construction directly across the street. Area attractions include convenient access to the Metro Rail Line, Highway 288, the Texas Medical Center, MacGregor Public Park and Recreation Center, a public library, and three major universities.
Key Highlights
- Over 60,000 sq ft of land in a rapidly developing area.
- Proximity to the University of Houston's Tilman J. Fertitta Family College of Medicine (less than 1 mile).
- New bank being built directly across the street.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
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Business Placement
Demographics for 77021, TX
28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - Over 60,000 SF of land in a rapidly developing area.
Where is this land located?
The property is located at 5151 Martin Luther King Boulevard Houston, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Over 60,000 sq ft of land in a rapidly developing area.; Proximity to the University of Houston's Tilman J. Fertitta Family College of Medicine (less than 1 mile).; New bank being built directly across the street.
