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5229 Griggs Rd Houston, TX 77021

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For Sale
$1,690,000

Two-acre commercial land near UH, TSU, and Medical Center.

Lot size:
2.00 Acres

Property Features for 5229 Griggs Rd

General Information

Standard status
Active
Lot size
2.00 Acres

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Listing Contact
Eric Garcia
Source: Corcoran

Listing Agency: CARLOS GARCIA REALTY, INC. Listing Agent: Eric Garcia

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Prime Land in Houston, TX

This property features two acres of commercial land situated in an inner loop location near the intersection of Griggs Rd and MLK in southeast Houston. The area is experiencing rapid development and is located near the University of Houston, Texas Southern University, and the Medical Center. Currently, there are two buildings on the property. Building #1 is owner-operated as a discount store and convenience store on a month-to-month basis. Building #2 is vacant. The property is being sold for its land value, presenting opportunities for repurposing or redevelopment. The owner may consider a temporary short-term lease back or will deliver the property vacant upon closing.
Location Intelligence

Current Use by Public Records

Nothing Over 99 ... Discount Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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  • Local Demand
City
Houston
County
Fort Bend
State
Texas
Longitude
-95.3353877
Latitude
29.6979533

FAQs

What type of property is this?
Commercial land - Two-acre commercial land near UH, TSU, and Medical Center.
Where is this commercial land located?
The property is located at 5229 Griggs Rd Houston, TX.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: - Prime inner loop location in a rapidly developing area near UH, TSU, and the Medical Center.; - Large 2-acre lot being sold for land value.; - Many opportunities to repurpose or redevelop the land.
More about this property
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