Commercial Land with Two
For Sale
$1,499,000
5229 Griggs Road, Houston, TX 77021
Two-building site on 2 acres, with one discount store operating month-to-month and a second vacant building.
Property SizeContact for details
Lot Size2.00 Acres
Days on Market214
Property Features for 5229 Griggs Road
General Information
Standard status
Active
Lot size
2.00 Acres
Property subtype
Lots
Taxes and HOA fees
Annual Taxes
$25,539
Listing Agency:
Carlos Garcia Realty, Inc.
Listed By:
Eric Garcia · License #0690804
(713) 928-5211
Source:
Mpowerrealtygroup
Added: Feb 16
Changed: Sep 18
Last Checked: Sep 18 at 11:38AM
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 Carlos Garcia Realty, Inc.
Investment Insights
Based on property information with market context.
Commercial land for sale on 2 acres, marketed for land value and improved with two buildings. Building #1 is currently owner-operated on a month-to-month basis as a discount store/convenience store. Building #2 is vacant. The owner may consider a temporary short-term lease back, or will deliver the property vacant upon closing.
The property is described as an inner loop location in southeast Houston near the intersection of Griggs Rd and MLK, in a rapidly developing area near UH, TSU, and the Medical Center.
This is a two-building assemblage that can be maintained with the existing use for Building #1 or positioned for redevelopment, depending on how the buildings are treated at closing.
The property is described as an inner loop location in southeast Houston near the intersection of Griggs Rd and MLK, in a rapidly developing area near UH, TSU, and the Medical Center.
This is a two-building assemblage that can be maintained with the existing use for Building #1 or positioned for redevelopment, depending on how the buildings are treated at closing.
Key Highlights
- Two‑building site on 2 acres near the intersection of Griggs Rd and MLK in southeast Houston
- Building #1 is an owner‑operated discount store/convenience store on a month‑to‑month basis
- Building #2 is vacant
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Two-building site on 2 acres, with one discount store operating month-to-month and a second vacant building.
Where is this commercial land located?
The property is located at 5229 Griggs Road Houston, TX.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Two‑building site on 2 acres near the intersection of Griggs Rd and MLK in southeast Houston; Building #1 is an owner‑operated discount store/convenience store on a month‑to‑month basis; Building #2 is vacant
