Houston Infill Redevelopment
6445 High Star Dr, Houston, TX 77074
Two vacant commercial buildings on 1.2 acres for sale.
Type:Land, Office, Retail, Special Purpose
Property size:
12,500 SFLot size:
1.20 AcresPrice / SF:
$254/SF- Added:
- Jan 24, 2026
- Days on Market:
- 154
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 6445 High Star Dr
General Information
- Standard status
- Active
- Size
- 12,500 SF
- Lot size
- 1.20 Acres
- Property subtype
- Land, Office, Retail, Special Purpose
Building Details
- Year Built
- 1973
Listing office Coldwell Banker Commercial Universal
Listing date Jan 24, 2026
Source Crexi
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 Coldwell Banker Commercial Universal
HighLights
- 1.2‑acre corner site in Southwest Houston with dual street frontage.
- Located within a federally designated Opportunity Zone.
- Not subject to zoning restrictions, offering flexible use potential.
- Repositioned pricing aligns closely with underlying land value.
- Strong access to Hillcroft Avenue, Westpark Tollway, and I‑69.
- Existing structures and infrastructure remain intact.
Overview
This infill investment opportunity features two freestanding commercial buildings totaling approximately 12,500 square feet on a combined ±1.2-acre corner site in Southwest Houston. Located at the corner of High Star Dr and Rookin St, the property offers dual street frontage and flexible use potential. The site is located within a federally designated Opportunity Zone and is not subject to zoning restrictions. Both buildings are currently vacant and will require reinvestment prior to stabilization. During the vacancy period, the properties experienced vandalism, which has been factored into pricing. The structures and infrastructure remain intact. This offering is suited for buyers seeking infill land control with redevelopment optionality rather than stabilized income. Existing improvements provide interim flexibility, while the site fundamentals support future redevelopment. The surrounding area is characterized by dense residential neighborhoods, established retail corridors, and strong access to Hillcroft Avenue, Westpark Tollway, and I-69. These fundamentals support a wide range of potential uses including medical office, education, service retail, workforce housing, or future redevelopment. This is an execution-driven opportunity in a supply-constrained infill location, offering buyers the ability to create value through targeted investment while acquiring land and existing improvements. The Opportunity Zone designation, flexible use profile, and repositioned pricing combine to provide long-term strategic optionality and multiple exit strategies.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $315.0k | $25.20 |
| − Vacancy | −$31.5k | −$2.52 |
| EGI | $283.5k | $22.68 |
| − OpEx | −$113.4k | −$9.07 |
| NOI | $170.1k | $13.61 |
12,500 SF · lease $25.20/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.43M
$2.13M – $2.84M
NOI $170,100 @ 7.0% cap · market cap 5.34%
Second Best
Retail
$2.42M
$2.12M – $2.82M
NOI $169,495 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$3.21M
$2.81M – $3.75M
NOI $225,000 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
ROCIO TRUJILLO
Pediatrician
ELIZABETH GARCIA
Pediatrician
Nadya N Parrilla
Pediatrician
PEDRO ENRIQUE ALVAREZ
Pediatrician
Ying-Ying Wood, MD
Alternative Medicine Practice
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.4965382
- Latitude
- 29.7103516
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Two vacant commercial buildings on 1.2 acres for sale.
Where is this commercial land located?
The property is located at 6445 High Star Dr Houston, TX.
What is the asking price?
The asking price for this property is $3,185,000.
What are key features of this property?
This property features: 1.2‑acre corner site in Southwest Houston with dual street frontage.; Located within a federally designated Opportunity Zone.; Not subject to zoning restrictions, offering flexible use potential.
