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    7701 Washington Ave Houston, TX 77007

    For Sale
    Contact for pricing

    Prime commercial land, two tracts available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents two tracts of prime commercial land totaling approximately 10.39 acres (452,773 square feet) in Houston, Texas. Located at 7701 Washington Avenue, this property boasts a highly desirable Inner Loop location, offering unparalleled access to major thoroughfares and a wealth of amenities. Tract 1 encompasses approximately 7.54 acres (328,633 square feet), while Tract 2 comprises approximately 2.85 acres (124,140 square feet). The site's strategic position directly across from Memorial Park provides stunning views and immediate access to green space. Its proximity to Interstate 10 West (IH-10), the 610 Loop, and US 290 ensures exceptional connectivity throughout the Houston metropolitan area. This versatile land is ideally suited for a wide range of commercial developments, including hotels, retail centers, medical facilities, or office buildings. The substantial lot sizes and prime location make this a rare and highly sought-after opportunity for investors seeking significant returns in a thriving Houston market. The property is situated in Harris County, Texas, with a zip code of 77007. This location offers easy access to a variety of businesses, residential areas, and recreational opportunities. Don't miss this chance to acquire a significant piece of Houston's commercial real estate landscape.

    Property Features for 7701 Washington Ave

    General Information

    Property type
    Land
    Lot Size
    124,146 SF

    HighLights

    • 7.54‑acre tract (328,633 SF)
    • 2.85‑acre tract (124,140 SF)
    • Prime Inner Loop location
    • Ideal for hotel, retail, medical, or office development
    • Situated north of I‑10 West along Washington Ave
    • Directly across from Memorial Park
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4344754
    Latitude
    29.7803084

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    FAQs

    What type of property is this?
    Land - Prime commercial land, two tracts available.
    Where is this land located?
    The property is located at 7701 Washington Ave Houston, TX.
    What are key features of this property?
    This property features: 7.54-acre tract (328,633 SF); 2.85-acre tract (124,140 SF); Prime Inner Loop location
    (713) 231-1640
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    7701 Washington Ave Houston, TX 77007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7701 Washington Ave Houston, TX 77007
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