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    211 Lockwood Dr Houston, TX 77011

    For Sale
    Contact for pricing

    Prime Houston Retail Pad Site, 0.98 Acres

    Property size:
    3,442 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.98-acre commercial land parcel, located at 211-217 Lockwood Drive in Houston, Texas, presents a unique investment opportunity. The property boasts a highly visible location between Canal and Navigation, ideal for a retail pad site or townhouse redevelopment. The existing improvements include a 3,442 square foot building constructed in 1920, featuring brick, frame, and metal construction. The total land area encompasses 42,500 square feet. This property is situated in the heart of Houston's Greater East End, offering proximity to major attractions such as the Toyota Center, Minute Maid Park, and the George R. Brown Convention Center. The surrounding neighborhood is experiencing significant growth, with numerous new retail and residential developments underway. The high-traffic location ensures excellent visibility and accessibility. This property is available for sale or ground lease, making it a versatile option for various development scenarios. The property's address is 211 Lockwood Dr, Houston, TX 77011, and sits within Harris County. The zoning is not specified. This is a one-story building on a single lot. The property is suitable for a variety of commercial uses. The property's location offers excellent access to major transportation routes and is surrounded by a thriving commercial and residential area. This presents a rare opportunity to acquire a well-positioned property in a rapidly developing area of Houston.

    Property Features for 211 Lockwood Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,442 SF
    Lot Size
    42,689 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    1

    HighLights

    • 0.98‑acre commercial land parcel (42,500 SF) at 211‑217 Lockwood Dr, Houston, TX 77011.
    • Highly visible location in Houston's Greater East End, between Canal and Navigation.
    • Existing 3,442 SF building (1920 construction), brick, frame, and metal.
    • Ideal for retail pad site or townhouse redevelopment.
    • Available for sale or ground lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lowe & Son Transportation Trucking Company Double Take Barber ... Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.325555660225
    Latitude
    29.748933910375

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    FAQs

    What type of property is this?
    Individual retail property - Prime Houston Retail Pad Site, 0.98 Acres
    Where is this individual retail property located?
    The property is located at 211 Lockwood Dr Houston, TX.
    What are key features of this property?
    This property features: 0.98-acre commercial land parcel (42,500 SF) at 211-217 Lockwood Dr, Houston, TX 77011.; Highly visible location in Houston's Greater East End, between Canal and Navigation.; Existing 3,442 SF building (1920 construction), brick, frame, and metal.
    (713) 823-2121
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    211 Lockwood Dr Houston, TX 77011
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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
    211 Lockwood Dr Houston, TX 77011
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