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    2020 Lawrence St Houston, TX 77008

    Sponsored
    For Sale
    Contact for pricing

    0.9-acre mixed-use development site

    Property size:
    13,162 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.9-acre commercial property, located at 2020 Lawrence Street in Houston, Texas, presents a unique investment opportunity. Situated in the vibrant Houston Heights neighborhood, this mixed-use lot offers 13,162 square feet of potential development space. The property's prime location within this rapidly growing area benefits from the recent surge in new businesses, restaurants, and residential projects. The Houston Heights is known for its blend of historic charm and modern amenities, creating a highly desirable environment for both residents and businesses. Built in 1990, this site provides a blank canvas for a variety of commercial ventures, capitalizing on the area's strong demand and consistent growth. The 77008 zip code is a highly sought-after address, offering excellent visibility and accessibility. This property is ideal for developers seeking to create a thriving commercial space within a thriving community. Its size and location make it suitable for a range of projects, from boutique retail to office space, or a mixed-use development combining both. The opportunity to contribute to the continued revitalization of the Houston Heights while securing a strong return on investment is undeniable. This is a rare chance to acquire a significant parcel of land in one of Houston's most desirable and dynamic neighborhoods. The property's address is 2020 Lawrence Street, Houston, Harris County, Texas, 77008.

    Property Features for 2020 Lawrence St

    General Information

    Property type
    Specialty properties
    Square Feet
    13,162 SF
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1990

    HighLights

    • 0.9‑acre mixed‑use land parcel in Houston, Texas.
    • 13,162 square feet of land.
    • Located at 2020 Lawrence Street, Houston, TX 77008.
    • Built in 1990.
    • Situated in the revitalized Houston Heights neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    B-Good Studios Advertising Agency Sunrise Delivery Trucking Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4078367
    Latitude
    29.8046346

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    FAQs

    What type of property is this?
    Specialty property - 0.9-acre mixed-use development site
    Where is this specialty property located?
    The property is located at 2020 Lawrence St Houston, TX.
    What are key features of this property?
    This property features: 0.9-acre mixed-use land parcel in Houston, Texas.; 13,162 square feet of land.; Located at 2020 Lawrence Street, Houston, TX 77008.
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    2020 Lawrence St Houston, TX 77008
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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
    2020 Lawrence St Houston, TX 77008
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