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3101 Sage Rd Houston, TX 77056

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Rare Redevelopment Opportunity: Income-Producing, Multifamily

Property size:
22,176 SF

Property Features for 3101 Sage Rd

General Information

Property type
Multifamily properties
Square Feet
22,176 SF
Lot Size
43,560 SF

Building Details

Stories
9

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Listing Contact
Drew Altmann
Drew Altmann

Listing Agency: CRESA Houston Listing Agent: Drew Altmann

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 1-acre property at 3101 Sage Rd, Houston, TX 77056, presents a unique redevelopment opportunity in the heart of the Galleria area. The existing structure is a two-story hotel/apartment complex totaling between 22,176 and 99,384 square feet, spread across nine stories. The property boasts an existing parking garage, adding significant value to the redevelopment potential. Its prime location offers easy access to major thoroughfares, including Loop 610 and I-69/Hwy 59, ensuring excellent connectivity. The site is fully fenced and gated, enhancing security. Existing amenities include a swimming pool and cell towers, providing additional income streams or potential for expansion. The property is zoned without restrictions, allowing for a wide range of development possibilities. This income-producing asset presents a rare chance to capitalize on the Galleria's thriving market and create a high-value development. The property's size and location make it ideal for a variety of projects, from luxury apartments to mixed-use developments. This is a truly exceptional opportunity for investors seeking a high-impact project in a prime Houston location. Harris County location offers further advantages.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mister Valet Parking Parking Lot & Garage OYO Hotel & Apartments ... Hotel & Motel Liberty Auto Connections Consultant Stellar Stay Travel Agency Galleria Garage Hotel Hotel & Motel

Suggested Use

Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

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  • Local Demand
City
Houston
County
Harris
State
Texas
Longitude
-95.4662724
Latitude
29.7348802

FAQs

What type of property is this?
Multifamily property - Rare Redevelopment Opportunity: Income-Producing, Multifamily
Where is this multifamily property located?
The property is located at 3101 Sage Rd Houston, TX.
What are key features of this property?
This property features: High-yield covered land with existing income stream.; Prime redevelopment site near the Galleria area.; Two-story multifamily property (hotel/apartment complex).
(713) 275-3815 Call to check price and availability
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