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Prime Land in Houston Midtown
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2902 Caroline St, Houston, TX 77002

Unrestricted land in Houston's Innovation Corridor, ideal for development.

Property SizeContact for details
Days on Market746

Property Features for 2902 Caroline St

General Information

Standard status Active
Property subtype Land
Listing Agency: Partners
Listed By: Zane Carman · License #TX 677317
Source: Crexi
Added: Jul 26, 2024 Changed: Aug 9 Last Checked: Aug 9 at 7:58AM

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 Partners

Investment Insights

Based on property information with market context.

This commercial land is located in Houston's Midtown area and benefits from its exemption from minimum parking regulations. Situated outside both the 100-year and 500-year floodplains, the property also lies within a Qualified Opportunity Zone (QOZ). All city utilities are available on-site. The property features frontage on the recently completed Caroline Street reconstruction and is located along Houston’s rapidly growing Innovation Corridor. It is also located two blocks from the Metro Rail Red-Line. The property has no zoning restrictions, as it is located within the City of Houston.

Key Highlights

  • Located within a Qualified Opportunity Zone (QOZ)
  • No Zoning - Midtown is Exempt from Minimum Parking Regulations
  • All Utilities Existing to Site

Property Analytics

Current Use

Wonton Food Corporation Big Box & Wholesale Store Wontons Fortune, cookie ... Restaurant

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom Storage Facility Pet Grooming Service Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10,858
Businesses Nearby

Demographics for 77002, TX

19,844
Population
8,960
Households
2.2
Avg Household Size
34
Median Age
37%
College-Educated
86%
High-School Grad
2.0 sq mi
ZIP Area
9,922
Density / Sq Mi
$85,436
Median Household Income
$54,755
Median Earnings
$1,860
Median Rent
$286,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Unrestricted land in Houston's Innovation Corridor, ideal for development.
Where is this commercial land located?
The property is located at 2902 Caroline St Houston, TX.
What is the asking price?
The asking price for this property is $7,811,500.
What are key features of this property?
This property features: Located within a Qualified Opportunity Zone (QOZ); No Zoning - Midtown is Exempt from Minimum Parking Regulations; All Utilities Existing to Site
(713) 985-4631 Call to check price and availability
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