Listing Agency: Colliers - Houston, Texas c***@colliers.com Show Phone

Listed By: Chris Klein · License #TX 325140

Source: Crexi

Added: Jul 7, 2022 Changed: Jul 6 Last Checked: Aug 1 at 4:35AM

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Investment Insights

Based on property information with market context.

This property features approximately 5.6 acres of land situated in an urban infill location within Houston’s Greater Fifth Ward. The site benefits from full utilities. Its location is one block from I-10 E and Lockwood, near a Metro Bus Substation. The property is located within a Qualified Opportunity Zone.

Key Highlights

• ±5.6 acre land size in urban infill location
• Center of Houston’s Greater Fifth Ward
• Full utilities included

Property Analytics

Property Profile

Current Use

Wendy OnTheGo Greater ... Home Decor Store

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center HVAC Service Parking Lot & Garage Skin Care Clinic

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

682

Businesses Nearby

Explore this area Business Placement

Demographics for 77020, TX

24,846

Population

10,054

Households

2.5

Avg Household Size

35

Median Age

13%

College-Educated

65%

High-School Grad

7.8 sq mi

ZIP Area

3,185

Density / Sq Mi

$49,481

Median Household Income

$32,573

Median Earnings

$942

Median Rent

$133,600

Median Home Value

Market

Average Price Trend$/SF for Land in Houston, TX

– Feb

$315 Mar

$372 Apr

$290 May

$253 Jun

– Jul

Properties on Market for Land in Houston

Feb

Mar

Apr

May

Jun

Jul

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 5.6 acres of land in Houston's Greater Fifth Ward.

Where is this land located?

The property is located at 1702 Sakowitz St Houston, TX.

What are key features of this property?

This property features: ±5.6 acre land size in urban infill location; Center of Houston’s Greater Fifth Ward; Full utilities included