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    3233 11Th St Houston, TX 77008

    Sponsored
    For Sale
    Contact for pricing

    5.23 Acres, Prime Houston Location

    Property size:
    227,819 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.23-acre mixed-use development site is ideally situated in the heart of Houston's Independence Heights neighborhood. Boasting a substantial 227,819 square feet, this vacant property presents a unique opportunity for a high-impact project. Its prime location offers unparalleled access to major thoroughfares, including I-10 (less than a mile south), and 610 and 290 (within two miles). This strategic positioning ensures seamless connectivity to Houston's vibrant business districts. The property is minutes from Downtown Houston, a hub for 4,600 businesses and 170,000 employees, and enjoys proximity to the Uptown/Galleria District, renowned for its high-fashion retail and hotels. Furthermore, the site is within three miles of the Greater Heights, Galleria/Uptown District, and Washington Corridor, offering abundant entertainment and retail options. Adding to its appeal, Memorial Park is adjacent to the property. The property's APN is 0440820000120. With a 1% cap rate, this is a compelling investment opportunity in a highly sought-after area, promising significant potential for future development. The address is 3233 W 11th St, Houston, TX 77008. This is a rare chance to acquire a large-scale development site in one of Houston's most desirable neighborhoods.

    Property Features for 3233 11Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    227,819 SF
    Lot Size
    227,819 SF

    HighLights

    • 5.23‑acre mixed‑use development site in Houston's Independence Heights neighborhood.
    • 227,819 square foot vacant lot with excellent access to I‑10, 610, and 290.
    • Prime location minutes from Downtown Houston, Uptown/Galleria, and the Greater Heights, offering strong connectivity and abundant amenities.
    • Adjacent to Memorial Park.
    • APN: 0440820000120, Address: 3233 W 11th St, Houston, TX 77008.
    Property Profile Location Intelligence

    Current Use by Public Records

    Texas State Protection ... Security Service Gulf Coast AccuSearch Association Or Organization Meridian Energy Group, ... Contractor Renewal By Anderson Corporate Office Meridian Alliance Group Environmental Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.433489
    Latitude
    29.788975

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    FAQs

    What type of property is this?
    Mixed-use property - 5.23 Acres, Prime Houston Location
    Where is this mixed-use property located?
    The property is located at 3233 11Th St Houston, TX.
    What are key features of this property?
    This property features: 5.23-acre mixed-use development site in Houston's Independence Heights neighborhood.; 227,819 square foot vacant lot with excellent access to I-10, 610, and 290.; Prime location minutes from Downtown Houston, Uptown/Galleria, and the Greater Heights, offering strong connectivity and abundant amenities.
    (713) 212-1555
    Request Owner's contact information
    3233 11Th St Houston, TX 77008
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    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
    3233 11Th St Houston, TX 77008
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