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    3055 Sage Rd Houston, TX 77056

    Sponsored
    For Sale
    Contact for pricing

    Prime 1-Acre Houston Land, Endless Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre commercial land parcel presents a unique redevelopment opportunity in Houston's coveted Galleria submarket. Located at 3055 Sage Road, this prime hard corner site is a half-block from the Galleria mall's Nordstrom entrance, ensuring high visibility and accessibility. The property boasts unrestricted uses, meaning a wide range of development options are available, including hotel, retail, office, or residential projects. There are no height or density restrictions, subject to city ordinances, allowing for significant development flexibility. The site's strategic location offers immediate proximity to the Galleria mall, attracting over 30 million annual visitors and boasting 2.4 million square feet of retail space. Its adjacency to Lakes on Post Oak, a large mixed-use development with over one million square feet of office and residential space, further enhances its desirability. Sage Road is also home to several recently constructed hotels, indicating a thriving hospitality sector. Currently, the site includes a small retail center with short-term leases, a small hotel, and a 300-space parking structure, providing existing income potential or redevelopment opportunities. This property represents an unparalleled chance to capitalize on the Galleria area's robust growth and high demand. Located in Harris County, Texas, with a zip code of 77056, this is a truly exceptional investment prospect.

    Property Features for 3055 Sage Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Prime hard corner, 1‑acre lot, half‑block from Galleria's Nordstrom entrance.
    • Unrestricted use; potential for hotel, retail, office, or residential development.
    • No height or density restrictions (subject to city ordinances).
    • Adjacent to Lakes on Post Oak, a 1M+ SF mixed‑use development.
    • Exceptional Galleria location; 30M annual visitors, 2.4M SF of retail.
    • Located on Sage Road, near newly constructed hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Texas Taphouse Sports Bar Ashe Restaurant Hu Cynthia Dentist Loma Hamouie Ramadan Dentist Sage Plaza Shopping Mall

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Food Market Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4657317
    Latitude
    29.7350435

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    FAQs

    What type of property is this?
    Land - Prime 1-Acre Houston Land, Endless Potential
    Where is this land located?
    The property is located at 3055 Sage Rd Houston, TX.
    What are key features of this property?
    This property features: Prime hard corner, 1-acre lot, half-block from Galleria's Nordstrom entrance.; Unrestricted use; potential for hotel, retail, office, or residential development.; No height or density restrictions (subject to city ordinances).
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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
    3055 Sage Rd Houston, TX 77056
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