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    Bastrop St Houston, TX 77003

    For Sale
    $10,000,000

    2.17 Acres, $10M Asking Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.174-acre commercial land parcel presents a remarkable investment opportunity in Houston's vibrant East Downtown (EaDo) district. Located at the intersection of Bastrop Street and within walking distance of major landmarks, this property offers unparalleled access to Minute Maid Park, Discovery Green, the George R. Brown Convention Center, Toyota Center, and BBVA Compass Stadium. The site boasts a total area of approximately 94,700 square feet, making it ideal for a variety of high-impact commercial developments. The asking price for this prime location is $10,000,000, translating to a land value of $105.60 per square foot. Key Map 493R provides further details on the property's precise location and boundaries within Harris County, Texas, zip code 77003. Given its size, location, and proximity to significant entertainment, sports, and convention venues, this property is poised for substantial appreciation and offers a unique chance to capitalize on the continued growth and development of the EaDo area. The property is zoned for commercial use (further zoning verification is recommended). This is a rare opportunity to acquire a large, strategically located parcel in one of Houston's most dynamic and sought-after neighborhoods.

    Property Features for 0 Bastrop St

    General Information

    Property type
    Land
    Lot Size
    94,699 SF

    HighLights

    • ±2.174 Acres (±94,700 SF) in Houston's EaDo district.
    • Key Map 493R.
    • Asking price: $10,000,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3442408
    Latitude
    29.753611

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    FAQs

    What type of property is this?
    Land - 2.17 Acres, $10M Asking Price
    Where is this land located?
    The property is located at Bastrop St Houston, TX.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: ±2.174 Acres (±94,700 SF) in Houston's EaDo district.; Key Map 493R.; Asking price: $10,000,000.
    (713) 231-1640
    Request Owner's contact information
    Bastrop St Houston, TX 77003
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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
    Bastrop St Houston, TX 77003
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