Property profile

Houston TX 77040 Gulf Bank Rd And Hollister St Houston, TX 77040

OFF-MARKET
Land
29.26 ac lot
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Property summary

AI-generated overview

This exceptional 29.26-acre tract of land presents a remarkable investment opportunity for developers and builders. Located in Houston, Texas, near the intersection of W Gulf Bank Rd and Hollister St (77040), this unrestricted property offers unparalleled flexibility for commercial, industrial, or residential development. The land boasts 988 feet of frontage and is conveniently situated less than 15 miles from downtown Houston, 11 miles from both Galleria and Memorial Malls, and provides easy access to I-10, Hwy 290, and Loop 610. The property is also within 5 minutes of the future Houston-Dallas bullet train station. Utilities are accessible, and the site is not located within a wetland or easement. While situated in a 100-year floodplain, the City of Houston completed new paving and drainage improvements on Hollister Rd in 2018. The property is owned by a corporation and is priced at $7,000,000 ($5.49/sq ft). The Harris County APN is 0420400000135. This large parcel, one of the largest inside the loop, is served by the Cypress-Fairbanks Independent School District. The seller will consider dividing the property. This is a truly exceptional opportunity for those seeking significant development potential in a highly desirable Houston location.

Property profile

Verified
Property type Land
Lot 29.26 ac (1,274,566 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Houston TX 77040 Gulf Bank Rd And Hollister St Houston, TX 77040
Houston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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