2820-2902 Caroline St Houston, TX 77002
- Refrigerated & Cold Storages
- 10,000 SF
- 1.66 lot acres
Current Use by Public Records
- Refrigerated & Cold Storages
Property Details for 2820-2902 Caroline St
- Lot size
- 1.66 lot acres
- Property size
- 10,000 SF
- Property type
- Refrigerated & Cold Storages
- Property subtype
- Warehouses
Description
This exceptional 1.66-acre infill site in Houston's Midtown offers a unique redevelopment opportunity. Located at 2820-2902 Caroline Street, this property boasts existing utilities (City of Houston) and benefits from the recently completed Caroline Street reconstruction, providing excellent frontage. The site is zoned for industrial use (no zoning restrictions), and Midtown's exemption from minimum parking regulations offers significant flexibility for development. Building sizes can range from 10,000 to 62,492 square feet, with the possibility of purchasing the properties together or separately. This location is strategically positioned within Houston's burgeoning Innovation Corridor, just two blocks from the Metro Rail Red Line, and importantly, it lies outside the 100-year and 500-year floodplains. Further enhancing its appeal, this property is situated within a Qualified Opportunity Zone (QOZ), presenting attractive tax advantages for investors. The site is suitable for various industrial uses, including warehouse, manufacturing, and refrigerated/cold storage facilities. The seller may consider leasing options. This is a rare chance to acquire a prime industrial property in a rapidly developing area of Houston.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3704
- Latitude
- 29.7526
