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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 2700 & 2770 Fwy Houston, TX 77009

14,300 SF 2.78 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.78-acre property, situated at the northeast corner of I-45 and Patton Street in Houston, Texas, presents a remarkable redevelopment opportunity. The site boasts approximately 630 feet of freeway frontage, providing unparalleled visibility to over 415,000 vehicles daily on I-45. Currently improved with two metal buildings totaling 14,300 square feet, the property is 100% occupied under a gross lease with a single tenant. This prime location within the Inner Loop, encompassing the Independence Heights and Near North Side submarkets, benefits from a strong demographic profile, including average household incomes exceeding $81,000 within a three-mile radius. The property's designation as an Opportunity Zone further enhances its investment appeal. Future freeway expansion plans, as confirmed by TxDOT, will not impact this site. The versatile zoning allows for a variety of development options, including retail, mixed-use, multi-family, medical, or self-storage projects. This is a rare chance to acquire a significant urban infill site with exceptional access and high growth potential in a thriving Houston submarket. The property's size is 121,343 square feet, and it is located in Harris County, Texas, zip code 77009, at 2700 & 2770 North Freeway.

Property profile
Verified
Property type Retail properties & Spaces
Total area 14,300 SF
Lot 2.78 ac (121,097 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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