0 2700 & 2770 Fwy Houston, TX 77009
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.