2700 & 2770 Fwy Houston, TX 77009
- Retail properties
- 14,300 SF
- 2.78 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 2700 & 2770 Fwy
- Lot size
- 2.78 lot acres
- Property size
- 14,300 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
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
- -95.3718
- Latitude
- 29.7932
