Penn City Rd Houston, TX 77015
- Land
- 389.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Penn City Rd
- Lot size
- 389.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional ±389-acre industrial land parcel in Houston, Harris County, Texas (zip code 77015, located near Penn City Rd) presents a unique investment opportunity. Situated minutes from Interstate-10 and Beltway 8, this strategically located property offers unparalleled access to major transportation arteries. The site boasts existing permits from the U.S. Army Corps of Engineers, allowing for immediate development. Specifically designed for liquid bulk storage and transloading, the property includes a permitted unit train loop for bulk liquids transfer (UP/PTRA) with a storage capacity of up to 15 million barrels. A significant advantage is the 16 acres grandfathered into Foreign Trade Zone #84. Water access is a key feature, with a portion of the property connecting to the Houston Ship Channel and Buffalo Bayou, projected to have a water depth of up to 46.5 feet by 2024/25. The site also includes six barge docks, three Afromax ship docks, and five docks with two Suez Max capabilities, all fully permitted. This fully permitted site is ready for immediate development and offers significant potential for large-scale industrial operations. The property is designated as single-tenant and is classified as both industrial and commercial land.
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
- -95.1555
- Latitude
- 29.7572
