2500 Leeland St Houston, TX 77003
This exceptional 0.19-acre commercial and residential land parcel presents a compelling development opportunity in Houston's vibrant East Downtown Management District. Situated at 2500 Leeland Street, this 8,437 square foot lot offers significant potential for retail development, capitalizing on its proximity to the city's core. The property is ideally positioned near major attractions including the Toyota Center, Minute Maid Park, George R. Brown Convention Center, and the Houston Center, ensuring high visibility and accessibility. Surrounded by the Signe Oaks Subdivision, a recently developed area of single-family homes, this location benefits from a rapidly growing residential neighborhood undergoing significant redevelopment with numerous loft conversions and new townhomes. The high traffic location within the East Downtown Management District further enhances its commercial viability. Potential buyers should be aware of a potential site closure requirement due to past environmental concerns that will need to be addressed. This property is being offered with a broker co-op agreement. This is a rare opportunity to acquire a strategically located parcel in a thriving Houston neighborhood.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.