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Property profile & analytics
OFF-MARKET
Land

2500 Leeland St Houston, TX 77003

0.19 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.19 ac (8,276 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
AI Approach AI
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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