0 Peerless St Houston, TX 77021
This exceptional 15-acre commercial land parcel presents a unique investment opportunity in Houston, Texas. Strategically located less than one mile from Highway 288 and within two miles of the 610 Loop, this property offers unparalleled access to major transportation arteries. Its proximity to the Houston Medical Center (within 2 miles) and the Central Business District (CBD, within 4 miles) further enhances its desirability. The site boasts approximately 11,800 feet of frontage on Peerless Street, providing significant visibility and potential for development. Adding to its appeal, this property is situated in a designated Opportunity Zone, potentially offering significant tax advantages for qualified investors. An adjacent one-acre parcel is also available for purchase, presenting an opportunity to expand the land holdings. The property's location in Harris County, with a zip code of 77021, ensures easy access to a thriving urban environment. This is a rare chance to acquire a substantial commercial land holding in a high-growth area of Houston. The property's size, location, and Opportunity Zone designation make it an ideal investment for developers seeking a prime location for various commercial ventures.
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
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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.