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Property profile & analytics
OFF-MARKET
Land

0 Peerless St Houston, TX 77021

15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 15 ac (653,400 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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