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Property profile & analytics

2902 Caroline St Houston, TX 77002

  • Warehouses
  • 20,110 SF
  • 1.02 lot acres
Value Estimation
Location Intelligence
Property ID
US83-0662840
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Wonton Food Corporation / Food Products Supplier / Grocery Store
  • Wontons Fortune, cookie factory / Korean Restaurant

Property Details for 2902 Caroline St

Year built
1995
Construction
STEEL FRAME
Lot size
1.02 lot acres
Property size
20,110 SF
Property type
Warehouses
APN
1372850010001
APU
1372850010001

Description

This exceptional 1.66-acre commercial land parcel presents a unique redevelopment opportunity in Houston's vibrant Midtown district. Situated at 2902 Caroline Street, in Harris County, Texas (zip code 77002), this property boasts significant advantages for investors. The site benefits from its location within a Qualified Opportunity Zone (QOZ), offering substantial tax advantages. Importantly, it's outside the 100-year and 500-year floodplains, mitigating risk. All city utilities are readily available. The property enjoys frontage on the recently completed Caroline Street reconstruction, enhancing visibility and accessibility. Midtown's exemption from minimum parking regulations provides flexibility for development. Furthermore, its proximity to Houston's burgeoning Innovation Corridor and the Metro Rail Red Line (two blocks away) ensures strong connectivity and potential for high demand. The absence of existing zoning within the City of Houston offers developers considerable latitude in project planning. This property is ideal for a variety of commercial uses and presents a compelling investment prospect. The seller may consider leasing options, and properties may be purchased individually or as a portfolio. This is a rare chance to acquire a strategically located, high-potential development site in one of Houston's most dynamic neighborhoods.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Houston
County
Harris
State
Texas
Longitude
-95.3736
Latitude
29.7418
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$74,458
$2,672,640
$921,191
$3,593,831
-
$2,672,640
$921,191
$3,593,831
More about this property
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