3055 Sage Rd Houston, TX 77056
- Strip malls
- 18,480 SF
- 1.00 lot acres
Current Use by Public Records
- Texas Taphouse / Sports Bar / Bar & Grill
- Ashe / Restaurant
- Hu Cynthia / Dentist
- Loma Hamouie Ramadan / Dentist / Practitioner Service Location
- Sage Plaza / Shopping Mall
Property Details for 3055 Sage Rd
- Year built
- 1996
- Construction
- BRICK
- Lot size
- 1.00 lot acres
- Property size
- 18,480 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 451400060008
- APU
- 451400060008
Description
This exceptional 1-acre commercial land parcel presents a unique redevelopment opportunity in Houston's coveted Galleria submarket. Located at 3055 Sage Road, this prime hard corner site is a half-block from the Galleria mall's Nordstrom entrance, ensuring high visibility and accessibility. The property boasts unrestricted uses, meaning a wide range of development options are available, including hotel, retail, office, or residential projects. There are no height or density restrictions, subject to city ordinances, allowing for significant development flexibility. The site's strategic location offers immediate proximity to the Galleria mall, attracting over 30 million annual visitors and boasting 2.4 million square feet of retail space. Its adjacency to Lakes on Post Oak, a large mixed-use development with over one million square feet of office and residential space, further enhances its desirability. Sage Road is also home to several recently constructed hotels, indicating a thriving hospitality sector. Currently, the site includes a small retail center with short-term leases, a small hotel, and a 300-space parking structure, providing existing income potential or redevelopment opportunities. This property represents an unparalleled chance to capitalize on the Galleria area's robust growth and high demand. Located in Harris County, Texas, with a zip code of 77056, this is a truly exceptional investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.4661
- Latitude
- 29.7351
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA