1417 Durham Dr, Houston, TX 77008
This exceptional 16,625 square foot commercial lot, located at 1417 N Durham Dr in Houston, Texas, presents a remarkable opportunity for retail development. Situated in the vibrant Heights area, this property boasts prime frontage and offers significant potential for a variety of commercial ventures. The asking price is $2,700,000, translating to $162.41 per square foot. The property is zoned for mixed-use development, allowing for flexibility in project design and tenant mix. The single existing building on the site provides an immediate opportunity for renovation or redevelopment, depending on the buyer's vision. The property's location in Harris County, zip code 77008, offers easy access to major transportation arteries, ensuring high visibility and convenient access for customers and employees. This is a rare chance to acquire a substantial parcel of land in a highly sought-after Houston neighborhood, ideal for investors seeking a high-return development project. The property's size and location make it an attractive proposition for developers looking to capitalize on the area's growing commercial sector. Further details will be released soon.
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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
Similar Nearby for Lease
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.