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Property profile & analytics
FOR SALE
Hotels

2900 W Sam Houston Pkwy S Houston, TX 77042

38,649 SF 2.04 ac lot Built 1996
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2852709
Property summary
AI-generated overview

This exceptional 2.06-acre commercial land parcel presents a remarkable redevelopment opportunity in Houston, Texas. Strategically located on West Sam Houston Parkway South, this property boasts approximately 215 feet of frontage along the Beltway 8 frontage road, ensuring exceptional visibility and accessibility. The site is conveniently situated just 0.15 miles from Westheimer Road, offering unparalleled connectivity to major thoroughfares. Previous structures have been demolished, leaving the foundation and parking lot intact, simplifying the redevelopment process. Existing infrastructure includes on-site domestic and fire water service. This high-traffic area benefits from over 152,000 vehicles per day (VPD) on Beltway 8 and approximately 58,000 VPD on Westheimer Road, according to TxDOT data. The property is surrounded by a thriving residential and commercial area, with a population exceeding 193,000 within a three-mile radius. A comprehensive demographic package is available for serious inquiries. This location offers significant potential for a variety of commercial developments, capitalizing on its prime position and high visibility within a densely populated and highly trafficked area of Houston. The existing foundation and parking lot provide a solid base for future construction. Contact for pricing.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1996
Construction WOOD FRAME
Total area 38,649 SF
Lot 2.04 ac (88,997 SF)
APN 1180680010003
UPID US82-2852709
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
Current use
Occupant on record · Public records
  • Hotel Houston Westchase Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$855k
Blend (final) Blend
$855k
Owner & transaction history
Exemplary Hospitality LLC · 7 yrs held
Exemplary Hospitality LLC
since 2019
6 recorded transactions
2019
Price N/A
2017
Price N/A
2017
Price N/A
2012
Price N/A
2012
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $1.2M +38.4%
Neighborhood: shopping center $1.1M +27.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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