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    3055 Sage Rd Houston, TX 77056
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    Property profile & analytics

    3055 Sage Rd Houston, TX 77056


    • Strip malls
    • 18,480 SF
    • 1.00 lot acres
    Galleria Area Redevelopment Site For Sale
    Contact for pricing
    1.00 Acre

    Galleria Area Redevelopment Site

    Prime 1-acre redevelopment site in Houston's Galleria submarket.

    3055 Sage Rd, Houston, TX 77056
    View Listing
    Property ID
    US82-0116673
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Texas Taphouse / Bar & Pub
    • Ashe / Restaurant
    • Hu Cynthia / Dental Office
    • Loma Hamouie Ramadan / Dental Office
    • Sage Plaza / Shopping Center & 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
    Shopping 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 Estimations

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    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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    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

    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
    2022
    $75,854
    $3,484,800
    $28,534
    $3,513,334
    -
    $3,484,800
    $28,534
    $3,513,334
    View Listing
    More about this property
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