You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Commercial real estate

3500 Sage Rd Houston, TX 77056

14,644 SF 2.62 ac lot Built 1980
Entity Owned 11-yr Hold Free & Clear
Property ID
US82-4732985
Property summary
AI-generated overview

This exceptional 2.62-acre commercial land parcel presents a unique investment opportunity in Houston's prestigious Galleria/Uptown area. Situated at 3500 Sage Rd, Harris County, TX 77056, this property offers unparalleled convenience and accessibility. The site boasts approximately 114,461 square feet (per survey) and enjoys easy access to US-59/I-69 via Sage Road, placing it within close proximity to the area's vibrant restaurants, upscale retail, and desirable residential neighborhoods. Its prime location at the southern end of the Galleria submarket ensures high visibility and strong potential for development. Importantly, according to the National Flood Hazard Map (NFHL) published by FEMA, this property is not located within the 100- or 50-year floodplain, mitigating potential flood-related risks. The Harris County Appraisal District (HCAD) account number is 1410400010001. This offering is free from any recorded restrictions, providing flexibility for a wide range of commercial development projects. This is a rare opportunity to acquire a significant land holding in one of Houston's most sought-after locations. The property's strategic positioning and lack of restrictions make it an ideal canvas for discerning investors seeking a high-impact commercial venture.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Construction STEEL FRAME
Total area 14,644 SF
Lot 2.62 ac (114,084 SF)
APN 1410400010001
UPID US82-4732985
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.98M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.66M
Owner & transaction history
Iconia Houston LLC · 11 yrs held
Iconia Houston LLC
since 2015
2 recorded transactions
2015
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message