4510 Yoakum Blvd Houston, TX 77006
This exceptional 18,250 square foot lot, located at 4510 Yoakum Blvd in Houston, Texas, presents a unique investment opportunity. Situated in the desirable Montrose/Museum District area, this unrestricted tract offers significant potential for various development projects. The property boasts a tree-lined boulevard setting, making it ideal for a townhome or mid-rise residential development, or alternatively, a boutique office building. Currently featuring a 4,201 square foot existing residence, the property is being marketed for its land value. The existing structure could be renovated, but its condition is not a primary factor in the sale. This central location provides convenient access to major thoroughfares including Highway 59, Downtown Houston, Rice Village, and the Texas Medical Center. The property's zoning allows for a variety of uses, making it an attractive proposition for developers seeking a prime location in a thriving Houston neighborhood. The asking price for this remarkable property is $1,950,000. The property's address is 4510 Yoakum Blvd, Houston, TX 77006, within Harris County. This is a rare opportunity to acquire a large, unrestricted lot in a highly sought-after area of Houston. The property's size and location make it a compelling investment for those seeking high-return development projects.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.