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1015 Judiway St

2.98 Acres of Commercial Land Offered at $7,300,000 in Houston, TX 77018

Investment Highlights

  • No zoning. Any construction concept can be applicable here. No limitations.

Executive Summary

Prime Redevelopment Opportunity in Oak Forest. Welcome to 1015 Judiway Street, a prime 3.03-acre redevelopment property in Oak Forest, near Garden Oaks. This unrestricted lot is ready for construction. There is an abandoned utility easement that has previously been approved for demolition. Ideal for builders and investors, it offers flexibility for gated secure single-family homes, townhomes, gated multi function communities and/or commercial use. The unrestricted status also allows for a wide open imagination for the astute investor. Oak Forest offers a vibrant community with parks, mature trees, and a family-friendly environment that is all walking distance to this property. Nearby Garden Oaks adds charm with its picturesque streets and close-knit community. Excellent schools, recreational facilities, and easy access to I-610 ensure quick commutes to downtown Houston and the Galleria. Enjoy a variety of dining, shopping, and entertainment options nearby. There is a turnkey shovel ready 47 home development complete construction package that comes with the sale as a package as an option to the prospective buyer. Significant cost has already been invested in leveling the previous structures on the property. This lot is truly ready to go.

Property Facts

Price $7,300,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Auto Dealership
  • Bank
  • Community Center
  • Distribution
  • Hold For Investment
  • Medical
  • Office Park
  • Parking Garage
  • Parking Lot
  • Restaurant
  • Self Storage
  • Single Family Residence
Total Lot Size 2.98 AC

1 Lot Available

Lot 1

Price $7,300,000
Price Per AC $2,449,664
Lot Size 2.98 AC

Unrestricted lot, previously developed.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0432050040095
Land Assessment
$167
Improvements Assessment
$0
Total Assessment
$167

zoning

Zoning Code None (No Zoning.)
None (No Zoning.)
  • Listing ID: 32907704

  • Date on Market: 8/21/2024

  • Last Updated:

  • Address: 1015 Judiway St, Houston, TX 77018

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