2431 Orem dr - 2431 E. Orem Drive 5.6 Acres of Commercial Land Offered at $2,500,000 in Houston, TX 77047

INVESTMENT HIGHLIGHTS

  • ~150,000 VPD on 0 SH 288
  • ACCESS FROM TXDOT APPROVED FROM OREM DRIVE.
  • Extremely low land basis

EXECUTIVE SUMMARY

This property is fully permitted for 120,000 SF of self storage. Have approved variance for waterline and two forms of ingress / egress. Seller will assign all plans, permits, and variances to Buyer. ACCESS FROM TXDOT APPROVED FROM OREM DRIVE.

PROPERTY FACTS

Price $2,500,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Retail Warehouse
  • Self Storage
  • Warehouse
Total Lot Size 5.60 AC

1 LOT AVAILABLE

Lot

Price $2,500,000
Price Per AC $446,428.57
Lot Size 5.60 AC

5.6 acres at the intersection of Orem and SH 288. ACCESS FROM TXDOT APPROVED FROM OREM DRIVE.

DESCRIPTION

ACCESS FROM TXDOT APPROVED FROM OREM DRIVE.

PROPERTY TAXES

  • Listing ID: 31049230

  • Date on Market: 2/26/2024

  • Last Updated:

  • Address: 2431 Orem dr, Houston, TX 77047