2700 Alabama St - 2700 Alabama

0.7 Acres of Commercial Land Offered at $1,650,000 in Houston, TX 77004

INVESTMENT HIGHLIGHTS

  • 0.7 Acres for Redevelopment
  • Residential or Commercial Development
  • Covered Land Play with income from the Convenience Store
  • Short distance to Downtown Houston, TSU Campus, UH Campus, Medical Center

EXECUTIVE SUMMARY

This commercial property at 2700 Alabama St in Houston, TX 77004 is a great opportunity for investors looking to acquire a prime piece of land while having positive cash flow from the existing business. The lot is approximately 31,000 square feet, providing ample space for a variety of potential developments. The location offers easy access to major roadways and is in close proximity to Downtown Houston, TSU campus, University of Houston campus, Medical Center… making it a highly desirable area for businesses and residents. With a high potential for appreciation, this land play investment is an excellent opportunity to secure a valuable asset in a growing market. Request more information today to learn more about the potential of this property!

PROPERTY FACTS

Price $1,650,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Apartment Units
  • Single Family Development
Total Lot Size 0.70 AC
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Price $1,650,000
Price Per AC $2,357,142.86
Lot Size 0.70 AC

Dimensions: 290' (Along Alabama) x 105' deep. The property is located .4 miles from US 59 and 288 on the corner of Alabama and Delano St, 5 blocks from Texas State University & less than one mile from Downtown.

DESCRIPTION

This commercial property at 2700 Alabama St in Houston, TX 77004 is a great opportunity for investors looking to acquire a prime piece of land while having positive cash flow from the existing business. The lot is approximately 31,000 square feet, providing ample space for a variety of potential developments. The location offers easy access to major roadways and is in close proximity to Downtown Houston, TSU campus, University of Houston campus, Medical Center… making it a highly desirable area for businesses and residents. With a high potential for appreciation, this land play investment is an excellent opportunity to secure a valuable asset in a growing market. Request more information today to learn more about the potential of this property! Dimensions: 290' (Along Alabama) x 105' deep. The property is located .4 miles from US 59 and 288 on the corner of Alabama and Delano St, 5 blocks from Texas State University & less than one mile from Downtown.

Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (86)

PROPERTY TAXES

ZONING

Zoning Code None
  • Listing ID: 27844872

  • Date on Market: 2/28/2023

  • Last Updated:

  • Address: 2700 Alabama St, Houston, TX 77004