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4435 Old Spanish Trail - 4435 Old Spanish Trail

1.63 Acres of Commercial Land Offered at $2,835,000 in Houston, TX 77021

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Investment Highlights

High Traffic Count on Old Spanish Trail
Located in an Opportunity Zone

New Construction Commercial Development Nearby

Executive Summary

Located in an opportunity zone.

4435 OST Flyer

Property Facts

Price	$2,835,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Total Lot Size	1.63 AC
Sale Conditions	Redevelopment Project	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
No. Lots	1	Parcel Number	0410070160019
Property Type	Land

Price	$2,835,000
Sale Type	Investment or Owner User
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	1.63 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parcel Number	0410070160019

1 Lot Available

Lot TR 5A

Price	$2,835,000	Lot Size	1.63 AC
Price Per AC	$1,742,474

Price	$2,835,000
Price Per AC	$1,742,474
Lot Size	1.63 AC

Located at the corner of Blythewood Street and Old Spanish Trail. Incudes a former drive-thru bank. Being sold for lot value.

Description

Rare opportunity to acquire more than 70,000 square feet of land in this rapidly developing area. This corner lot has 366 feet of frontage on Old Spanish Trail. There are several new construction commercial developments all around including the University of Houston's Tilman J. Fertitta Family College of Medicine less than 1 mile away. Further community investment nearby includes a new bank being built directly across the street. The area attractions include, nearby to easy access to Metro Rail Line, Hwy 288, Texas Medical Center, MacGregor Public Park and Recreation Center, Public Library and all three Major Universities.

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