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Holmes Rd. and Buffalo Speedway - BioPort
5.14 - 22.08 Acre Commercial Land Lots Offered at $1,851,300 - $11,408,364 Per Lot in Houston, TX 77045
Investment Highlights
- Across Holmes Road from the 320-acre University of Texas property, the 115 acres is part of a 550 acre tract Texas Medical Center wants to develop.
Executive Summary
Property Facts
| Price | $1,851,300 - $49,001,080 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 9 | Total Lot Size | 115.28 AC |
| Property Type | Land |
| Price | $1,851,300 - $49,001,080 |
| Sale Type | Investment |
| No. Lots | 9 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 115.28 AC |
9 Lots Available
Lot 1
| Price | $4,560,732 | Lot Size | 10.47 AC |
| Price Per AC | $435,600 |
| Price | $4,560,732 |
| Price Per AC | $435,600 |
| Lot Size | 10.47 AC |
Tract lies on the south side of South Holmes Rd. which has just been widened to 4-lanes esplanade with 42" gravity line to Almeda Sims Sewer Plant. It has 358' of frontage on Buffalo Speedway Price is $10.00 psf.
Lot 2
| Price | $11,408,364 | Lot Size | 17.46 AC |
| Price Per AC | $653,400 |
| Price | $11,408,364 |
| Price Per AC | $653,400 |
| Lot Size | 17.46 AC |
The 2nd accessible tract on the south down ramp of the Buffalo Speedway Flyover at Holmes Road having +/-1046' on the west side of Buffalo Speedway, north of the Buffalo Speedway traffic circle. Price is $15.00 psf.
Lot 3
| Price | $5,423,220 | Lot Size | 8.30 AC |
| Price Per AC | $653,400 |
| Price | $5,423,220 |
| Price Per AC | $653,400 |
| Lot Size | 8.30 AC |
Combined with Tract 4, it creates a tract of +/-13.42 Acres of contiguous land with a 3.69 acre relocated detention pond, having +/-650' on Buffalo Speedway. Price is $15.00 psf or $ 8,768,828.00 together; Seller to deliver a contiguous tract.
Lot 4
| Price | $2,798,730 | Lot Size | 5.14 AC |
| Price Per AC | $544,500 |
| Price | $2,798,730 |
| Price Per AC | $544,500 |
| Lot Size | 5.14 AC |
East side of Buffalo Speedway, can be joined with Tract 3. See above. Price is $12.50 psf.
Lot 5
| Price | $4,317,667 | Lot Size | 12.39 AC |
| Price Per AC | $348,480 |
| Price | $4,317,667 |
| Price Per AC | $348,480 |
| Lot Size | 12.39 AC |
Price is $ 8.00 psf. This tract requires an access road across the existing COH ditch which is part of the drainage system for Buffalo Speedway and separates Tract 5 from Tract 6.
Lot 6
| Price | $6,276,125 | Lot Size | 18.01 AC |
| Price Per AC | $348,480 |
| Price | $6,276,125 |
| Price Per AC | $348,480 |
| Lot Size | 18.01 AC |
Price is $ 8.00 psf. This tract's access is a 60' right of way to Buffalo Speedway on the north side of the tract
Lot 7
| Price | $5,632,308 | Lot Size | 12.93 AC |
| Price Per AC | $435,600 |
| Price | $5,632,308 |
| Price Per AC | $435,600 |
| Lot Size | 12.93 AC |
Northwest Corner of West Airport and Landmark Blvd. (stubbed in) having 489.33' on West Airport which has been completed 4-lane curb and gutter with central esplanade from Hiram Clark to the South Freeway. Price is $10.00 psf.
Lot 8
| Price | $6,732,634 | Lot Size | 22.08 AC |
| Price Per AC | $304,920 |
| Price | $6,732,634 |
| Price Per AC | $304,920 |
| Lot Size | 22.08 AC |
Frontage of 173' on South Holmes Road improved to 4-lane curb & gutter with esplanade and 783' on Parcel 3 St. (Keely Rd.) Price is $ 7.00 psf.
Lot 9
| Price | $1,851,300 | Lot Size | 8.50 AC |
| Price Per AC | $217,800 |
| Price | $1,851,300 |
| Price Per AC | $217,800 |
| Lot Size | 8.50 AC |
Tract has 620' of frontage on Keely Rd. (Parcel 3 Street) across from Metrorail bus terminal. Price is $ 5.00 psf. Proposed use is as part of the development of Tract 9 with access across CenterPoint aerial easement.
Description
Mostly wooded and close in just outside Loop 610 South, the property adjoins the Wildcat Golf Course, the designated golf course of the Houston Texans, the University of Houston Cougars and the Houston Rockets. Having frontage on Holmes Road which continues as South Main (US 90) and on Buffalo Speedway. Holmes Road has gone through a complete rebuild, a four lane thoroughfare, curb and gutter, central esplanade with turn lanes, and over a 42" sanitary sewer gravity line.
PROPERTY TAXES
| Parcel Number | 0420150000011 | Improvements Assessment | $103,262 |
| Land Assessment | $1,033,599 | Total Assessment | $1,136,861 |
PROPERTY TAXES
zoning
| Zoning Code | Inside COH city limits (Houston is an unzoned city, restrictions are codified through the filing and acceptance of a subdivision plat and body of restrictions.) |
| Inside COH city limits (Houston is an unzoned city, restrictions are codified through the filing and acceptance of a subdivision plat and body of restrictions.) |
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Charles Zeller - Realamerica Corporation
Presented by
Realamerica Corporation
Holmes Rd. and Buffalo Speedway - BioPort
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