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1200 N Durham Dr
Houston, TX 77007
1200 Durham · Land For Sale · 0.46 AC

Investment Highlights

  • Irreplaceable Location at Intersection of Durham & Nett
  • High Population Density: +32% 1-Mile Population Increase in Last Decade
  • Average 1-Mile Household Income in Excess Of $156,000
  • Immediate Consumer Access: +4,275 Multi-Family Units within 0.75 Mile Radius

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Hospitality
  • Bank
  • Carwash
  • Convenience Store
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Medical
  • Parking Lot
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
Total Lot Size 0.46 AC
No. Stories 1

Description

Marcus & Millichap is pleased to offer for sale 1200 Durham Drive in the heart of one of Houston’s most in-demand submarkets: Washington Heights. The property consists of two buildings situated on 19,000 square feet of land at the intersection of Durham Drive and Nett Street, with 100 linear feet of frontage on Durham Drive. The property’s irreplaceable location within the Washington Heights corridor offers both users and investors alike a unique investment opportunity within one of the metro’s most rapidly revitalizing submarkets. The property is located directly across the street from The Interpose: a 168 Unit, mixed-use multi-family development which is slated to deliver in mid-to-late 2020, giving investors immediate walking access to a large consumer base or local residents. Additional recently delivered multi-family developments within immediate walking distance include Azure (190 Units), The Pearl At Washington (322 Units), The District at Washington (396 Units), Windsor Shepherd (245 Units), The Core (326 Units), and The St. Andrie at Buffalo Heights. In addition to the property’s exceptional location on Durham, the immediate area boasts impressive demographics as well, with a median household income of +$156,000 within a 1-mile radius, and +32% population growth over the past decade, further outlining the submarkets desirability. Traffic counts totaled more than 23,000 VPD in 2018 and are expected to rise further with the recent delivery of several mixed-use developments in the immediate area, coupled with the area’s vibrant nightlife and social scene.

Property Taxes

Property Taxes

Parcel Number
0072510000005
Land Assessment
$475,000
Improvements Assessment
$0
Total Assessment
$475,000
  • Listing ID: 19331361

  • Date on Market: 4/24/2020

  • Last Updated:

  • Address: 1200 N Durham Dr, Houston, TX 77007

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