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2405 W Mt Houston Rd - Pad A (1.97ac) W Mount Houston Rd 1.97 Acres of Commercial Land Offered at $925,000 in Houston, TX 77038

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INVESTMENT HIGHLIGHTS

  • Corner Pad Site
  • Detention in place
  • Traffic Lighted Intersection
  • Frontage on Mt Houston Rd

EXECUTIVE SUMMARY

MAJORE PRICE REDUCTION PAD A. WAS $1.33M now $935,000. Corner Pad Site A or B. Available for individual Sale, Ground Lease, or Build to Suit. Utilities and detention already in place, shovel ready site. Opposite Corner Pad Site for sale separately.

PROPERTY FACTS

Price $925,000
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Bank
  • Convenience Store
  • Daycare Center
  • Drugstore
  • Fast Food
  • General Freestanding
  • Medical
  • Neighborhood Center
  • Service Station
  • Storefront
  • Strip Center
  • Supermarket
Total Lot Size 1.97 AC
Opportunity Zone Yes

1 LOT AVAILABLE

Lot A

Price $925,000
Price Per AC $469,543.15
Lot Size 1.97 AC

Corner pad site at traffic lighted intersection on West Mount Houston Road (Hwy 249). Available for individual Sale, Ground Lease, or Build to Suit. Utilities and detention already in place.

DESCRIPTION

Pad Site A is approximately 85,840 sf or 1.97 acres with 285' estimated frontage on W Mount Houston Road. Pad Site B is approximately 85,791 sf or 1.97 acres also with 285' estimated frontage on W Mount Houston Road. Each pad priced separately. Price for both is listed at $2.66M. Located at a signed intersection of Rosslyn Road leading to the newly built Garcia Middle School. Utilities and detention already in place, shovel ready site. Approximate traffic counts 47,000+ CPD. TxDot has proposed a road expansion for W Mount Houston. Excellent corner pad site with visibility and traffic signal. Can be subdivided for National Ground Lease Tenants. Ideal for retail, gas station, fast food, day care, etc. Minutes from I-45.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0462400000249
  • 0462400000250
Land Assessment
$817,900
Improvements Assessment
$0
Total Assessment
$817,900
  • Listing ID: 20780936

  • Date on Market: 8/28/2020

  • Last Updated:

  • Address: 2405 W Mt Houston Rd, Houston, TX 77038

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