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2612 Riverside Dr
Houston, TX 77004
2612 Riverside Drive · Land For Sale
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0.74 AC


PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Commercial |
| Sale Condition | Building in Shell Condition | Total Lot Size | 0.74 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial |
| Sale Type | Investment |
| Sale Condition | Building in Shell Condition |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.74 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $3,000,000 | Lot Size | 0.74 AC |
| Price Per AC | $4,081,632.65 |
| Price | $3,000,000 |
| Price Per AC | $4,081,632.65 |
| Lot Size | 0.74 AC |
32,021 sq. ft lot on Riverside Drive. Close proximity to Texas Medical Center, Downtown Houston & Major Universities
DESCRIPTION
2612 Riverside Drive provides a very rare opportunity for a developer or investor to purchase a single tract of land with 32,021 sq. ft. in the heart of the city. Formerly, this property operated as a 41 unit motel and also includes a separate retail space which is currently a hair salon. This area has seen tremendous new construction & redevelopment all around including the neighboring lot (23K sq. ft.) which was replatted for 12 townhouses of which all have sold. The property is situated 1 block from Highway 288, 2 blocks from a HEB grocery store and less than 10 minutes from both Downtown & the Texas Medical Center. Major universities including Rice, Texas Southern, University of Houston and St. Thomas are located within a close vicinity as well.
PROPERTY TAXES
| Parcel Number | 0611260360001 | Improvements Assessment | $713,052 |
| Land Assessment | $1,088,714 | Total Assessment | $1,801,766 |
