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Investment Highlights

  • Excellent visibility with approximately 215 feet of frontage on BW 8 frontage road.
  • Over 152,000 VPD on BW 8 and +/- 58,000 VPD on Westheimer Rd, per TxDOT.
  • Located in high residential and commercial area with a population of over 193,000 in a 3 mile radius.

Executive Summary

Great redevelopment opportunity in Houston, TX.
Previous hotel was demolished - the foundation of the building and the parking lot remain.
Utilities already brought to site, including gas, water, electricity, and sewer, reducing development timelines and costs
Three existing water lines on site: 4" domestic service line, 2" irrigation line, and a 6" or 8" fire sprinkler line
Predominantly impervious site (existing concrete and slab), allowing for reduced detention requirements under current City of Houston redevelopment guidelines
Potential detention credit (~0.4 acre-foot per acre) for existing impervious cover, enhancing site efficiency for future development
Phenomenal location, on Beltway 8, just ±0.15 Miles to Westheimer Rd.
Excellent visibility with approximately 215 feet of frontage on BW 8 frontage road.
Ideal site for self-storage, supported by dense surrounding population (193,000+ within a 3-mile radius) and high consumer demand drivers.
High traffic counts with over 152,000 VPD on BW 8 and ±58,000 VPD on Westheimer Rd, per TxDOT.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Multifamily
  • Hospitality
  • Healthcare
  • Hotel
  • Medical
Total Lot Size 2.06 AC

1 Lot Available

Lot 1

Lot Size 2.06 AC

±2.06 AC ideal for self-storage! Previous hotel was demolished - the foundation of the building and the parking lot remain. Domestic and fire water service available on site.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1180680010003
Land Assessment
$2,669,970
Improvements Assessment
$25,977
Total Assessment
$2,695,947
  • Listing ID: 33392118

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 2900 W Sam Houston Pky S, Houston, TX 77042

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