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4711 W Alabama St 1.29 Acres of Commercial Land Offered at $18,500,000 in Houston, TX 77027
INVESTMENT HIGHLIGHTS
- Covered Land Play with Cash Flowing 23-Unit Multifamily Project.
- New Single-Family Development in Immediate Area Between $2 Million and $4 Million Dollars.
EXECUTIVE SUMMARY
1.26 contiguous acres located in Afton Oaks.al design for a 20 story high rise containing 100 units of Luxury Residential Housing
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $18,500,000 | Lot Size | 1.29 AC |
| Price Per AC | $14,390,358.30 |
| Price | $18,500,000 |
| Price Per AC | $14,390,358.30 |
| Lot Size | 1.29 AC |
Developers Welcomed. Large site for a 30+ story Luxury HIGH RISE Condo Development. Can be expanded to 130,000 SF. Fronts on two (2) streets within a Multi-Million Dollar Neighborhood. Currently it is 23 unit garden apartment. It was 36 units bef
DESCRIPTION
Currently being used as a residential apartment complex which fronts on two (2) streets within a Multi Million Dollar Neighborhood. The site is approximately 56,000 SF and can be expanded to 130,000 SF for the right use.
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 0681050020005 | Improvements Assessment | $521,891 |
| Land Assessment | $3,743,810 | Total Assessment | $4,265,701 |
PROPERTY TAXES
Parcel Number
0681050020005
Land Assessment
$3,743,810
Improvements Assessment
$521,891
Total Assessment
$4,265,701
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Tower Gardens
4711 W Alabama St
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