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5240 Nolda St - I-10 and Detering St 1.55 Acres of Commercial Land in Houston, TX 77007
INVESTMENT HIGHLIGHTS
- Positioned in the center of gravity for Houston’s hottest new retail concepts including MKT, Sawyer Yards, and Autry Park.
- Excellent ingress / egress with easy access to Interstate 10, Houston’s major East/West freeway.
- Affluent demographics - $224,255 average household income in a 1-mile radius.
- Optimally located between Houston’s most coveted urban parks & trails, including Memorial Park, a newly renovated 1,500-acre park in the city.
- Rare opportunity to acquire a development parcel in a prime urban location with access to all Houston’s major employers.
EXECUTIVE SUMMARY
Jones Lang LaSalle (JLL), on behalf of the owner, is pleased to present a premier tract 1.55 AC located along Interstate 10, just east of T.C. Jester Blvd. The irreplaceable site is located in one of Houston’s most vibrant and happening districts in the city. This prime location, just north of Washington Avenue, puts the site in walkable distance to numerous restaurants, popular bars, and neighborhood grocery stores. With minimal competing future development opportunities due to lack of available sites, the Property has boundless development potential and is well positioned to capitalize on the strength of Houston’s growing economy.
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.55 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | None - Unrestricted | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.55 AC |
| No. Stories | 1 |
| Zoning | None - Unrestricted |
1 LOT AVAILABLE
Lot
| Lot Size | 1.55 AC |
| Lot Size | 1.55 AC |
Northern Tract - 2.02 AC - SOLD Southern Tract - 1.55 AC
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $69,515 | |
| Land Assessment | $9,906,510 | Total Assessment | $9,976,025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,906,510
Improvements Assessment
$69,515
Total Assessment
$9,976,025
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5240 Nolda St - I-10 and Detering St
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