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Holmes Rd. and Buffalo Speedway - BioPort 5.14 - 22.08 Acre Commercial Land Lots Offered at $678,664 - $6,845,000 Per Lot in Houston, TX 77045
INVESTMENT HIGHLIGHTS
- Across Holmes Road from the 320-acre University of Texas property, the 111 acres is part of a 550 acre tract Texas Medical Center wanted to develop.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $678,664 - $23,900,480 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 9 | Total Lot Size | 111.57 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | Inside COH city limits - Houston is an unzoned city, restrictions are codified through the filing and acceptance of a subdivision plat and body of restrictions. | ||
| Price | $678,664 - $23,900,480 |
| Sale Type | Investment |
| No. Lots | 9 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 111.57 AC |
| No. Stories | 1 |
| Zoning | Inside COH city limits - Houston is an unzoned city, restrictions are codified through the filing and acceptance of a subdivision plat and body of restrictions. |
9 LOTS AVAILABLE
Lot 1
| Price | $2,280,366 | Lot Size | 10.47 AC |
| Price Per AC | $217,800.00 |
| Price | $2,280,366 |
| Price Per AC | $217,800.00 |
| Lot Size | 10.47 AC |
Tract lies on the south side of Holmes Road, recently widened to 4-lanes, curb & gutter with a center esplanade having a 42" gravity sanitary line from Buffalo Speedway to SH 288. It has 358' of frontage on Buffalo Speedway. Price is $5.00 psf.
Lot 2
| Price | $6,845,000 | Lot Size | 17.46 AC |
| Price Per AC | $392,038.95 |
| Price | $6,845,000 |
| Price Per AC | $392,038.95 |
| Lot Size | 17.46 AC |
The 2nd accessible tract on the south down ramp of the Buffalo Speedway Flyover at Holmes Road having +/-1046' on the west side of Buffalo Speedway, north of the Buffalo Speedway traffic circle. Price is $9.00 psf.
Lot 3
| Price | $3,253,932 | Lot Size | 8.30 AC |
| Price Per AC | $392,040.00 |
| Price | $3,253,932 |
| Price Per AC | $392,040.00 |
| Lot Size | 8.30 AC |
Combined with Tract 4, it creates a tract of +/-13.42 Acres of contiguous land with a 3.69 acre relocated drainage ditch and would have +/-650' on Buffalo Speedway. Price is $9.00 psf or $ 8 25 psf together; Seller to deliver a contiguous tract..
Lot 4
| Price | $1,567,288 | Lot Size | 5.14 AC |
| Price Per AC | $304,919.84 |
| Price | $1,567,288 |
| Price Per AC | $304,919.84 |
| Lot Size | 5.14 AC |
East side of Buffalo Speedway can be joined with Tract 3. See above. Price is $ 7.00 psf.
Lot 5
| Price | $2,158,833 | Lot Size | 12.39 AC |
| Price Per AC | $174,239.95 |
| Price | $2,158,833 |
| Price Per AC | $174,239.95 |
| Lot Size | 12.39 AC |
Price is $ 4.00 psf. This tract requires a culvert across the existing Harris County drainage ditch which is part of the drainage system for Buffalo Speedway and separates Tract 5 from Tract 6.
Lot 6
| Price | $3,269,178 | Lot Size | 15.01 AC |
| Price Per AC | $217,800.00 |
| Price | $3,269,178 |
| Price Per AC | $217,800.00 |
| Lot Size | 15.01 AC |
Price is $ 5.00 psf. This tract has a sixty-foot dedicated access to Buffalo Speedway along the south side of the tract.
Lot 7
| Lot Size | 12.93 AC |
| Lot Size | 12.93 AC |
Northwest Corner of West Airport and Landmark Blvd. (stubbed in) having 489.33' on West Airport which has been completed 4-lane curb and gutter with central esplanade having all utilities from Hiram Clark to the South Freeway.
Lot 8
| Price | $3,847,219 | Lot Size | 22.08 AC |
| Price Per AC | $174,239.99 |
| Price | $3,847,219 |
| Price Per AC | $174,239.99 |
| Lot Size | 22.08 AC |
Frontage of 173' on South Holmes Road and 783' on Parcel 3 Street (Keely Rd.) Price is $ 4.00 psf. Holmes has been rebuilt east of the split, four lane curb and gutter with esplanade; water and sewer with 42" line in Holmes at Buffalo Speedway.
Lot 9
| Price | $678,664 | Lot Size | 7.79 AC |
| Price Per AC | $87,119.90 |
| Price | $678,664 |
| Price Per AC | $87,119.90 |
| Lot Size | 7.79 AC |
Tract has 620' of frontage on Parcel 3 Street across from Metrorail bus terminal. Price is $ 2.00 psf. Proposed use is as part of the development of Tract 8 across CenterPoint aerial easement or separately.
DESCRIPTION
Mostly wooded and close in just outside Loop 610 South, the property adjoins the Wildcat Golf Course, the designated golf course of the Houston Texans, the University of Houston Cougars and the Houston Rockets. Having frontage on Holmes Road which continues as South Main (US 90) and on Buffalo Speedway. Holmes Road has gone through a complete rebuild, a four lane thoroughfare, curb and gutter, central esplanade with turn lanes, and over a 42" sanitary sewer gravity line.
PROPERTY TAXES
| Parcel Number | 0420150000011 | Improvements Assessment | $100,619 |
| Land Assessment | $1,033,599 | Total Assessment | $1,134,218 |
PROPERTY TAXES
Presented by
Realamerica Corporation
Holmes Rd. and Buffalo Speedway - BioPort
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