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Informations principales sur l'investissement

  • 22,196 VPD on N Durham Drive
  • Site is already permitted, designed and partially constructed with the slab completed and steel structure partially completed
  • Located in the walkable, hip, vibrant Greater Heights neighborhood sought out by young professionals with a high disposable income
  • 100ft of frontage on N Durham Drive
  • 453,000 people within a 5 mile radius
  • Undergoing a dual-phase $115 million reconstruction project that will improve drainage and create a pedestrian-friendly bike lanes and sidewalks

Résumé analytique

The Greater Heights attracts more young professionals than any other area in the city. With Class A living, as well as some of Houston’s most iconic restaurants and nightlife, this site is perfectly positioned for development. Additionally, the property benefits from its location on N Durham/Shepherd Dr., both of which are undergoing a dual-phase $115 million reconstruction project that will improve drainage and create a pedestrian-friendly corridor featuring a protected bike lanes and sidewalks. 1211 N Durham presents an exceptional opportunity for businesses looking to establish a strong presence in one of Houston’s most dynamic and successful neighborhoods.

Pièces jointes

1211 N Durham Dr OM

Informations sur l’immeuble

Prix 1 069 959 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé Commercial
Surface totale du lot 0,12 ha

1 Lot disponible

Lot

Prix 1 069 959 €
Prix par ha 8 813 085,69 €
Surface du lot 0,12 ha

Proposed two story retail/office 12,400 SF lot

Description

1211 N Durham is two-story mixed-use office/retail property that was originally designed for a pet boarding facility and is located in the heart of the highly sought-after Houston Heights district. This partially constructed project features a completed 4,567 SF slab foundation and partial structural two-story steel framing, providing a strong starting point for customization to suit retail, office, or mixed-use development needs. Ideal for a buyer looking to take over the project in its current state, avoiding the lengthy and costly permitting and design process, which can take up to 18 months. The Greater Heights attracts more young professionals than any other area in the city. With Class A living, as well as some of Houston’s most iconic restaurants and nightlife, this site is perfectly positioned for development. Additionally, the property benefits from its location on N Durham/Shepherd Dr., both of which are undergoing a dual-phase $115 million reconstruction project that will improve drainage and create a pedestrian-friendly corridor featuring a protected bike lanes and sidewalks. 1211 N Durham presents an exceptional opportunity for businesses looking to establish a strong presence in one of Houston’s most dynamic and successful neighborhoods.

Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Taxes foncières

Taxes foncières

Numéro de parcelle
0582430020001
Évaluation du terrain
1 069 959 €
Évaluation des aménagements
84 698 €
Évaluation totale
1 154 656 €
  • ID de l’annonce: 35315159

  • Date de mise sur le marché: 31/03/2025

  • Dernière mise à jour:

  • Adresse: 1211 N Durham Dr, Houston, TX 77008

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