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RÉSUMÉ ANALYTIQUE
Zoned Mixed-Use Neighborhood (MUN), the property is ideally suited for a thoughtfully designed, pedestrian-oriented community featuring townhomes, build-to-rent, or multiplex housing. Set within one of the Houston metro’s fastest-growing submarkets, this site offers the rare opportunity to deliver a destination-style neighborhood that reflects Baytown’s long-term vision for integrated, high-quality development.
The Baytown multifamily market shows positive fundamentals despite short-term occupancy challenges. According to CoStar data, Baytown has an overall vacancy rate of 12.8%, with Class A properties performing better at 7.3% vacancy. Newer Class A properties are achieving rents of $1.55-$1.73 per square foot, demonstrating premium potential for quality developments.
Baytown’s multifamily market is projected to experience average rent growth of 3% annually between 2025 and 2027. This steady growth presents an opportunity to deliver a new product that can achieve premium rents in a market with limited incoming supply.
The Baytown multifamily market shows positive fundamentals despite short-term occupancy challenges. According to CoStar data, Baytown has an overall vacancy rate of 12.8%, with Class A properties performing better at 7.3% vacancy. Newer Class A properties are achieving rents of $1.55-$1.73 per square foot, demonstrating premium potential for quality developments.
Baytown’s multifamily market is projected to experience average rent growth of 3% annually between 2025 and 2027. This steady growth presents an opportunity to deliver a new product that can achieve premium rents in a market with limited incoming supply.
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- Offering Memorandum
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Terrain commercial |
| Surface totale du lot | 9,68 ha |
| Zone de développement économique [USA] |
Oui |
1 LOT DISPONIBLE
Lot
| Surface du lot | 9,68 ha |
Partners is proud to offer 1400 Blue Heron Parkway—a strategically located ±23.91-acre development site at the high-visibility intersection of Blue Heron Parkway and Barkaloo Road in Baytown, Texas.
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