4615 Sherman St Houston, TX 77011

This exceptional Houston property offers a rare redevelopment opportunity in the burgeoning East End (EADO) area. The 27,000 square foot lot features a single-story, 4,200 square foot building currently housing three tenants with leases expiring January 1, 2026. This presents a unique chance to acquire a substantial land parcel with existing income while planning future development. The property is ideally situated just two miles from the 169-acre East River Project, a major development underway. The area is experiencing significant growth, with new housing and infrastructure improvements underway. The property's location offers convenient access to the Hike and Bike trail. The asking price is below market value, making this an attractive investment. The existing building is suitable for continued rental income during the planning phase of any redevelopment project. This Class C property is zoned for mixed-use, allowing for a variety of development options. The lot size provides ample space for a substantial project. The property is located at 4615 Sherman St, Houston, TX 77011, in Harris County. The property's location offers significant potential for future appreciation. An adjacent 6,500 square foot parcel is also available for purchase, offering the potential to expand the development footprint to a total of 33,500 square feet.