3839 Braeswood BlvdHouston, TX 77025

Property Details for 3839 Braeswood Blvd

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 26,272 square foot commercial land parcel in Houston, Texas, presents a compelling investment opportunity. Located in Harris County, zip code 77025, near the Medical Center, Rice University, and Bellaire, this unrestricted property offers diverse development potential. The lot is flat and easily accessible, equipped with essential utilities, and surrounded by a mix of commercial and residential properties. An approved project plan for a 55,697 square foot self-storage facility exists and requires only resubmission to the city. This plan, coupled with a national self-storage rental forecast of $0.90 per square foot, highlights the significant profit potential. The property is currently listed at $2,150,000, representing a substantial discount from its $2,500,000 appraised value. The seller is motivated and open to aggressive offers, potentially allowing for extended due diligence periods with a suitable Letter of Intent. The zoning permits both commercial and residential uses, making it ideal for various projects, including townhomes, a gas station, or the aforementioned self-storage facility. This prime location and flexible zoning create a unique opportunity for significant returns. The property's address is 3839 N Braeswood Blvd, Houston, TX 77025.

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6913

Longitude

-95.4386

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