This exceptional 23,118 square foot retail land parcel presents a unique investment opportunity in Houston, Texas. Strategically located at the corner of Chimney Rock and Dashwood, this property enjoys a high-traffic location with excellent visibility. Its prime position offers easy access to a dense population base and significant consumer spending power. The site is situated less than five minutes from the prestigious Galleria submarket, a renowned hub for upscale shopping, dining, and entertainment, ensuring consistent foot traffic and strong tenant demand. Furthermore, its proximity to the Texas Medical Center, approximately seven minutes away, provides access to a large workforce and patient population. The property's substantial lot size allows for considerable development flexibility, making it ideal for a variety of retail concepts or redevelopment projects. The address is 6627 Chimney Rock, Houston, TX 77081, within Harris County. This location offers unparalleled convenience and accessibility, making it an attractive proposition for both investors and developers seeking a high-growth area with strong potential for return on investment. The property's size and location combine to create a compelling opportunity in a thriving Houston market. Detailed site plans and zoning information are available upon request.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$2,016,004
Hospitality
$1,846,649
Educational
$1,536,390
Medical
$1,589,229
Retail
$2,389,941
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.7082
Longitude
-95.4758
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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