8905 Hinman StHouston, TX 77061

Property Details for 8905 Hinman St

Lot size

1.73 AC

Property type

Commercial land

APN

963860000004

APU

963860000004

Description

This exceptional 1.7-acre commercial and residential land parcel, located at 8905 Hinman St, Houston, TX 77061, presents a unique investment opportunity. Situated in Harris County, this property boasts 232 feet of frontage on Hinman Street, offering excellent visibility and accessibility. Its prime location provides convenient access to I-45 and Beltway 8, ensuring seamless connectivity throughout the Houston metropolitan area. The property is ideally positioned near Hobby Airport and directly across from a DoubleTree hotel, making it highly attractive for various development projects. Pre-approved plans exist for an 83-unit extended-stay hotel (Candlewood Suites), providing a solid foundation for immediate development. However, the flexible zoning allows for a wide range of alternative uses, including residential communities (mid/high-rise condominiums or Class A apartments), airport-related businesses (parking or storage facilities), and more. A title commitment and survey are readily available for prospective buyers' review, streamlining the acquisition process. The asking price for this remarkable property is $1,200,000. Don't miss this chance to capitalize on this strategically located land with significant development potential.

• Alternative Use

  Use

  Valuation

  Residential

  $17,702,396

  Hospitality

  $16,215,299

  Educational

  $13,490,938

  Medical

  $13,954,912

  Retail

  $20,985,904

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6597

Longitude

-95.2669

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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