This exceptional 1.92-acre commercial land parcel presents a unique investment opportunity in Houston's highly sought-after Uptown/Galleria district. Located at 5802 Westheimer Road, this property benefits from its strategic position within a vibrant area characterized by affluent residential neighborhoods, substantial daytime populations, and a concentration of high-end mixed-use and multifamily developments. The surrounding area boasts an impressive 18 million square feet of office space, underscoring the strong commercial presence and significant demand. The Uptown/Galleria district is renowned for its established restaurants and upscale amenities, creating a desirable environment for both residents and businesses. This site's central location within this dynamic district offers unparalleled access to a thriving market, making it an ideal location for a variety of commercial ventures. The property's 1.92 acres provide ample space for development, catering to a range of project scales and visions. Situated in Harris County, Texas, with a zip code of 77057, this land parcel offers exceptional potential for investors seeking a prime location in one of Houston's most prestigious areas. The coordinates are 29.7382442 latitude and -95.4809357 longitude.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,599,207
Hospitality
$1,464,865
Educational
$1,218,751
Medical
$1,260,666
Retail
$1,895,834
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.7386
Longitude
-95.4808
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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