2700 Alabama StHouston, TX 77004

For Sale
$1,650,000

0.7-acre lot w/ cash-flowing store

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional Houston, TX commercial property presents a unique investment opportunity. Located at 2700 Alabama St, in the 77004 zip code, this 0.7-acre (31,000 square foot) lot boasts a currently operating convenience store generating positive cash flow, providing immediate return on investment. The property is zoned for Opportunity Zone designation, opening doors to various development possibilities. Whether pursuing residential or commercial development, this land offers significant potential for appreciation. Its prime location provides easy access to major roadways and is conveniently situated near Downtown Houston, Texas Southern University, the University of Houston, and the Texas Medical Center, ensuring high visibility and strong demand. The existing month-to-month lease allows for flexibility. The property's APN is 0611560160047. Rent bumps are included in the lease agreement. This is a rare chance to acquire a covered land play with immediate income, positioned for substantial future growth in a thriving Houston market. The asking price is $1,650,000.

Highlights

  • 0.7-acre redevelopment site, suitable for residential or commercial projects.
  • Income-producing convenience store on-site.
  • Excellent location near Downtown Houston, Texas Southern University, University of Houston, and the Texas Medical Center.

Property Details for 2700 Alabama St

Property type
Other land, Land
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.728640496684
Longitude
-95.364719418096
2700 Alabama St, Houston, Texas

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2700 Alabama St
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