2820-2902 Caroline StHouston, TX 77002

For Sale
Call for price

Prime Redevelopment Opportunity: Warehouse, Manufacturing, Cold Storage

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 1.66-acre infill site in Houston's Midtown offers a unique redevelopment opportunity. Located at 2820-2902 Caroline Street, this property boasts existing utilities (City of Houston) and benefits from the recently completed Caroline Street reconstruction, providing excellent frontage. The site is zoned for industrial use (no zoning restrictions), and Midtown's exemption from minimum parking regulations offers significant flexibility for development. Building sizes can range from 10,000 to 62,492 square feet, with the possibility of purchasing the properties together or separately. This location is strategically positioned within Houston's burgeoning Innovation Corridor, just two blocks from the Metro Rail Red Line, and importantly, it lies outside the 100-year and 500-year floodplains. Further enhancing its appeal, this property is situated within a Qualified Opportunity Zone (QOZ), presenting attractive tax advantages for investors. The site is suitable for various industrial uses, including warehouse, manufacturing, and refrigerated/cold storage facilities. The seller may consider leasing options. This is a rare chance to acquire a prime industrial property in a rapidly developing area of Houston.

Highlights

  • Unzoned property within Houston city limits.
  • Midtown location exempt from minimum parking requirements.
  • Situated outside 100-year and 500-year floodplains.
  • Located in a Qualified Opportunity Zone (QOZ).
  • City of Houston utilities available on-site.
  • Frontage on newly reconstructed Caroline Street.

Property Details for 2820-2902 Caroline St

Property type
Refrigeration & cold storage, Other warehouses
Square Feet
10,000 SF
Lot Size (sq. ft)
72,310 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.752554
Longitude
-95.3704009
2820-2902 Caroline St, Houston, Texas

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2820-2902 Caroline St
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