2309 Fannin StHouston, TX 77002

This exceptional 39,801 square foot commercial land parcel presents a unique investment opportunity in the heart of Houston, Texas. Located at 2309 Fannin St, in Harris County, zip code 77002, this property boasts significant frontage on three major streets: Hadley Street (approximately 250 feet), Fannin Street (approximately 146 feet), and San Jacinto Street (approximately 164 feet). This high-visibility location ensures maximum exposure for any development. Currently generating a substantial annual parking income of $130,000, this property offers immediate cash flow potential. Utilities are provided by the City of Houston. The property's strategic location is further enhanced by the anticipated I-45 realignment scheduled for completion in late June 2024, promising increased accessibility and potential for future development value. This is a rare chance to acquire a sizable, well-located commercial lot with existing income and significant upside potential in a rapidly growing area of Houston. The property is classified as commercial land and is ready for immediate development or continued use as a parking lot. The coordinates are 29.746206 latitude and -95.3715 longitude.