1215 Walker StHouston, TX 77002

For Sale
Call for price

Prime CBD location, high parking income.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 1.486-acre (approximately 64,707 square foot) commercial land parcel presents a remarkable investment and development opportunity in the heart of Houston's Central Business District (CBD). Situated on Block 95, with addresses including 1215 Walker Street, Houston, Texas 77002, this full city block boasts significant frontage on four major streets: approximately 254.7 feet on San Jacinto Street, 255.8 feet on Rusk Street, 254.7 feet on Caroline Street, and 250 feet on Walker Street. The property benefits from convenient access to major highways and metro rail lines, ensuring excellent connectivity and accessibility. Current unaudited net operating income (NOI), before property taxes, from existing parking operations, is $887,000 (period 9/23 - 8/24). The property is not located within a floodplain. City of Houston utilities are available. This is a rare chance to acquire a substantial, strategically located land holding in one of Houston's most dynamic and sought-after areas. The asking price is available upon request.

Highlights

  • Prime CBD location.
  • Exceptional frontage totaling approximately 1,015 feet across four streets: San Jacinto, Rusk, Caroline, and Walker.
  • Full city block site encompassing approximately 1.486 acres (64,707 square feet) at 1215 Walker St, Houston, TX 77002.
  • City of Houston utilities.
  • No floodplain designation.
  • Strong parking income: $887,000 (unaudited, 9/23-8/24).

Property Details for 1215 Walker St

Property type
Other land, Land
Lot Size (sq. ft)
64,730 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.756767
Longitude
-95.36188
1215 Walker St, Houston, Texas

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1215 Walker St
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