For Sale
$2,900,000

5271 Memorial DrHouston, TX 77007

Prime Houston redevelopment site. 0.7 acres.

Overview

Added:
Dec 11, 2024
Days on market:
101
This exceptional 0.705-acre commercial land parcel, located at 5271 Memorial Drive in Houston, Texas, presents a rare redevelopment opportunity. Situated on a main arterial road connecting Downtown Houston to Memorial Park and the West Loop, this property offers unparalleled access to major highways including I-45, I-10, US 59/69, and West Loop 610. Its prime location near Buffalo Bayou and the prestigious River Oaks neighborhood provides proximity to upscale amenities such as Brenner's on the Bayou and Black Walnut Café, along with numerous retail options. The area is experiencing significant growth, with new developments including a planned St. Regis Residences high-rise and the Autry Park urban village. This site boasts an average household income exceeding $193,000,000 within a one-mile radius, making it an ideal location for a high-end development. The property's size (30,696 square feet per Harris County Appraisal District) and location make it perfect for a vertical development project. The asking price is $2,900,000. This is a truly unique chance to capitalize on Houston's thriving real estate market. The property is zoned for commercial use.

Highlights

  • Rare redevelopment opportunity on Memorial Drive.
  • Excellent access to Downtown Houston, West Loop, and major highways (I-45, I-10, US 59/69, West Loop 610).
  • Two-minute drive to Memorial Park.
  • Across Buffalo Bayou from River Oaks.
  • Near Washington Avenue Corridor.
  • High average household income ($193,000,000+) within one mile.

Property Details for 5271 Memorial Dr

Property type
Other land, Land
Lot Size (sq. ft)
30,710 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.762046050643
Longitude
-95.415024501634
5271 Memorial Dr, Houston, Texas

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5271 Memorial Dr
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