5229 Griggs RdHouston, TX 77021

For Sale
$1,899,999

2-Acre Property, Huge Potential!

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Houston commercial property at 5229 Griggs Rd, located in Harris County, Texas, 77021, presents a unique investment opportunity. The 2-acre lot encompasses a substantial 27,797 square foot building, offering a blend of retail and industrial space. The property includes a thriving 13,182 square foot discount store, complete with existing inventory and business operations, which are included in the sale price of $1,899,999. An additional 14,615 square foot warehouse provides ample storage or expansion potential. The price per square foot is $68.35. This prime location benefits from high visibility due to its proximity to the intersection of Griggs Rd and MLK Blvd, offering excellent access and exposure. Furthermore, the property enjoys a strategic position near the Texas Medical Center and the University of Houston, ensuring a strong and diverse customer base. The existing infrastructure provides immediate income generation potential, while the expansive lot size allows for future development or expansion opportunities. This versatile property is ideal for investors seeking a blend of immediate return and long-term growth potential in a thriving Houston market. The property's size and location make it a rare find in this competitive market.

Highlights

  • 2-acre land parcel.
  • 13,182 SF operating discount store, including business and inventory.
  • 14,615 SF existing warehouse building.
  • Excellent location near the Texas Medical Center and University of Houston.
  • High-traffic corner location at Griggs Rd and MLK Blvd.

Property Details for 5229 Griggs Rd

Property type
Other retail properties, Other land
Square Feet
27,797 SF
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.6982319
Longitude
-95.334879
5229 Griggs Rd, Houston, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5229 Griggs Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message