4615 Sherman St - Commercial LAND FOR SALE


Houston, TX 77011- Second Ward33,249 SF
$1,596,000 USD
832-862-1875
4615 Sherman St, Houston, TX for Sale
$1,596,000 USD
Commercial LAND - FOR SALE
1/28
33,249 SF

4615 Sherman St
Houston, TX 77011
Second Ward


HIGHLIGHTS

  • 24 Hour Access
  • Corner Lot
  • Fenced Lot
  • Signage
  • Storage Space
  • Air Conditioning

OVERVIEW

Selling financing available with 15% down at below market rate. EADO Opportunity. This is an rare opportunity to acquire a large parcel of land in the rapidly changing EADO. Hard corner lot. This sale consists of 1 parcel of 27,000 and 1 other contiguous parcel of 6,250 sq. ft. for a TOTAL of 33,250 sq. ft. There are buildings on both lots, current rent about $5K per month. Both parcels sold together. You can keep the buildings rented while you plan for redevelopment. This is currently priced below what other deals are getting done in the East End (EADO). Only 2.5 miles from the 169 acre East River Project development by Midway. City infrastructure being updated all around. New housing steps away. One block to the Hike and Bike trail.

FOR SALE DETAILS

PRICE

$1,596,000 USD

PRICE/ACRE

$2,090,880/AC

PRICE/SF

$48 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Multi-Family, Apartment Units, Bank, Car Wash, Contractor Storage Yard, Drug Store, Fast Food, Health Care, Hold for Development, Restaurant, Self-Storage, Single Family Development, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Strip Center

LAND ACRES

0.76 AC

LAND SF

33,250 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

None residential or comm

APN/PARCEL ID

028-030-000-0005,0280300000015

ASK ABOUT THIS PROPERTY

Chuck IrwinNB Elite RealtyMore Info
832-862-1875

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Chuck IrwinNB Elite RealtyMore Info
832-862-1875

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.