Land

2.58 Acres at the Northeast Corner of Louisiana and Elgin Streets in Houston

3101 Louisiana St Houston, Texas United States 77006-3438
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Land Area ()

Property Description

±2.58 Acre Superblock at the northeast corner of Midtown’s most heavily trafficked intersection, Louisiana and Elgin. The property features over 1,200 feet of frontage on Louisiana, Elgin, Milam, & Anita St as well as proximity to the new Whole Foods and the METRORail Red Line.

Investment Highlights

• Located in Midtown, Houston’s top live, work, play submarket.

• No zoning allows for flexible development options across all product types with no pre-determined use.

• Immediate accessibility to Downtown and the Texas Medical Center make Midtown an ideal location to live for employees in a wide variety of industries.

• Located in close proximity to the METRORail Red Line, the property offers future users unparalleled access to the city’s growing transportation system

• Located next to Midtown Park, a popular location for a wide variety of festivals including music, food and arts.

• Affluent neighborhood demographics - $123,000 average household income in a 3-mile radius.

• Dense urban area with 206,000 residents within a 3-mile radius.

• The property has seen 43% population growth within a 1-mile radius of the Property over the past 10 years.

Last Updated Date: 30 Sep 2021
Davis Adams
Davis Adams
Managing Director, Land Group Leader
License details
TX -466913
Rusty Tamlyn
Rusty Tamlyn
Senior Managing Director, Capital Markets
License details
TX-0225187

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Last Updated Date: 30 Sep 2021

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