Commercial Land for Sale in Houston, Texas

Edge Capital Markets and Cushman & Wakefield are pleased to present the opportunity to acquire two tracts totaling +-7.86 acres at 2025 West 11th Street ("Property") in Houston, Texas. 2025 West 11th Street is a generational infill site at the convergence of Lazybrook, Timbergrove, Shady Acres, and The Heights, some of Houston's most historic and recognizable neighborhoods that are welcoming to all, making them some of the most desirable places to live with a picturesque backdrop of distinguished housing, unique shops, galleries, and restaurants.

The Property tremendously benefits from its proximity to Houston's primary employment drivers, the Galleria, Downtown, Memorial City, the Energy Corridor, and one of Houston's most treasured assets, Memorial Park, a 1,500-acre park currently undergoing a massive $200 million renovation that offers 18-hole facilities for tennis, softball, swimming, track, croquet, volleyball, skating, cycling, and a running course along with several picnic areas.

The surrounding dense population of 460,000 people within a five-mile radius easily access these employment drivers via nearby Interstates 10, 610, and 45, along with the Katy Transit Center. The Property is strategically located just off of TC Jester, one of the area's most recognizable thoroughfares, which is a highly trafficked road that connects the surrounding residential neighborhoods and supports the high concentration of retail and restaurants within the immediate trade area.

2025 West 11th Street is immediately surrounded by a young, highly educated, affluent population with an average home sale price value of $1,040,000 and sales up to $1,600,000. Within the 3-mile radius, the median age is 38, with 72% of the population having attained a Bachelor's or Graduate degree and being employed in well-paying jobs. An average household income of $173,000 helps create strong economics for surrounding retailers, restaurants, and other entertainment venues, creating a live, work, and play environment.

• Generational Opportunity: Located at the intersection of West 11th Street and T.C. Jester in Inner Loop Houston, the Property offers a rare infill generational opportunity within a highly sought after and dynamic trade area.
• Redevelopment Opportunities: Positioned on two tracts totaling +-7.86 acres, the shovel-ready site offers a highly flexible redevelopment opportunity and is suited for multifamily, retail, residential, office, medical or end-users.
• Affluent Demographics: Surrounded by high population growth and dense demographics with 460,000+ people within a five-mile radius. Additionally, the average household income surrounding the property within a 1-mile radius is over $190,000.
• Top Housing Market: The Property is surrounded by some of Houston's most desirable and affluent neighborhoods including The Heights, Lazybrook, Timbergrove and Shady Acres. As such, the average home sale price within a half-mile radius of the Property exceeds $1,040,000.
• Unmatched Houston Access: Superior highway access and connectivity to both I-10 and Loop 610, offering immediate connectivity to some of Houston's top business hubs including Downtown and Uptown/Galleria.
• High Barriers to Entry: Real estate in this exclusive area benefits from high barriers to entry for future competition. The scarcity of available land for new developments makes the subject property one of the few available 7.86+ acre sites within The Heights market.