Land

215 Acres - Urban Land Development Site in Houston, TX

701 Holmes Rd Houston, Texas United States 77045-1001
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
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.

Key facts

Building Area
Land Area ()

Property description

JLL, as exclusive advisor to The University of Texas System, is pleased to offer, in all or part, the opportunity to acquire a ±215 acre urban infill, development site on Buffalo Speedway, just south of the I-610 Loop and the Texas Medical Center in Houston, Texas.

Investment highlights

  • Located approximately 1/3 mile from both the IH-610 Loop and US 90 (Main Street) providing excellent ingress/egress
  • Bisected by Buffalo Speedway, one of Houston’s premier north/south infill thoroughfares
  • Quick access to mass transit as the Property is positioned only one mile west of Houston’s METRORail Line Station
  • At ± 215 acres, it is the largest development site in infill Houston and one of the largest sites in a central location in any major metro in the United States
  • Located just three miles south of the Texas Medical Center, the world’s largest and fastest growing medical center
  • Close proximity to NRG Stadium (home of the Houston Texans) and the rest of NRG Park
  • Surrounded by new multi-family, medical, and high-density single-family developments
  • Located in Harris County Improvement District #12, which not only allows for the reimbursement of certain development costs, but also provides reimbursement for recreational and parking facilities
  • Pro-development regulatory and local environment with numerous incentives available
  • The Houston MSA is projected to grow 66.7% by 2040, adding 4.4 million new people to the region
Last Updated Date: 09 Jun 2021
Davis Adams
Davis Adams
Managing Director, Land Group Leader
Broker Licenses
TX -466913
Colby Mueck
Colby Mueck
Senior Managing Director, Houston Office Co-Head
Broker Licenses
TX-0500827

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Last Updated Date: 09 Jun 2021

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