2217 Milam St 1.44 Acres of Commercial Land in Houston, TX 77002
INVESTMENT HIGHLIGHTS
- Located in Midtown, Houston's top live, work, play submarket.
- Immediate accessibility to Downtown and the Texas Medical Center.
- Located next to Midtown Park, a popular location for a wide variety of festivals including music, food and arts.
- No zoning allows for flexible development options.
- Located within short walking distance to the McGowen Metro Red Line stop.
- Dense urban area.
EXECUTIVE SUMMARY
Houston’s premier Midtown submarket. The Property is on Milam and Travis Street between Hadley and Webster Street and is located
near Houston’s Metro Red Line a few blocks from the McGowen stop. Located less than one half mile from Downtown, the Property lies
squarely in the middle of Houston’s #1 Live, Work, Play environment with walkability to countless urban amenities including parks, bars,
restaurants and grocers. The site sits on an entire block along one of Midtown’s most visible corridors, making it an ideal candidate for a
wide variety of development uses.
PROPERTY FACTS
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.44 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 1.44 AC |
(+/- 1.44 acres) in Midtown submarket. . The Property is on Milam and Travis Street between Hadley and Webster Street and is an ideal candidate for a wide variety of development uses.
DESCRIPTION
Jones Lang LaSalle (“JLL”), on behalf of the owner, is pleased to present the opportunity to purchase a full city block (+/- 1.44 acres) in Houston’s premier Midtown submarket. . The Property is on Milam and Travis Street between Hadley and Webster Street and is located near Houston’s Metro Red Line a few blocks from the McGowen stop. Located less than one half mile from Downtown, the Property lies squarely in the middle of Houston’s #1 Live, Work, Play environment with walkability to countless urban amenities including parks, bars, restaurants and grocers. The site sits on an entire block along one of Midtown’s most visible corridors, making it an ideal candidate for a wide variety of development uses.
PROPERTY TAXES
| Parcel Number | 1300540010001 | Improvements Assessment | $1,781,077 CAD |
| Land Assessment | $6,540,563 CAD | Total Assessment | $8,321,640 CAD |
