2416 Lamar Street
0.15 Acres of Commercial Land Offered at $1,070,445 CAD in Houston, TX 77003




INVESTMENT HIGHLIGHTS
- ax Increment Reinvestment Zone (TIRZ): This property falls within the boundaries of Tax Increment Reinvestment Zone (TIRZ)
- Real Estate Activity: Midtown Houston has experienced significant real estate activity in recent years
- Commercial Growth: An increase in retail spaces, restaurants, and entertainment venues, contributing to a vibrant mixed-use environment.
- Impact on Land Pricing: The presence of a TIRZ often leads to enhanced infrastructure and public amenities, which can increase property values
- Residential Development: An influx of new apartment complexes and townhomes catering to young professionals and families
- Infrastructure Projects: Ongoing improvements to transportation networks, including enhancements to pedestrian pathways and public transit options
EXECUTIVE SUMMARY
6,500 SF OR 0.149 ACRES | HCAD # 134-189-001-0001
OUTSIDE THE 100 & 500-YEAR FLOOD ZONES
PROPERTY FACTS
Price | $1,070,445 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 0.15 AC |
1 LOT AVAILABLE
Lot
Price | $1,070,445 CAD |
Price Per AC | $7,136,300.21 CAD |
Lot Size | 0.15 AC |
Located within 1.0 Mile of Toyota Center, Shell Energy Stadium, Discovery Green and the CBD of Houston The land is located in the Midtown area, a vibrant neighborhood known for its mix of residential, commercial, and cultural spaces. Midtown has ex