8222 Kingsbrook Rd - 11.27 Acres at I-10 and Chimney Rock
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8222 Kingsbrook Rd - 11.27 Acres at I-10 and Chimney Rock
11.27 Acres of Commercial Land in Houston, TX 77024
INVESTMENT HIGHLIGHTS
- 312 feet of frontage on I-10, offering excellent visibility and connectivity to all Houston’s highways and major employment drivers
- Opportunity to own property in the heart of Memorial, one of Houston’s most affluent neighborhoods
- Affluent demographics - $219,370 average household income within a 1-mile radius
- No zoning allows for flexible development options across all product types with no pre-determined use
- Zero Competing Supply: Zero Office, Multi-Family, Medical or major Retail under construction within a 2-mile radius
- Excellent ingress / egress with direct exit ramps to Chimney Rock
EXECUTIVE SUMMARY
Jones Lang LaSalle (“”JLL””), on behalf of the owner, is seeking qualified developers for the sale or partnership on Fox Hall Apartments, a premier, unrestricted 11.27 acre site with significant income from the existing improvements. Located at the corner of I-10 and Chimney Rock Road, the Property provides an extremely unique development opportunity as it sits within a generational location surrounded by Houston’s most affluent neighborhoods and is zoned to some of the most prestigious schools - Hunters Creek Elementary, Spring Branch Middle, and Memorial High School. The Property serves these highly desired neighborhoods while providing high visibility and traffic exposure and allows quick connectivity to Houston’s major employment drivers. The site offers unrivaled views that will be preserved by the low-rise homes of the prestigious Memorial Villages and Tanglewood subdivisions. With minimal competing future development opportunities due to lack of available sites, the Property has boundless development potential and is well positioned to capitalize on the strength of Houston’s growing economy.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 11.27 AC |
| Lot Size | 11.27 AC |
Unrestricted 11.27 acre site with significant income from the existing improvements. Located at the corner of I-10 and Chimney Rock Road.
PROPERTY TAXES
| Parcel Number | 1021250000001 | Improvements Assessment | $35,326,210 CAD |
| Land Assessment | $15,708,165 CAD | Total Assessment | $51,034,375 CAD |
PROPERTY TAXES
Parcel Number
1021250000001
Land Assessment
$15,708,165 CAD
Improvements Assessment
$35,326,210 CAD
Total Assessment
$51,034,375 CAD
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8222 Kingsbrook Rd - 11.27 Acres at I-10 and Chimney Rock
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