±3.56 Acre Development Opportunity in Houston
NWC of E Sam Houston Pkwy and Karissa Ct, Houston, TX
Marketing description
±3.56 Acre Development Opportunity | Beltway 8 Frontage | Northeast Houston, TX
Exceptional development site positioned at the NWC of E Sam Houston Pkwy (Beltway 8) and Karissa Ct in one of Houston's most active growth corridors. This ±3.56-acre parcel offers rare Beltway 8 frontage with a survey in hand and infrastructure already in place, making it one of the most shovel-ready opportunities in the submarket.
Site Highlights:
- Direct Beltway 8 frontage with proximity to Hwy 90
- On-site detention | Utilities via HC MUD 285
- 500-year floodplain | Tax rate: 2.66%
- Zoned to Sheldon ISD
High-Growth Trade Area: The immediate 1-mile radius projects 15% population growth over five years, with an average household income of $84,776 and median home values of $235,603. Nearly 170,000 residents within 5 miles provide a deep and expanding consumer base.
Established Retail Demand Drivers: Forest Crossing (Lowe's, Bank of America, Freddy's) and The Shops at Stone Park (Chick-fil-A, Best Buy, JCPenney) are located immediately nearby, validating strong retail traffic and consumer spending in the corridor.
Industrial & Employment Tailwinds: The North Point 90 Logistics Center (2.5M+ SF on 190 acres) is under development in close proximity, joining the Chewy Distribution Center in driving significant workforce population growth in the immediate area.
Major Employment Proximity:
- Generation Park — 12,000 employees, $6B Chevron Phillips Plant, $50B petrochemical construction underway (10.5 mi)
- Port of Houston — 13.5 miles
- Houston CBD — 16.6 miles
A contiguous ±3.22-acre parcel is also available through DMRE, offering the potential for a combined assemblage. Call for pricing.
Investment highlights
Irreplaceable Beltway 8 Frontage Direct frontage on the East Sam Houston Parkway (Beltway 8), one of Houston's primary loop thoroughfares, providing exceptional visibility and accessibility for a wide range of commercial development uses in one of the city's fastest-growing corridors.
Survey in Hand — Reduced Timeline Risk A boundary survey has already been completed on the property, reducing due diligence timelines and giving prospective developers a head start on entitlements and site planning.
Infrastructure Already in Place Utilities are available through HC MUD 285 and detention is handled on-site, significantly reducing development costs and eliminating two of the most common deal-delay factors for raw land transactions in the Houston market.
High-Growth Submarket The immediate 1-mile trade area is projected to grow 15% over the next five years — nearly 4x the rate of the broader 3- and 5-mile rings — signaling strong near-term demand for retail, dining, and service-oriented development.
Affluent & Expanding Consumer Base Average household incomes reach $88,122 within 3 miles, supported by a combined population of nearly 170,000 residents within 5 miles and a median owner-occupied home value of $235,603.
Proven Retail Corridor Situated adjacent to Forest Crossing (Lowe's, Freddy's, Bank of America) and The Shops at Stone Park (Chick-fil-A, Best Buy, JCPenney), providing immediate co-tenancy validation and proven consumer traffic counts in the immediate node.
Major Industrial & Employment Tailwinds The North Point 90 Logistics Center (2.5M+ SF on 190 acres) is under development nearby, alongside the Chewy Distribution Center, driving significant daytime population growth and workforce housing demand throughout the corridor.
Proximity to Regional Economic Engines
- Generation Park — 12,000 employees, $6B Chevron Phillips Plant, $50B petrochemical construction underway (10.5 mi)
- Port of Houston — 13.5 miles
- Houston CBD — 16.6 miles
Assemblage Potential A contiguous ±3.22-acre parcel is available through DMRE immediately to the south, offering the opportunity to assemble a combined site for larger-scale retail, mixed-use, or institutional development.
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