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30902918
30902917

2 Locations

SJ
TX TX 708030
Avison Young - Austin
Avison Young - Dallas
Listed by Avison Young - Austin, Avison Young - Dallas
Unpriced
148 days on market
Updated 85 days ago

4550 & 4600 Post Oak Place Drive

Details
Property Type Hospitality, Land (+3)
Sub Type Hotel, Residential (+1)
Occupancy 61.45%
Lease Expiration 12/31/2027
Remaining Term 1.6
Buildings 2
Acreage 6.730
Zoning Unzoned
Investment Type Redevelopment

Up to 6.73 acre unrestricted redevelopment opportunity in River Oaks

Marketing description

The opportunity at 4550–4600 Post Oak Place Dr offers a rare chance to combine two contiguous parcels—3.725 acres and 3.006 acres—into a unified 6.73-acre development site. Alternatively, the parcels may be acquired and developed individually.

Given the strong market fundamentals and limited availability of comparable infill land in the Galleria/Post Oak corridor, the site is ideally suited for a mixed-use development concept that integrates for-sale and for-rent luxury residential units, complemented by ground-floor retail or a boutique hotel designed to capture the live-work-play dynamic.

4550 Post Oak Place Dr is currently 61.45% occupied, offering developers immediate interim cash flow while redevelopment plans are finalized. The existing office building also benefits from redevelopment lease provisions that allow for early termination, creating added flexibility ahead of lease expirations in December 2027.

Investment highlights

This site is perfectly suited for boutique hotel, luxury retail, high-end multi-family or condominium development, or a mixed-use concept that capitalizes on the area’s upscale character and strong demand for premium offerings.

4550 Post Oak Place Dr

  • 3.75 acres

  • 211,420 sf building

  • 61.45% occupancy with all current tenants terminating by Dec 2027

4600 Post Oak Place Dr

  • Under Contract

  • 3.006 acres

  • 100% vacant

  • Building to be demolished Q1 2026

Listing Contacts

SJ
TX TX 708030
Avison Young - Austin
Avison Young - Dallas
Listed by Avison Young - Austin, Avison Young - Dallas

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Additional Information

Name
Sullivan Johnston
License
TX 708030
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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