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21093794
21093793

US 290 & Federal Plaza Dr, Houston, TX 77092 For Sale

DG
TX 724949
CBRE - Houston Galleria
CBRE - Houston Galleria
Listed by CBRE - Houston Galleria
Unpriced
1545 days on market
Updated 12 days ago

US 290 & Federal Plaza Dr

Details
Property Type Land
Sub Type Commercial
Acreage 0.57 - 1.58

Land

Marketing description

The two remaining commercial pads, totaling approximately ±3.16 acres, present a prime opportunity for development in a highly accessible location. Tract 5 features dimensions of ±182 feet by 378 feet, while Tract 6 offers ±188 feet by 378 feet, providing ample space for various commercial ventures. Both tracts benefit from City of Houston utilities, including discounted sanitary capacity and limited detention capacity already in place, streamlining the development process. Access is convenient, with a Private Access Easement (PAE) and cross-access arrangements that offer four entries directly off the US 290 feeder, ensuring high visibility and easy ingress and egress for customers and clients alike.

Investment highlights

The property boasts a strategically advantageous location, just 16 minutes from the Galleria Mall and 17 minutes from Downtown Houston, making it easily accessible for both residents and visitors. Additionally, it is conveniently situated 30 minutes from George Bush Intercontinental Airport (IAH) and Hobby Airport, providing exceptional connectivity for business and travel. This prime positioning enhances its appeal for commercial development and ensures a steady flow of potential customers and clients.

  • Tract 2B: SOLD

  • Tract 3: SOLD

  • Tract 5: ±1.58 AC (68,892 SF) $26 PSF

  • Tract 6: ±1.58 AC (68,704 SF) $28 PSF

  • Tract 9B: SOLD

  • Tract 9C: SOLD

Total Space Available: 3.16 AC

Listing Contacts

DG
TX 724949
CBRE - Houston Galleria
CBRE - Houston Galleria
Listed by CBRE - Houston Galleria

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Additional Information

Name
Darbe Gosda
License
724949
Brokerage
CBRE Inc.
Brokerage Phone
7135771812
Title
Agent
Brokerage Address
2800 Post Oak Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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