|
Park Place Circle
Unlock income potential on this 16,000+ sq ft unrestricted lot, ideally located just minutes from Hobby Airport and the U of H. Move-in ready with minimal repairs and clean-up needed. This site is a rare gem for boutique apartment developers looking to capitalize on Houston’s booming rental corridor.Why This Property Stands Out: Unrestricted Zoning – Build 8–12 units (1,200–1,500 sq ft each) with no red tape. Proven Rental Demand – 80+ nearby complexes show strong occupancy (93–95%), with 1–2 BR units leasing for $1,200–$1,900/month. Captive Tenant Base – Serve Hobby’s 12M+ annual travelers and U of H’s 47,000+ students and staff. Located near I-45/610 for excellent visibility and logistics. This is the last scalable lot in a supply-constrained zone.?Act fast—opportunities like this don’t last. Contact us today for feasibility studies and ROI projections. TR 5 BLK 205 PAARK PLACE CIRCLE
Directions: I-10, take I-45 S toward Galveston from W Dallas St. Take Exit 39 for Park Pl Blvd/Broadway Blvd. Continue on the Gulf Fwy feeder, then make a U-turn under the freeway. Stay to the right and turn right onto Detroit St. The destination will be on the left.
HARRIS County.
Courtesy: Better Homes and Gardens Real Estate Gary Greene - Lake Houston
MLS # 85094464
|
