$2,100,000
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2612 Riverside DR Houston, TX 77004
0.74 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Riverside Terrace Sec 05
MLS Listing ID 56468195
Sold Date 10/29/21
Annual Tax Amount $22,559
Tax Year 2020
Lot Size 0.735 Acres
Acres 0.7351
Property Description
2612 Riverside Drive provides a very rare opportunity for a developer or investor to purchase a single tract of land with 32,021 sq. ft. in the heart of the city. Formerly, this property operated as a 41 unit motel and also includes a separate retail space which is currently a hair salon. This area has seen tremendous new construction & redevelopment all around including the neighboring lot (23K sq. ft.) which was replatted for 12 townhouses of which all have sold. The property is situated 1 block from Highway 288, 2 blocks from a brand new HEB grocery store and less than 10 minutes from both Downtown & the Texas Medical Center. Major universities including Rice, Texas Southern, University of Houston and St. Thomas are located within a close vicinity as well.
Location
State TX
County Harris
Area Riverside
Building
Lot Description Can Be Subdivided, Open, Other, Subdivision
Lot Size Range 1/2 Up to 1 Acre
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Lockhart Elementary School
Middle Schools Cullen Middle School (Houston)
High Schools Yates High School
School District 27 - Houston
Others
Restrictions Unknown/Verify
Tax ID 061-126-036-0001
Acceptable Financing Conventional, Investor, Other
Tax Rate 2.5366
Disclosures Other Disclosures
Listing Terms Conventional, Investor, Other
Financing Conventional,Investor,Other
Special Listing Condition Other Disclosures
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Bought with Womack Development
Nicholas Chambers
Global Real Estate Advisor & Territory Manager | License ID: 600030
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