Commercial Land for Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Houston, TX 77021

Description

Marcus & Millichap is pleased to present 5415 Scott Street, a 2.03-acre site improved with a 1940s-era, 58-unit low-rise apartment complex, offering strong frontage and visibility along Scott Street and Brays Bayou, including approximately 178 feet of Scott Street frontage. The property is fully served by City of Houston utilities and provides excellent access to major corridors and nearby employment centers. Roughly 95 percent of the site lies within the 100-year and 500- year floodplain, requiring compliance with Harris County Flood Control detention and mitigation standards if redeveloped. Ideally positioned in Houston’s urban core, the property is just minutes from the University of Houston, Texas Southern University, and the Texas Medical Center, making it well-suited for redevelopment into multifamily, student housing, or retail in one of the city’s most active growth corridors. Investment Highlights: • A 2.03-acre site improved with a 1940s-era, 58-unit low-rise apt complex, offering strong frontage and visibility along Scott St and Brays Bayou, including approximately 178 feet of Scott St frontage. • The property is fully served by City of Houston utilities and provides excellent access to major corridors and nearby employment centers. • Roughly 95 percent of the site lies within the 100-year and 500- year floodplain, requiring compliance with Harris County Flood Control detention and mitigation standards if redeveloped.

Market Context

This land in Houston, TX is listed for sale. It has been on the market for 68 days. Compare it against other land listings for sale in Houston, TX — <a href="/search/sale/land/texas/houston">view the full market</a>.

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