Price Improved | Re Development Opportunity Inside The Loop
$1,299,000
3701 Hardy Street, Houston, TX 77009
10,000 sqft
Building Size
39,375 acres
Lot Area
Details:
Description:
3701 Hardy Street and 3702 Terry Street present a price-improved Inner-Loop re-development opportunity priced for land value only. The ±39,375 SF assemblage offers Hardy Street frontage, a fully fenced and paved site, and approximately ±40 parking spaces, creating a strong re-development play in a central Houston corridor. Ownership has indicated possible city incentives for approved plans, subject to buyer verification.
DEAL SUMMARY
Offering Price: $1,299,000
Pricing Positioning: Priced for land value only
Total Site Area: ±39,375 SF across multiple parcels, including 3702 Terry Street
Frontage: ±250 FT of Hardy Street frontage
Potential Incentive Story: City incentives may be in play for approved re-development plans
Lot Improvements: Fenced site with paved yard/access and approximately ±40 surface parking spaces
Primary Strategy: Inside-the-Loop re-development opportunity
Location: Heights-adjacent with central Houston access
Corner visibility on Hardy Street with traffic counts over 6,000 vehicles per day, supporting strong signage and daily trip generation.
Inner Loop / Heights submarket, where estimated retail pricing (~$332/SF) and cap rates (~6.8%) outperform the broader Houston market, reinforcing long-term value.
Dense urban demographics with 423,000+ residents, 178,000+ households, and roughly $11.9B in buying power within 5 miles, supporting tuition-based, and service-oriented users.
Central Northside Houston location with convenient access to major corridors and Downtown, drawing from both neighborhood rooftops and a broad employment base of 1M+ jobs within 10 miles.
Turnkey-ready site for a school, daycare, or specialty commercial concept that can immediately leverage the area’s traffic, density, and spending power.
3701 Hardy Street and 3702 Terry Street present a price-improved Inner-Loop re-development opportunity priced for land value only. The ±39,375 SF assemblage offers Hardy Street frontage, a fully fenced and paved site, and approximately ±40 parking spaces, creating a strong re-development play in a central Houston corridor. Ownership has indicated possible city incentives for approved plans, subject to buyer verification.
DEAL SUMMARY
Offering Price: $1,299,000
Pricing Positioning: Priced for land value only
Total Site Area: ±39,375 SF across multiple parcels, including 3702 Terry Street
Frontage: ±250 FT of Hardy Street frontage
Potential Incentive Story: City incentives may be in play for approved re-development plans
Lot Improvements: Fenced site with paved yard/access and approximately ±40 surface parking spaces
Primary Strategy: Inside-the-Loop re-development opportunity
Location: Heights-adjacent with central Houston access
Documents:
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Location
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