$329,900
Buckingham Place Sec 01
About This Property
Prime investment opportunity for redevelopment or immediate rental income. This property consists of five adjacent lots (Lots 14–18) with approximately 325 feet of frontage, including a corner at Lavender Street. Strategically located just ½ mile from Freeway 59, the site benefits from a newly expanded four-lane thoroughfare, increasing visibility and traffic flow. Two existing buildings—4609 (5,194 SF) and 4625 (3,360 SF)—are functional. 4609 needs $40K–$50K in renovations (last rented in 2023 for $2,300/month and currently seeking tenant), while 4625 is leased as a convenience store for $2,000/month. Owner is over 70 and ready to sell. Ideal for developers considering a shopping center, self-storage, apartment complex, or motel. Property is being sold AS-IS, WHERE IS—no repairs will be made by seller. Strong future potential with income now and long-term upside.
Property Details
Location
- County
- Harris
- School District
- 27 - Houston
- MLS Area
- 2
Size
- Lot Description
- Can Be Subdivided, Corner Lot, 1/2 Up to 1 Acre, Cleared
- $/Acre
- $982,723
Location
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Listing provided by K.C. Lam · RE/MAX Southwest · +1-281-491-1776
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