15700 Space Center Blvd
Houston, TX 77062 Clear Lake

Prime 2.5-Acre Development Opportunity in Clear Lake City, Houston

Seize this exceptional opportunity to acquire 2.5 acres of prime land at 15700 Space Center Blvd, Houston, TX 77062. Situated in the heart of Clear Lake City at the prominent corner of Space Center Blvd and El Dorado Blvd, this parcel offers unparalleled potential for diverse development projects.? Prospective buyers should conduct their own due diligence with the City of Houston regarding zoning, permitted uses, and potential land-use conversion to accommodate commercial development plans.

Property Highlights:

Strategic Location: 
Nestled in a thriving community, the site benefits from high visibility and easy access to major thoroughfares, ensuring a steady flow of traffic and connectivity to the broader Houston area.?

Flexible Development Potential: 
The property's generous dimensions and favorable topography provide a blank canvas suitable for various commercial ventures, including retail centers, office complexes, or mixed-use developments.?

Collaborative Development Potential:
The adjacent Clear Lake Baptist Church is open to exploring cooperative solutions, including allowing the addition of retention on their property. This collaboration could provide practical stormwater management, aesthetic enhancements, and effective separation between the church property and future development. Specific arrangements remain flexible and can be tailored to best support the buyer's vision for the site.

Investment Incentives:
Prospective developers can leverage a suite of economic incentives designed to promote growth and innovation in the Houston area:?

Tax Increment Reinvestment Zones (TIRZ): Developers may benefit from improvements financed by the incremental tax increases generated by the development, enhancing infrastructure and public amenities. ?

Chapter 380 Agreements: The City of Houston offers flexible incentive tools, including grants and loans, to support economic development projects that stimulate business activity and job creation. ?

Harris County Tax Abatement Program: Eligible projects may receive property tax abatements on the added value from improvements or new construction, promoting new growth and job opportunities. ?
hcoed.harriscountytx.gov

Community and Economic Growth:

Developing this property aligns with Houston's commitment to fostering economic development and community enhancement. The area is poised for growth, supported by local initiatives aimed at attracting businesses and improving infrastructure. Investors have the opportunity to contribute to and benefit from the dynamic expansion of this vibrant community.?

Conclusion:

This 2.5-acre parcel at 15700 Space Center Blvd represents a rare opportunity to develop a strategically located property with substantial support from local entities and potential access to significant economic incentives. Its prime location, combined with the proactive collaboration of Clear Lake Baptist Church and the array of available development programs, positions this property as an ideal choice for forward-thinking investors and developers.?

For further details and to explore this unique development opportunity, please contact the listing agent.