Property Overview:
This exceptional property, located at 2805 Elmside Dr. in the heart of Houston's dynamic Westchase District, presents a rare opportunity for developers and investors. Spanning approximately 2 acres, this former Chase Bank facility with an abandoned motor driveway offers endless potential for redevelopment. Situated at the intersection of Westheimer Rd. and Elmside Dr., and in close proximity to Gessner Rd., this lot is ideally positioned for a variety of high-demand commercial, residential, and industrial uses.
Strategic Location:
The property's prime location in the bustling Westchase District ensures excellent visibility and accessibility. Westheimer Rd., one of Houston's major commercial arteries, runs just north of the site, providing a steady stream of traffic and exposure. The surrounding area is a thriving hub of activity, featuring a mix of retail centers, office complexes, residential communities, and dining establishments. The property's location near Gessner Rd. offers additional convenience, connecting it easily to major highways, including Beltway 8 and I-10.
Property Features:
Land Size: Approximately 2 acres of prime real estate.
Former Use: Previously operated as a Chase Bank facility, complete with an abandoned motor driveway, providing a unique redevelopment opportunity.
Zoning: The property is zoned for multiple uses, including residential, industrial, and office. However, any development outside these categories will require clearance from the Westchase District Association. Please refer to the attached deed restrictions for more information.
Utilities: All essential utilities, including electricity, water, and sewer, are readily available, ensuring a smooth and cost-effective development process.
Accessibility: The site offers easy access to major transportation routes, making it ideal for businesses or residential projects that require convenience for customers, employees, or residents.
Potential Development Projects:
The versatility of this property allows for a wide range of potential projects, making it an attractive option for developers with various goals. Some potential uses include:
High-Rise Condominiums:
With Houston's growing demand for upscale urban living, this property is perfectly suited for the development of high-rise condominiums. The site's location in a desirable area and its proximity to key amenities make it ideal for luxury residential units that cater to professionals, retirees, or families seeking modern conveniences.
Apartments (3 Floors):
The property is well-suited for a mid-rise apartment complex, offering the potential to build up to three floors of residential units. This type of development would appeal to renters looking for high-quality housing options in a vibrant neighborhood with easy access to shopping, dining, and employment centers.
Assisted Living and Memory Care:
With the increasing demand for senior living facilities, this property is an excellent candidate for an assisted living and memory care center. The tranquil setting and accessibility make it an ideal location for a facility that offers compassionate care for seniors, providing a safe and comfortable environment for residents.
Childcare/Montessori School:
The growing population of young families in the area presents an opportunity to develop a childcare or Montessori school on the property. The site's ample space and strategic location near residential neighborhoods make it a convenient and attractive option for parents seeking quality early education for their children.
Warehouses/Flex Warehouses:
For investors looking to capitalize on Houston's robust industrial sector, this property offers the potential to develop warehouses or flex warehouse spaces. The site's size and accessibility make it ideal for logistics, storage, or light manufacturing operations, catering to the needs of businesses in the area.
Single-Family Homes (20-25 Units):
The property's spacious layout is perfect for the development of a single-family home community. With the capacity to build 20 to 25 homes, this project could appeal to families and individuals looking for a suburban-style neighborhood with the convenience of nearby city amenities.
Investment Highlights:
Location: Situated in the highly desirable Westchase District, known for its strong economic activity and vibrant community.
Versatility: Suitable for a wide range of development projects, offering flexibility for investors and developers.
Growth Potential: Houston continues to experience rapid growth, making this property a valuable long-term investment in a thriving market.
Proximity to Amenities: Close to major shopping centers, office parks, schools, and recreational facilities, ensuring a steady demand for residential or commercial developments.
Development Considerations:
While the property is zoned for residential, industrial, and office use, any development outside these categories will require clearance from the Westchase District Association. Potential buyers should review the attached deed restrictions and consult with the Westchase District Association to ensure their plans align with local regulations and community guidelines.
Conclusion:
2805 Elmside Dr. is a prime investment opportunity in one of Houston's most sought-after districts. Whether you're considering residential, commercial, or industrial development, this property offers the space, location, and flexibility to bring your vision to life. With its former use as a bank facility, complete with an abandoned motor driveway, the site has unique characteristics that can be leveraged for innovative redevelopment projects. Don't miss this chance to secure a premier property in a rapidly growing area of Houston.
