SOLDLand
Matthew Hogue Acquires 5.3 Acres Of Land In NW Houston From Ray Sorsby For $X
2213 West 34th Street
Building Size
230,868 SF
Asset Type
Land
Closing
Oct 26, 2026
About this deal
AI
The asset involved in this transaction is a land parcel located at 2213 West 34th Street in Houston. The total square footage of the land is 230,868 and encompasses 5.3 acres within a prime infill area of NW Houston's 290 Corridor.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: Not specified
- Address: 2213 West 34th Street
- Market: Houston
- Square Footage: 230,868
- Buyer: Matthew Hogue
- Seller: Ray Sorsby
- Buyer's Representative: Jeff Peltier - Colliers
- Seller's Representatives: Derick Perkins & Kyle Fischer - Alpine Partners
Alpine Partners represents the seller in this transaction, and the property was purchased by a local owner-user as part of expansion plans in the submarket. The involvement of Colliers indicates a strategic move in the local real estate market dynamics.
On the Map
Land
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Players
Houston Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93