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3.725 AC Senior Living, Hotel or Multifamily Redevelopment Opportunity | River Oaks, Houston

3.725 AC Senior Living, Hotel or Multifamily Redevelopment Opportunity | River Oaks, Houston
FOR SALE

4550 Post Oak Place Drive, HOUSTON, TX 77027

145,795 SF

Square Feet

Property Description

4550 Post Oak Place Drive offers a rare 3.725-acre unrestricted redevelopment opportunity in one of Houston’s most sought-after infill locations. Positioned inside Loop 610 near River Oaks, Uptown and the Galleria, the property is well suited for senior living, multifamily, boutique hotel, condominium or mixed-use development.

The site is improved with a 211,420-square-foot office building that is currently 61.45% occupied, providing interim cash flow while redevelopment plans are finalized. Existing redevelopment lease provisions offer added flexibility ahead of tenant terminations in December 2027. The property also benefits from proximity to River Oaks District, Uptown Park, Memorial Park, Highland Village and The Galleria.

Highlights:

  • 3.725 unrestricted acres
  • 211,420 SF existing office building with 61.45% occupancy, providing interim cash flow
  • Perfectly suited for senior living, boutique hotel, luxury retail, high-end multi-family / condominium development, or a mixed-use concept
  • Inside Loop 610 near River Oaks District, Uptown Park and Memorial Park
  • Adjacent 3.006 acre parcel is under contract
  • Minutes from The Galleria, Memorial Park and Highland Village

Property Details

Asset Type

Office

Year Built

1976

Zoning

Unzoned

Lot Size

162,281 SF

Neighborhood

HOUSTON

Submarket

Houston

ZIP

77027

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

$0

Cash-on-Cash Return

0.00%

Monthly Debt Service

$0

Annual Debt Service

$0

View on Map

Address

4550 Post Oak Place Drive

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Houston Office Market Snapshot

Boundary boundary · Office · Sale

No investors found in this market.

Contact the Listing Team

Sullivan Johnston

Sullivan Johnston

Senior Vice President

3 closed

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Mike (Michael) Kennedy

Mike (Michael) Kennedy

Principal and Shareholder

3 closed

Call

Send a Message

Sullivan Johnston

Sullivan Johnston

Senior Vice President

3 closed

Call
Mike (Michael) Kennedy

Mike (Michael) Kennedy

Principal and Shareholder

3 closed

Call