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