Incredible value-in-land opportunity situated in the heart of the rapidly growing Greater Hobby Area. This 19,998 sq. ft. commercial lot (0.46 acres) boasts approximately 100 feet of high-visibility frontage on the bustling Telephone Road corridor. Surrounded by established businesses and high-demand commercial developments, this level, rectangular parcel is perfectly positioned for success less than one mile from William P. Hobby Airport. The site currently features a 4,420 sq. ft. commercial building (built in 1975) offered strictly for lot value as a full renovation or teardown project. Sold as-is, where-is, this property provides a versatile footprint for a custom build, professional office, or specialized facility in a high-traffic urban setting. Public utilities are available.