2014 Commonwealth Street Houston Houston, TX 77006
Contiguous five-parcel portfolio with four income-producing buildings and one undeveloped lot for development or hold.
Property Features for 2014 Commonwealth Street Houston
General Information
- Standard status
- Active
- Size
- 10,750 SF
- Lot size
- 0.56 Acres
- Property subtype
- Land
Listing office (800) 683-5651
Listing date Jul 13, 2026
Source Jparhouston
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All listing content including descriptions, pricing, images are the copyrighted material of John Nesselhauf
Investment Insights
Based on property information with market context.
The site is positioned for convenient access to Downtown, the Texas Medical Center, the Museum District, Hermann Park, and the Ion District.
As a multi-parcel commercial land and building portfolio, it provides immediate occupancy-based cash flow through the existing improvements and an additional undeveloped parcel intended to support future project planning.
Key Highlights
- Contiguous five‑parcel portfolio totaling approximately 0.56 acres in the heart of Montrose
- Four income‑producing commercial buildings totaling approximately 10,750 SF
- Includes one undeveloped lot for development or long‑term hold
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.6k | $20.52 |
| − Vacancy | −$12.4k | −$1.15 |
| EGI | $208.2k | $19.37 |
| − OpEx | −$62.5k | −$5.81 |
| NOI | $145.8k | $13.56 |
