Listing Agency: b***@cresa.com Show Phone

Listed By: Brandon Show Phone

Added: Jan 29, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 5-acre property in Houston presents a redevelopment opportunity with approved plans for a 72,000 square foot warehouse complex, comprised of six buildings. Currently, the site operates as a fully leased mobile home park with 22 spaces, providing an income stream during the transition. The existing leases are month-to-month, allowing for vacancy with a 30-day notice. On-site utilities, including well and septic, are already in place. The location provides convenient access to Highway 6, Highway 290, and FM 529. The property is situated outside both the 100- and 500-year floodplains. This site is suitable for developers seeking a fast-track project.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

500

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 77041, TX

35,958

Population

11,877

Households

3

Avg Household Size

38

Median Age

38%

College-Educated

84%

High-School Grad

18.9 sq mi

ZIP Area

1,903

Density / Sq Mi

$79,164

Median Household Income

$40,991

Median Earnings

$1,638

Median Rent

$269,000

Median Home Value

Market

Vacancy Rate% for Industrial in Houston, TX

9.4% 2019

10.7% 2020

7.2% 2021

5.2% 2022

6.8% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Permitted Plans for 72,000 SF Warehouse Space (6 Bldgs)

Where is this warehouse located?

The property is located at 7115-7119 Fairview St Houston, TX.