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    7115 Fairview St Houston, TX 77041

    For Sale
    Contact for pricing

    Prime 4.87-acre site, fully leased, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 4.87-acre industrial property in Houston, Texas, presents a compelling redevelopment opportunity. Located at 7115-7119 Fairview St, Houston, TX 77041, in Harris County, this site is currently fully leased, offering immediate income potential. The property is zoned for industrial use and boasts approved plans for the construction of a substantial 72,000 square foot warehouse complex, comprised of six individual buildings. This presents a significant opportunity for investors seeking to capitalize on the strong demand for warehouse space in the Northwest Houston area. The site's strategic location provides easy access to major transportation arteries, including Highway 6 and Highway 290, as well as direct access from FM 529, ensuring efficient logistics and distribution capabilities. This is an ideal investment for developers looking to expand their portfolio with a high-return, ready-to-develop industrial asset in a thriving market. The property's existing lease provides a stable income stream while plans are finalized and construction commences, minimizing risk and maximizing return on investment. This is a rare opportunity to acquire a prime piece of land in a rapidly growing area, poised for significant future appreciation.

    Property Features for 7115 Fairview St

    General Information

    Property type
    Distribution properties
    Lot Size
    212,137 SF

    HighLights

    • Fully leased 4.87‑acre industrial land in Houston, TX, offering immediate income.
    • Prime redevelopment opportunity with approved plans for a 72,000 SF warehouse (six buildings).
    • Zoned for industrial use.
    • Excellent access to Highways 6 & 290, and FM 529.
    • Located at 7115‑7119 Fairview St, Houston, TX 77041.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5957015
    Latitude
    29.8818806

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    FAQs

    What type of property is this?
    Distribution property - Prime 4.87-acre site, fully leased, high potential.
    Where is this distribution property located?
    The property is located at 7115 Fairview St Houston, TX.
    What are key features of this property?
    This property features: Fully leased 4.87-acre industrial land in Houston, TX, offering immediate income.; Prime redevelopment opportunity with approved plans for a 72,000 SF warehouse (six buildings).; Zoned for industrial use.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7115 Fairview St Houston, TX 77041
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