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    5401 Crawford St Houston, TX 77004

    Sponsored
    For Sale
    Contact for pricing

    0.57-acre lot in Museum District.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.57-acre commercial land parcel presents a unique investment opportunity in Houston's thriving Museum District. Ideally situated at 5401 Crawford Street, 77004, Harris County, Texas, this property boasts unparalleled access to key areas of the city. Its location offers immediate proximity to the vibrant cultural attractions of the Museum District, the prestigious Rice University, and the renowned Texas Medical Center. The site's densely populated surroundings ensure high visibility and potential for significant foot traffic. Furthermore, its strategic position just south of Highway 59 and west of Highway 288 provides effortless connectivity throughout Houston, facilitating easy commutes and efficient logistics. This prime location offers developers and investors a rare chance to capitalize on the area's robust growth and high demand for commercial properties. The property's 0.57 acres provide ample space for a variety of commercial developments, making it an attractive proposition for businesses seeking a prominent presence in one of Houston's most desirable neighborhoods. The coordinates are 29.723779025294306 latitude and -95.3835092482627 longitude. This is a truly exceptional opportunity to acquire a highly desirable commercial land parcel in a rapidly developing area of Houston.

    Property Features for 5401 Crawford St

    General Information

    Property type
    Land
    Lot Size
    24,829 SF

    HighLights

    • 0.57‑acre commercial lot in Houston's Museum District.
    • Located at 5401 Crawford Street, Houston, TX 77004 (Harris County).
    • Prime location near Rice University, Texas Medical Center, and major freeways (Highway 59 & 288).
    • High visibility and foot traffic due to dense population.
    • Ideal for various commercial developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.383509248263
    Latitude
    29.723779025294

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    FAQs

    What type of property is this?
    Land - 0.57-acre lot in Museum District.
    Where is this land located?
    The property is located at 5401 Crawford St Houston, TX.
    What are key features of this property?
    This property features: 0.57-acre commercial lot in Houston's Museum District.; Located at 5401 Crawford Street, Houston, TX 77004 (Harris County).; Prime location near Rice University, Texas Medical Center, and major freeways (Highway 59 & 288).
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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
    5401 Crawford St Houston, TX 77004
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