Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    6006 Main St Houston, TX 77005

    Sponsored
    For Sale
    Contact for pricing

    Commercial & Residential Land - Near I-45 & Hwy 6

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    404
    This exceptional 68-acre tract presents a unique investment opportunity in the rapidly developing area of Houston, Texas. Located at 6006 Main St, Houston, Harris County, 77005, this expansive property boasts a prime location just 35 miles south of Houston's city center. Its strategic position offers easy access to major transportation arteries, including Interstate 45 and Highway 6, ensuring seamless connectivity to the wider Houston metropolitan area. The land is zoned for both commercial and residential development, providing flexibility for a wide range of projects. Surrounded by burgeoning residential communities, this property benefits from a thriving and expanding neighborhood, indicating strong potential for future growth and appreciation. The property's latitude and longitude coordinates are 29.7217557, -95.3929321. This presents a rare chance to acquire a substantial land parcel in a high-growth area, ideal for developers seeking to capitalize on the increasing demand for both commercial and residential spaces in this part of Houston. The property is currently offered for sale directly by the owner, providing a streamlined transaction process. Serious inquiries are encouraged to explore the full potential of this remarkable investment opportunity. The property is classified as Land, with a subtype of Commercial and Residential.

    Property Features for 6006 Main St

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Kyle Knight
    Kyle Knight

    Learn more

    HighLights

    • 68‑acre commercial and residential land tract in Houston, TX.
    • Located at 6006 Main St, Houston, Harris County, 77005, 35 miles south of downtown Houston.
    • Excellent access to I‑45 and Hwy 6.
    • Zoned for commercial and residential development.
    • Surrounded by growing residential communities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -95.3929321
    Latitude
    29.7217557

    Nearby Similar for Sale

    • $480,000
      2,236 SF

      Modern Duplex Near Medical Center

      Two-story duplex built in 2020, convenient location, fully equipped.
      6501 Osprey Dr, Houston, TX 77048
      View Details
    • New
      $1,050,000
      0.14 Acres

      Houston Heights Income Property

      Income-producing quadplex in Houston's Heights District, fully occupied.
      1246 Omar St, Houston, TX 77008
      View Details
    • $950,000
      0.60 Acres

      Versatile Office-Warehouse Flex Building

      Office-warehouse flex building on 0.60 acres in a high-visibility location.
      11043 Jones Rd, Houston, TX 77070
      View Details
    • $340,000
      1,883 SF

      Charming Renovated Houston Duplex

      Renovated duplex in Houston, perfect for homeowners or investors.
      2212 Terry St, Houston, TX 77009
      View Details
    • $4,500,000
      13,508 SF

      Houston Retail Property on Interstate

      2.64-acre retail site with showroom, service center, and shop.
      15150 North Fwy, Houston, TX 77090
      View Details
    • $600,000
      3,440 SF

      Houston Duplex Near NRG Stadium

      Townhouse-style duplex near NRG Stadium and medical center.
      5140 Mallow St, Houston, TX 77033
      View Details
    • $6,500,000
      1.39 Acres

      New Car Wash on Highway

      Newly built express car wash on high-traffic Houston corridor.
      3703 Highway 6 S, Houston, TX 77082
      View Details
    • $1,300,000
      1.02 Acres

      Houston Car Wash Business Opportunity

      Full-service car wash in a high-traffic Houston location.
      12573 Richmond Ave, Houston, TX 77082
      View Details
    • $2,000,000
      16,800 SF

      North Houston Multi-Use Facility

      Two-story, 16,800 SF medical or specialty facility for sale.
      12414 Dawn Rd, Houston, TX 77067
      View Details
    • $895,000
      4,683 SF

      Houston Office Building with Suites

      Two-story office building with six suites near downtown Houston.
      2601 Prospect St, Houston, TX 77004
      View Details
    • $1,900,000

      Turnkey Restaurant Space For Sale

      Established restaurant property in Northwest Houston with high-visibility frontage.
      5320 Hollister St, Houston, TX 77080
      View Details
    • $850,000
      3,728 SF

      Restored Houston Office Bungalow

      Restored 1920s bungalow ideal for executive office suites.
      2709 Blogett St, Houston, TX
      View Details

    FAQs

    What type of property is this?
    Land - Commercial & Residential Land - Near I-45 & Hwy 6
    Where is this land located?
    The property is located at 6006 Main St Houston, TX.
    What are key features of this property?
    This property features: 68-acre commercial and residential land tract in Houston, TX.; Located at 6006 Main St, Houston, Harris County, 77005, 35 miles south of downtown Houston.; Excellent access to I-45 and Hwy 6.
    (713) 781-7111
    Request Owner's contact information
    6006 Main St Houston, TX 77005
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6006 Main St
    Houston, TX 77005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6006 Main St Houston, TX 77005
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kyle Knight
    Kyle Knight
    Real Estate License ID: TX
    (713) 781-7111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.