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    120 Fairview St Houston, TX 77006

    For Sale
    Contact for pricing

    Prime 41,274 SF Houston Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 41,274-square-foot commercial land parcel presents a unique investment opportunity in Houston's vibrant Montrose neighborhood. Located at 120 Fairview Street, in Harris County, Texas, zip code 77006, this property boasts a highly desirable location. Its proximity to the central business district, coupled with its convenient access to the Texas Medical Center, the Museum District, the University of Houston, and the University of St. Thomas, makes it an ideal site for a variety of commercial developments. The property's strategic position within walking distance of Montrose's renowned restaurants and entertainment venues further enhances its appeal. The site is situated at latitude 29.748454 and longitude -95.3845879. This expansive lot offers significant potential for developers seeking to capitalize on the area's strong growth and high demand for commercial space. The property is classified as commercial land and is ready for immediate development. Given its size and location, this property represents a rare chance to acquire a significant land holding in one of Houston's most sought-after neighborhoods. The property is zoned for commercial use (zoning information should be independently verified). Serious inquiries are encouraged.

    Property Features for 120 Fairview St

    General Information

    Property type
    Land

    HighLights

    • 41,274‑square‑foot commercial land parcel in Houston's Montrose neighborhood.
    • Located at 120 Fairview Street, Houston, TX 77006.
    • Highly desirable location near the CBD, Texas Medical Center, Museum District, and Universities of Houston & St. Thomas.
    • Walking distance to Montrose restaurants and entertainment.
    • Ready for immediate commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3845879
    Latitude
    29.748454

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    FAQs

    What type of property is this?
    Land - Prime 41,274 SF Houston Lot
    Where is this land located?
    The property is located at 120 Fairview St Houston, TX.
    What are key features of this property?
    This property features: 41,274-square-foot commercial land parcel in Houston's Montrose neighborhood.; Located at 120 Fairview Street, Houston, TX 77006.; Highly desirable location near the CBD, Texas Medical Center, Museum District, and Universities of Houston & St. Thomas.
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    120 Fairview St Houston, TX 77006
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    Houston, TX 77006
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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
    120 Fairview St Houston, TX 77006
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