1506 Blodgett St, Houston, TX 77004
This exceptional 23,522 square foot commercial, industrial, and residential land parcel presents a unique investment opportunity in Houston, Texas. Located at 1506 Blodgett Street, in the vibrant Museum District, this 0.54-acre lot boasts a 250-foot frontage and is priced at $106 per square foot, totaling $2,500,000. The property offers unrestricted use, allowing for a wide range of development possibilities, including Class A multifamily, mixed-use, office, or medical office projects. All utilities are publicly available, and there are no easements. Its strategic location provides easy access to major highways, including Highway 59 and Highway 288, ensuring seamless connectivity to Downtown Houston and the Texas Medical Center. The surrounding area is known for its thriving cultural institutions, top-tier educational facilities, and excellent healthcare infrastructure, creating a strong and desirable community atmosphere. This prime location and versatile zoning make this property an ideal investment for developers seeking a high-impact project in a rapidly growing area of Houston.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.