120 Fairview St Houston, TX 77006
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.