1110 W Gray St, Houston, TX 77019
- Medical Office Space
- 4,800 SF
- 0.78 lot acres
Current Use by Public Records
- Montrose 24 Hour ER - Houston / Hospital
- Restore Dental at Montrose / Dental Office
- Arike Aesthetics / Spa & Massage Center / Alternative Medicine Practice
- DVA Plastic Surgery / Medical Clinic
- Montrose Emergency Room / Hospital
Property Details for 1110 W Gray St
- Year built
- 1968
- Construction
- BRICK
- Lot size
- 0.78 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 1402870010001
- APU
- 1402870010001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 6, 2025 | — | 1110 W Gray LLC | — | Deed · related | $8.2M · Gulf Capital Bank |
| Jan 23, 2020 | — | 1110 W Gray LLC | — | Deed · related | $35.6M · Gpm Elf Port LP |
| Aug 16, 2019 | — | 1110 W Gray LLC | — | Deed · related | $2M · Wallis Bk |
| May 23, 2018 | — | 1110 W Gray LLC | — | Deed · related | $6M · Wallis St Bk |
| — | — | 1110 W Gray LLC | — | Deed Of Trust · related | $2M · Wallis Bk |
| — | — | 1110 W Gray LLC | — | Deed Of Trust · related | $35.6M · Gpm Elf Port LP |
| — | — | 1110 W Gray LLC | — | Deed Of Trust · related | $6M · Wallis St Bk |
Description
Reve at Montrose offers an exceptional 17,233 square foot retail investment opportunity in Houston's desirable Inner Loop River Oaks submarket. Located at 1110 W Gray St, Houston, TX 77019, this 100% occupied storefront boasts an irreplaceable location at the intersection of W Gray St and Montrose Blvd, experiencing over 35,885 vehicles daily. Built in 1932 and extensively renovated in 2019, the property benefits from a strong, stable tenant base exclusively comprised of medical businesses, ensuring long-term lease stability. The surrounding area is characterized by premier residential neighborhoods and significant ongoing development, further enhancing the property's value and potential. Ample parking is available, with 38 spaces per unit. This unique offering presents a rare chance to acquire a high-performing retail asset in a rapidly appreciating area of Houston, Texas. The property's location within Harris County provides excellent access to major transportation arteries and a thriving community. This is an exceptional opportunity for investors seeking a stable, high-return investment in a prime Houston location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $755,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,090,000
- 6.5%
- $1,005,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $487,000
Market price range: $144k - $487k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $830,000
- RETAIL STORES
- $500,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3926
- Latitude
- 29.7537
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
