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Property profile & analytics
FOR SALE
Medical Office Space

1110 W Gray St Houston, TX 77019

4,800 SF 0.78 ac lot Built 1968
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US82-4139866
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1968
Construction BRICK
Total area 4,800 SF
Lot 0.78 ac (34,121 SF)
APN 1402870010001
UPID US82-4139866
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
$1.01M
Comparable Approach Comparable
$487k
Blend (final) Blend
$750k
Owner & transaction history
1110 W Gray LLC · 1 yrs held
1110 W Gray LLC
since 2025
7 recorded transactions
2025
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $830,000 +170.9%
Retail stores $500,000 +63.0%
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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