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    FOR SALE
    Commercial land

    2014 Commonwealth St Houston, TX 77006

    Property ID
    US82-4440007
    2014 Commonwealth St, Houston, TX 77006 For Sale 1 / 50
    $2,899,990
    2014 Commonwealth St, Houston, TX 77006
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    Property summary
    AI-generated overview

    RARE OPPORTUNITY to acquire a contiguous assemblage of FIVE parcels totaling approximately 0.56 ACRES in the heart of MONTROSE. The property includes FOUR income-producing commercial buildings totaling approximately 10,750 SF, along with one undeveloped lot—offering immediate cash flow with significant upside for redevelopment, owner-user use, or long-term hold.This prime site is surrounded by UPSCALE residential, boutique retail, and walkable dining, with easy access to Downtown, the Texas Medical Center, Museum District, Hermann Park, and the Ion District. The portfolio currently can generate approximately $17,200//MONTH in rental INCOME, allowing investors to hold the asset while working through project plans, entitlements, and preliminary development without carrying vacant land. With neighboring townhomes trading for over $1M and a significant influx of growth throughout Montrose, this site is positioned in a high-demand area ideal for luxury residential or mixed-use development! bikeScore: 77, Very Bikeable walkScore: 90, Very Walkable transitScore: 66, Good Transit

    Property profile
    Verified
    Property type Commercial land
    UPID US82-4440007
    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
    • Camellia Alise Spa & Massage Center
    1 occupant on record
    Value estimations
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