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Property profile & analytics
OFF-MARKET
Commercial real estate

215 Fargo St Houston, TX 77006

1,625 SF
Property ID
US82-3922792
Property summary
AI-generated overview

This exceptional 1,625-square-foot restaurant property, located at 215 Fargo Street in Harris County, presents a unique investment opportunity. Situated on a sizable 10,000-square-foot lot, this single-tenant building boasts a highly desirable location in the vibrant Fairview District. Its convenient access and proximity to a diverse neighborhood make it an ideal spot for a thriving culinary establishment. The property's strategic placement offers easy access to downtown, situated just over half a mile away, and benefits from the presence of established restaurants and bars in the immediate vicinity. The building's versatile design lends itself to a variety of uses, including restaurants, retail spaces, cafes, or even a wine bar, providing flexibility for potential buyers. The cross street is Taft Street, further enhancing its visibility and accessibility. This property offers a compelling combination of size, location, and adaptability, making it an attractive proposition for discerning investors seeking a foothold in a thriving urban area. The substantial lot size also presents potential for future expansion or outdoor seating, adding to its overall appeal. This is a rare opportunity to acquire a well-positioned commercial property in a dynamic and growing neighborhood.

Property profile
Verified
Property type Commercial real estate
Total area 1,625 SF
UPID US82-3922792
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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