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Property profile & analytics

3101 Louisiana St Houston, TX 77006-3438

  • Retail space
  • 16,240 SF
  • 1.15 lot acres
OFF-MARKET
Value Estimations
$905,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-4683006
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • 3101 Louisiana St Parking / Parking Lot

Property Details for 3101 Louisiana St

Year built
1993
Construction
BRICK
Lot size
1.15 lot acres
Property size
16,240 SF
Property type
Retail space
APN
132590000003
APU
132590000003

Description

This exceptional 2.58-acre property, known as the Elgin Super Block, presents a remarkable mixed-use development opportunity in the heart of Houston's vibrant Midtown. Boasting a substantial 112,570 square feet of land, this is the largest contiguous block available in this highly sought-after area. The property's location at 3101 Louisiana Street, in Harris County, Texas, zip code 77006, provides unparalleled access to Houston's dynamic urban core. Its central location offers easy access to major transportation arteries, thriving commercial districts, and a diverse residential population. The expansive lot size allows for a wide range of development possibilities, from high-density residential projects to innovative commercial ventures, or a combination of both, catering to the area's growing demand for diverse and modern spaces. This is a rare chance to acquire a significant parcel of land in one of Houston's most dynamic and desirable neighborhoods, promising substantial returns for a forward-thinking developer. The property's size and location make it an ideal candidate for a large-scale, mixed-use development project that will significantly contribute to the ongoing revitalization of Midtown Houston.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $635,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,174,000
    Market price range: $852k - $1.88M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $1,325,000
    Current use
    WAREHOUSE, STORAGE
    $1,260,000
    Change: -5% Conversion: Difficult
    APARTMENT HOUSE (5+ UNITS)
    $1,210,000
    Change: -9% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Houston
County
Harris
State
Texas
Longitude
-95.3789
Latitude
29.7432
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$102,191
$3,750,000
$1,208,381
$4,958,381
-
$3,750,000
$1,208,381
$4,958,381
More about this property
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