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Property profile & analytics
FOR SALE
Flex space

7087 Main St Houston, TX 77030

59,211 SF Built 1983
Property ID
US82-Q088573
Property summary
AI-generated overview

Marcus & Millichap is pleased to exclusively offer for sale ±1.36 acres of land, located at 7807 Main Street in Houston, Texas 77030. The subject property is an irreplaceable land site, benefitting from ±301 feet of retail frontage to Main Street (approximately 53,606 vehicles per day). The ±59,211 square feet of land is situated at the eastern quadrant of Main Street and Kirby Drive, situated approximately ¾ of a mile from the Medical Center and ½ of a mile from NRG Stadium. Given its ample frontage to a primary retail thoroughfare of Medical Center and NRG Stadium, the property is well positioned for development of high-rise multifamily, hospitality, medical/life science facilities, retail, or mixed use. The subject property also currently has ±47,918 square feet of flex/office shell improvements that could be built out or redeveloped for an owner-user opportunity at an attractive cost-basis or demolished for ground-up development.

Property profile
Verified
Property type Flex space
Year built 1983
Total area 59,211 SF
UPID US82-Q088573
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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