7115 Fairview St Houston, TX 77041
For Sale
This exceptional 4.87-acre industrial property in Houston, Texas, presents a compelling redevelopment opportunity. Located at 7115-7119 Fairview St, Houston, TX 77041, in Harris County, this site is currently fully leased, offering immediate income potential. The property is zoned for industrial use and boasts approved plans for the construction of a substantial 72,000 square foot warehouse complex, comprised of six individual buildings. This presents a significant opportunity for investors seeking to capitalize on the strong demand for warehouse space in the Northwest Houston area. The site's strategic location provides easy access to major transportation arteries, including Highway 6 and Highway 290, as well as direct access from FM 529, ensuring efficient logistics and distribution capabilities. This is an ideal investment for developers looking to expand their portfolio with a high-return, ready-to-develop industrial asset in a thriving market. The property's existing lease provides a stable income stream while plans are finalized and construction commences, minimizing risk and maximizing return on investment. This is a rare opportunity to acquire a prime piece of land in a rapidly growing area, poised for significant future appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.