This exceptional 8,375 square foot commercial land parcel is situated on a prime corner lot in Houston's coveted Museum District. Located at 102 Portland Street, 77006, this property boasts unparalleled visibility and accessibility, being just steps from Main Street and Montrose Boulevard. Its strategic location offers easy access to the Montrose/Midtown area, the Medical Center, and major freeways, ensuring high traffic and exposure. The property's location within the vibrant Museum District presents a unique opportunity for developers seeking a prestigious and highly sought-after address. This is a rare chance to build in a thriving area known for its cultural attractions, upscale residential neighborhoods, and strong economic activity. The asking price for this remarkable development opportunity is $950,000. The property is zoned for commercial use (verification recommended). Interested parties are encouraged to conduct their own due diligence and are welcome to drive by the property at their convenience. Please schedule a site tour in advance.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,030,975
Hospitality
$944,368
Educational
$785,703
Medical
$812,724
Retail
$1,222,205
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.7295
Longitude
-95.3879
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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