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Investment Highlights
- ±0.998-acre unrestricted parcel with reduced setbacks for enhanced development capacity.
- Located in Houston’s Montrose District, close to Downtown, Texas Medical Center, and Midtown.
- Surrounded by notable multifamily, mixed-use, and hospitality projects including Montrose Collective.
- Frontage on Montrose Blvd (approx. 201 ft), Fairview Ave, Hyde Park Blvd, and Grant St.
- Walkable community with strong dining, boutique retail, and cultural attractions within steps.
- Area boasts high-income households with an average income of $182K within three miles.
Executive Summary
An infill development opportunity is now available with this ±0.998-acre unrestricted parcel situated at Montrose Boulevard and Fairview Avenue in the heart of Houston’s Montrose District. This property offers the ability to control nearly an entire city block in one of Houston’s most culturally vibrant and walkable neighborhoods. Reduced setback requirements and minimal restrictions significantly enhance site efficiency, allowing for maximum buildable area and design flexibility.
The Montrose submarket continues to benefit from strong population and income growth, with more than 525,000 residents within five miles and an average household income of $182,000 within three miles. The location offers unparalleled connectivity, with quick access to Downtown Houston, the Texas Medical Center, and Midtown. Surrounding the site are signature mixed-use developments such as Montrose Collective, The Starling, and La Colombe d’Or, reinforcing long-term desirability for retail, restaurant, residential, or mixed-use projects.
Frontage includes approximately 201 feet along Montrose Boulevard and nearly 600 feet combined on Fairview Avenue, Grant Street, and Hyde Park Boulevard. Traffic counts exceed 24,800 vehicles per day along Montrose Boulevard. Whether positioned for boutique retail, hospitality, or high-end residential, this site represents one of the few remaining sites offering scale and flexibility in a premier urban district in Houston.
The Montrose submarket continues to benefit from strong population and income growth, with more than 525,000 residents within five miles and an average household income of $182,000 within three miles. The location offers unparalleled connectivity, with quick access to Downtown Houston, the Texas Medical Center, and Midtown. Surrounding the site are signature mixed-use developments such as Montrose Collective, The Starling, and La Colombe d’Or, reinforcing long-term desirability for retail, restaurant, residential, or mixed-use projects.
Frontage includes approximately 201 feet along Montrose Boulevard and nearly 600 feet combined on Fairview Avenue, Grant Street, and Hyde Park Boulevard. Traffic counts exceed 24,800 vehicles per day along Montrose Boulevard. Whether positioned for boutique retail, hospitality, or high-end residential, this site represents one of the few remaining sites offering scale and flexibility in a premier urban district in Houston.
Property Facts
1 Lot Available
Lot
| Lot Size | 1.00 AC |
| Lot Size | 1.00 AC |
Description
The site consists of approximately 0.998 acres in Houston’s Montrose District and is platted as an unrestricted reserve with reduced setback requirements that maximize the usable and developable area. It offers multiple street frontages, including Montrose Boulevard and Fairview Avenue. The property is positioned in a submarket identified for strong infill development potential, with numerous surrounding mixed-use and residential projects. Average traffic counts near the site exceed 20,000 vehicles per day, and the site is located within Houston ISD boundaries.
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Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0180300030001 | Improvements Assessment | $0 CAD |
| Land Assessment | $5,737,306 CAD | Total Assessment | $5,737,306 CAD |
Property Taxes
Parcel Number
0180300030001
Land Assessment
$5,737,306 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,737,306 CAD
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2401 Montrose Blvd
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