Business Survivability in Greater Third Ward, Houston

StreetSpring's 2026 analysis finds that the best business to open in Greater Third Ward is an Italian Restaurant with a ~78% chance of surviving at least 2 years across the neighborhood on average.

13 min read

Quick Summary

  • Survivability Score: the projected chance a business type lasts two or more years at a specific address
  • Best business: an Italian Restaurant in Greater Third Ward (~78% average survival rate, ~79% at best locations)
  • Neighborhood rank: #58 across all neighborhoods in and around Houston
  • Neighborhood average: ~77% two-year survival across all business types
  • Rankings updated quarterly with latest market data
  • Detailed methodology

Last reviewed: September 2026 by Bobby Koons, Founder & CEO, StreetSpring

In this article:

Summary

StreetSpring's 2026 analysis finds that the best business to open in Greater Third Ward is an Italian Restaurant with a ~78% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~79% chance; next is a Day Care Center with a 78.51% chance, followed by a Filipino Restaurant with a 78.41% chance.


Is Greater Third Ward a good place to start a business?

Greater Third Ward holds the #58 position in and around Houston for new business survivability, averaging ~77% across all analyzed business types.

  • The survivability gap between the best and average addresses in Greater Third Ward reaches ~2% for the strongest-performing business categories.
  • However, these same business types at the worst locations in Greater Third Ward can sometimes provide a projected Survivability Score considerably below the average. Thus, even the businesses that are most in need in Greater Third Ward could have trouble succeeding if the best location is not selected.
  • Greater Third Ward's 17.3% commercial vacancy rate signals the current availability of storefronts and shapes the competitive environment that survivability scores reflect.

Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.


How can you find the best location to open a business in Greater Third Ward?

StreetSpring's model evaluates every available address in Greater Third Ward for your business type, ranking them by survivability so the best storefront is always identifiable. Below is the best location for an Italian Restaurant in Greater Third Ward:

Loading live map preview...

This map shows the optimal location for an Italian Restaurant in Greater Third Ward based on StreetSpring's 2026 survivability analysis. Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.

Check if this location is still available →


What are the best businesses to open in Greater Third Ward?

#Business typeChance of lasting 2+ years
1Italian Restaurant78.52%
2Day Care Center78.51%
3Filipino Restaurant78.41%
4Pet Boarding Facility78.40%
5Singaporean Restaurant78.27%
6Pet Grooming Shop78.11%
7Japanese / Sushi Restaurant78.09%
8French Restaurant78.00%
9Salad Shop77.99%
10American Restaurant77.84%

#1-5: Highest Survivability in Greater Third Ward

  1. Opening an Italian Restaurant in Greater Third Ward shows 78.52% average survivability. Top locations reach ~79%; lower-end sites show ~78%.
  2. Day Care Center (Ranked #2): 78.51% average in Greater Third Ward. Best-case storefronts: ~81%. Challenging locations: ~79%.
  3. Filipino Restaurant is ranked #3 for top businesses to open in Greater Third Ward: 78.41% chance on average, best at ~79%, challenging at ~78%.
  4. Pet Boarding Facility — ~78%–~80% survivability range, with an average of 78.40% across Greater Third Ward.
  5. Opening a Singaporean Restaurant in Greater Third Ward shows 78.27% average survivability. Top locations reach ~79%; lower-end sites show ~78%.

#6-10: Strong Performers in Greater Third Ward

  1. Pet Grooming Shop (Ranked #6): 78.11% average in Greater Third Ward. Best-case storefronts: ~79%. Challenging locations: ~77%.
  2. Japanese / Sushi Restaurant is ranked #7 for top businesses to open in Greater Third Ward: 78.09% chance on average, best at ~79%, challenging at ~77%.
  3. French Restaurant — ~77%–~79% survivability range, with an average of 78.00% across Greater Third Ward.
  4. Opening a Salad Shop in Greater Third Ward shows 77.99% average survivability. Top locations reach ~80%; lower-end sites show ~78%.
  5. American Restaurant (Ranked #10): 77.84% average in Greater Third Ward. Best-case storefronts: ~78%. Challenging locations: ~77%.

Top 3 Compared Nationally


How much money could a business in Greater Third Ward make?

Best location vs. average location

Based on StreetSpring's 2026 analysis, prioritizing survivability score in your site-selection process in Greater Third Ward could lead to you making ~2% more than if you selected an average location, and ~3% more than if you selected one of the worst locations.

How StreetSpring calculates location value

  • The right address for one business type may be the wrong one for another — always evaluate fit for your specific concept.
  • Nothing influences a business's future more than its location.
  • Choosing locations with superior Survivability Scores directly correlates with higher revenue potential.
  • StreetSpring's address-level precision means the difference between choosing a site with a 65% survival rate and one with a 90% rate — even within the same neighborhood.

What businesses should open next in Greater Third Ward?

The top businesses to open next in Greater Third Ward:

  • Italian Restaurants — 78.52% average survival rate, up to ~79% at best locations
  • Day Care Centers — 78.51% average survival rate
  • Filipino Restaurants — 78.41% average survival rate

Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. StreetSpring has analyzed hundreds of thousands of business outcomes across major U.S. metros. Greater Third Ward's employment rate (80.4%) and vacancy rate (17.3%) together define the economic context that StreetSpring's model uses to score survivability for each business type at each address. Because market conditions shift constantly, StreetSpring updates every location's survivability score weekly — you can see current scores for available storefronts in Greater Third Ward right now.

See the Survivability Score for your new business

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Visual Data

radar chart of Houston business survivability.
StreetSpring survivability data — radar view of Houston.
Stacked bar chart showing survivability-score band distribution for top, middle, and bottom Houston neighborhoods.
Top, middle, and bottom neighborhoods in Houston broken into score bands (90+, 80-89, 70-79, 60-69, <60). Each bar shows the survivability mix for one neighborhood. 15 neighborhoods shown.

Frequently Asked Questions

Here are the most common questions about opening a business in Greater Third Ward.


What type of business should you rent your Greater Third Ward storefront to?

The analysis is clear: in Greater Third Ward, Italian Restaurants, Day Care Centers, and Filipino Restaurants consistently score highest on survivability, giving landlords the best chance of retaining tenants for 2+ years.

  • Nothing influences a business's future more than its location.
  • StreetSpring's address-level precision means the difference between choosing a site with a 65% survival rate and one with a 90% rate — even within the same neighborhood. StreetSpring allows property owners to evaluate any address against 500+ business types — so you can prioritize the categories that score highest at your specific location.

Related: See How Landlord Representatives in Houston Can Reduce Vacancy & Increase Tenant Longevity


Should you rent your Greater Third Ward storefront to an Italian Restaurant?

StreetSpring's data confirms an Italian Restaurant as the highest-survivability tenant type for Greater Third Ward. The best addresses show a ~79% chance of lasting more than 2 years; less optimal addresses score around ~78%.

  • StreetSpring's address-level precision means the difference between choosing a site with a 65% survival rate and one with a 90% rate — even within the same neighborhood.

What should I consider when opening a business in Greater Third Ward?

The Survivability Score for your specific address in Greater Third Ward is the most reliable signal you have before signing a lease — prioritize it above foot traffic estimates and demographic summaries.

  • Revenue Capture Score matters more than any other single metric when predicting business outcomes.
  • Each forecast is specific to the exact address and business type, generated by StreetSpring's internally developed prediction engine.
  • StreetSpring offers free access to its survivability scores — see how your shortlisted Greater Third Ward addresses rank right now.

See the best place for your business at StreetSpring.


StreetSpring's models are built from millions of real business outcomes, making predictions grounded in what actually happened. Aggregated survivability rankings for Houston are available in machine-readable format for research and integration purposes.

Full dataset for Houston: /resources/data/houston-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.