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    8380 Spencer Hwy La Porte, TX

    For Sale
    $765,000

    9,800 SF retail building on Spencer Highway in La Porte.

    Property size:
    9,800 SF
    Lot size:
    0.35 Acres

    Property Features for 8380 Spencer Hwy

    General Information

    Size
    9,800 SF
    Lot size
    0.35 Acres

    Source: Keller Williams Realty Agent Chaundra Hugel Broughton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building on Spencer

    The subject property is a freestanding 9,800 sq.ft. retail building located on Spencer Highway in La Porte, TX. It is situated on 0.35 acres and is currently 100% occupied. The location benefits from a daily traffic count of 25,200+ AADT (TxDOT-2023). The property is in close proximity to major thoroughfares such as Beltway 8, Highway 146, and Highway 288. Its location near major retailers including H-E-B, Walmart Supercenter, Starbucks, Chick-fil-a, and ALDI provides exceptional exposure and heavy traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Realty agency Spa & Massage Garden Center Clothing Store Skin Care Clinic Department Store Electrical Service Electronics Store Veterinary Clinic Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Porte
    County
    Harris
    State
    Texas
    Longitude
    -95.0248
    Latitude
    29.65249

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    FAQs

    What type of property is this?
    Retail property - 9,800 SF retail building on Spencer Highway in La Porte.
    Where is this retail property located?
    The property is located at 8380 Spencer Hwy La Porte, TX.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: - 100% Occupied Retail Building: Provides immediate income.; - High Traffic Location: Benefits from 25,200+ AADT, ensuring excellent visibility.; - Proximity to Major Retailers: Located near H-E-B, Walmart, Starbucks, Chick-fil-a, and ALDI.
    (917) 743-6241
    Request Owner's contact information
    8380 Spencer Hwy La Porte, TX
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8380 Spencer Hwy La Porte, TX
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