Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Laura Koppe Rd Houston, TX 77016

    For Sale
    $799,900

    Five lots with frontage, existing buildings, and income potential.

    Lot size:
    1.65 Acres

    Property Features for Laura Koppe Rd

    General Information

    Lot size
    1.65 Acres

    Source: RE/MAX Southwest Agent K.C. Lam

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

    Overview

    Redevelopment Opportunity with Income Potential

    This property presents a prime investment opportunity for redevelopment or immediate rental income. The site comprises five adjacent lots (Lots 1418) with approximately 325 feet of frontage, including a corner at Lavender Street. The property is strategically located just 0.1 miles from Freeway 59, benefiting from a newly expanded four-lane thoroughfare that enhances visibility and traffic flow. There are two existing buildings on the property: 4609, which has 5,194 square feet, and 4625, which has 3,360 square feet. Building 4609 requires an estimated $40,000 to $50,000 in renovations and was last rented in 2023 for $2,300 per month; the owner is currently seeking a tenant. Building 4625 is currently leased as a convenience store for $2,000 per month. The property is being sold AS-IS, WHERE IS, with no repairs to be made by the seller. Potential uses for the property include a shopping center, self-storage facility, apartment complex, or motel.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Similar Places Nearby

    Wonder Super Market, Sav-Mart Supermarket

    Map

    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.342395
    Latitude
    29.8404

    Nearby Similar for Sale

    • $480,000
      2,236 SF

      Modern Duplex Near Medical Center

      Two-story duplex built in 2020, convenient location, fully equipped.
      6501 Osprey Dr, Houston, TX 77048
      View Details
    • $950,000
      0.60 Acres

      Versatile Office-Warehouse Flex Building

      Office-warehouse flex building on 0.60 acres in a high-visibility location.
      11043 Jones Rd, Houston, TX 77070
      View Details
    • $340,000
      1,883 SF

      Charming Renovated Houston Duplex

      Renovated duplex in Houston, perfect for homeowners or investors.
      2212 Terry St, Houston, TX 77009
      View Details
    • $4,500,000
      13,508 SF

      Houston Retail Property on Interstate

      2.64-acre retail site with showroom, service center, and shop.
      15150 North Fwy, Houston, TX 77090
      View Details
    • $7,500,000
      1.39 Acres

      New Car Wash on Highway

      Newly built car wash on high-traffic Houston corridor for sale.
      3703 Highway 6 S, Houston, TX 77082
      View Details
    • $2,000,000
      16,800 SF

      North Houston Multi-Use Facility

      Two-story, 16,800 SF medical or specialty facility for sale.
      12414 Dawn Rd, Houston, TX 77067
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Five lots with frontage, existing buildings, and income potential.
    Where is this grocery and convenience store located?
    The property is located at Laura Koppe Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity with five adjacent lots and approximately 325 feet of frontage, including a corner lot.; - Strategically located .5 mile from Freeway 59 with increased visibility due to a newly expanded four-lane thoroughfare.; - Two existing functional buildings provide immediate rental income potential.
    (281) 491-1776
    Request Owner's contact information
    Laura Koppe Rd Houston, TX 77016
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Laura Koppe Rd
    Houston, TX 77016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Laura Koppe Rd Houston, TX 77016
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.