Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5306 Louetta Rd Spring, TX 77379

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    5,100 SF Retail Space - NNN Lease

    Property size:
    5,100 SF

    Property Features for 5306 Louetta Rd

    General Information

    Property type
    Retail properties & Spaces
    Square Feet
    5,100 SF
    Lot Size
    43,560 SF

    We can help!

    Listing Contact
    Todd N. Edmonds
    Todd N. Edmonds

    Listing Agency: Edmonds & Company Real Estate, LLC Listing Agent: Todd N. Edmonds

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 5,100 square foot retail space is situated at the northwest corner of Louetta Road and Klein Church Road in Spring, Texas, 77379. The property boasts a high-visibility location at a lighted intersection, offering excellent exposure to a substantial volume of traffic. This is a second-generation retail space situated on approximately one acre of land, presenting a unique opportunity for a variety of retail uses. The building is currently configured as multi-tenant, but the owner is willing to subdivide the space to accommodate individual tenant needs. All utilities are conveniently located on-site. Furthermore, the property is undergoing improvements, with the removal of existing underground tanks and a canopy scheduled for completion. This prime location in Harris County offers a compelling investment opportunity for businesses seeking high visibility and convenient access. The Net Net Net (NNN) lease structure provides flexibility and cost-effectiveness for tenants. Don't miss this chance to secure a prominent retail presence in a thriving Spring, Texas market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chevron Gas Station ATM (ATM Link, ... Atm EL SENOR TACO ... Restaurant Easy Lane Food ... Grocery & Convenience Store Amazon Hub Locker ... Marketing & Advertising

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.4965234
    Latitude
    30.0363707

    Nearby Similar for Sale

    • $2,300,000

      Live/Work Location in The Woodlands

      Office building and warehouse on 5.5 unrestricted acres.
      1231 Pruitt Rd, Spring, TX 77380
      View Details
    • $2,590,000
      6,300 SF

      Two Single-Story Office Buildings

      Two office buildings with tenants in place through November 2028.
      1824 Sawdust Rd, Spring, TX 77380
      View Details
    • Contact for pricing

      Class A Office Building in Spring

      Four-story, 250,000 SF Class A office building for sale.
      25700 Interstate 45, Spring, TX 77386
      View Details
    • $770,000

      Four-Unit Property in Bridgestone Crossing

      Modern four-unit property built in 2019, fully occupied.
      21155 Gosling Rd, Spring, TX 77388
      View Details
    • $739,900

      Upgraded Fourplex Near H.E.B.

      Four 3-bedroom units with upgrades in high-growth area.
      21155 Gosling Rd, Spring, TX 77388
      View Details
    • $799,000

      Fully Leased Fourplex in Spring

      Fourplex built in 2019, fully leased, immediate cash flow.
      21155 Gosling Rd, Spring, TX 77388
      View Details
    • $2,300,000
      8,640 SF

      Live/Work Space Near The Woodlands

      Two-story office building and warehouse on 5.5 unrestricted acres.
      1231 Pruitt Rd, Spring, TX 77380
      View Details
    • $1,300,000
      2,812 SF

      Versatile Commercial Property in Spring, TX

      Unrestricted property suitable for office, medical, or service-based businesses.
      17427 W Strack Dr, Spring, TX 77379
      View Details
    • $975,000
      3,120 SF

      Versatile Building on Expansive Land

      3,120 SF building on 4.86 acres with expansion potential.
      00 Fritz Ln, Spring, TX 77389
      View Details
    • $950,000
      4,800 SF

      Commercial Building Near I-45

      4,800 SF commercial building in Spring, TX for sale.
      1010 Rayford Rd, Spring, TX 77386
      View Details
    • Contact for pricing
      12,331 SF

      Renovated Retail Center I-45 Frontage

      Newly renovated retail center with great I-45 visibility.
      25770 Interstate 45 North, Spring, TX 77386
      View Details
    • Contact for pricing

      Class A Office Space Available

      Office space in The Woodlands, a master-planned community.
      9595 Six Pines Dr, Spring, TX 77380
      View Details

    FAQs

    What type of property is this?
    Retail property - 5,100 SF Retail Space - NNN Lease
    Where is this retail property located?
    The property is located at 5306 Louetta Rd Spring, TX.
    What are key features of this property?
    This property features: High-profile location at the Northwest corner of Louetta and Klein Church Roads.; High-visibility site at a signalized intersection.; 5,100 square foot building.
    (281) 893-4000 Call to check price and availability
    Request Owner's contact information
    5306 Louetta Rd Spring, TX 77379
    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.
    5306 Louetta Rd
    Spring, TX 77379
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    5306 Louetta Rd Spring, TX 77379
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Todd N. Edmonds
    Todd N. Edmonds
    Real Estate License ID: 397499
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!