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    2303 Louetta Rd Spring, TX 77388

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    For Sale
    Contact for pricing

    ±4.5 Acres, Unrestricted, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This ±4.5-acre unrestricted commercial land parcel presents a unique investment opportunity in Spring, Texas. Located at 2303 Louetta Road, Harris County, 77388, this property boasts approximately 398 feet of frontage on Louetta Road, a major thoroughfare with a 2021 Annual Average Daily Traffic (AADT) count of 35,023 vehicles. Its strategic location is less than 1.5 miles west of I-45, providing excellent accessibility and visibility. The property's zoning allows for a variety of uses, including mini-storage facilities, retail establishments, multi-family developments, and light industrial projects, offering considerable flexibility for potential buyers. Importantly, this land is situated outside the floodplain, mitigating potential flood-related risks. The 2022 tax rate is $1.99 per $100 of assessed value. This prime location and versatile zoning make this property an attractive prospect for developers and investors seeking a high-traffic, unrestricted land parcel in a rapidly growing area of Spring, Texas. The property's size and location offer significant potential for substantial returns on investment.

    Property Features for 2303 Louetta Rd

    General Information

    Property type
    Land

    HighLights

    • ±4.5‑acre unrestricted land parcel.
    • ±398 feet of frontage on Louetta Road.
    • Suitable for mini‑storage, retail, multi‑family, or light industrial development.
    • Louetta Road boasts a 2021 AADT of 35,023 vehicles.
    • Property is outside the floodplain.
    • 2022 tax rate: $1.99 per $100 of assessed value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eubank Trailer Storage Rv Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.452147397923
    Latitude
    30.060422546441

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    FAQs

    What type of property is this?
    Land - ±4.5 Acres, Unrestricted, High Traffic
    Where is this land located?
    The property is located at 2303 Louetta Rd Spring, TX.
    What are key features of this property?
    This property features: ±4.5-acre unrestricted land parcel.; ±398 feet of frontage on Louetta Road.; Suitable for mini-storage, retail, multi-family, or light industrial development.
    Request Owner's contact information
    2303 Louetta Rd Spring, TX 77388
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    Spring, TX 77388
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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
    2303 Louetta Rd Spring, TX 77388
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