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    5707 Rhetta Ln Spring, TX 77389

    Sponsored
    For Sale
    $475,000

    Prime Spring, TX Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 117,612 sq ft unrestricted corner lot in Spring, Texas, is located at the high-traffic intersection of Grand Parkway 99 and Gosling Road. The property's prime location offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial uses, including retail, office, or mixed-use development. Its strategic position within a rapidly expanding area ensures significant long-term value and investment potential. The lot boasts excellent sightlines and access, benefiting from continuous traffic flow and exposure to thousands of daily commuters and residents. This versatile property presents a unique opportunity to build a customized development to suit specific business needs or attract high-profile tenants. The asking price is $475,000, and the property's APN is 1151690000003. The address is 5707 Rhetta Ln, Spring, TX 77389, in Harris County. This is a truly remarkable opportunity to capitalize on the growth and potential of this thriving area.

    Property Features for 5707 Rhetta Ln

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail 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
    -95.5064298
    Latitude
    30.0935785

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    FAQs

    What type of property is this?
    Land - Prime Spring, TX Commercial Land
    Where is this land located?
    The property is located at 5707 Rhetta Ln Spring, TX.
    What is the asking price?
    The asking price for this property is $475,000.
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    5707 Rhetta Ln Spring, TX 77389
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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
    5707 Rhetta Ln Spring, TX 77389
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