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    Laura Koppe Rd Houston, TX 77016

    For Sale
    $799,900

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

    Lot size:
    1.65 Acres

    Property Features for Laura Koppe Rd

    General Information

    Standard status
    Active
    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 an investment opportunity for redevelopment or immediate rental income. The site comprises five adjacent lots, identified as Lots 14 through 18, featuring approximately 325 feet of frontage, including a corner at Lavender Street. The location is situated approximately one-half mile 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. The building at 4609 has 5,194 square feet and requires an estimated $40,000 to $50,000 in renovations. It was last rented in 2023 for $2,300 per month and is currently seeking a tenant. The building at 4625 has 3,360 square feet and is currently leased as a convenience store for $2,000 per month. The property is being sold in its current condition, 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

    Jensen Square

    Map

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

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    FAQs

    What type of property is this?
    Shopping center - Five lots with frontage, existing buildings, and redevelopment potential.
    Where is this shopping center 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 325 feet of frontage, including a corner lot, across five adjacent lots.; - Strategic location ½ mile from Freeway 59 with increased visibility.; - Immediate rental income potential from two existing buildings, one leased as a convenience store for $2,000/month.
    (281) 491-1776
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    Laura Koppe Rd Houston, TX 77016
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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
    Laura Koppe Rd Houston, TX 77016
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