Laura Koppe Rd Houston, TX 77016
Five lots with frontage, existing buildings, and redevelopment potential.
Lot size:
1.65 AcresProperty Features for Laura Koppe Rd
General Information
- Standard status
- Active
- Lot size
- 1.65 Acres
Source:
Corcoran
Listing 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
Nearby Similar for Sale
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.