10 Acres On Spencer Hwy La Porte, TX 77571
This exceptional 10-acre commercial and residential land parcel presents a remarkable investment opportunity in La Porte, Texas. Located on Spencer Highway, this property boasts 490 feet of highway frontage, ensuring high visibility and accessibility. The R-3 zoning allows for high-density residential development, making it ideal for multifamily projects. With over 17,000 cars passing daily, this location offers unparalleled exposure. The property's dimensions are well-suited for large-scale development, and its proximity to San Jacinto College and the Houston Area Safety Council adds to its appeal. Furthermore, its advantageous location near the Beezer Homes Morgan's Landing master-planned community and convenient access to Highway 146 and the intersection of Spencer Highway and Bay Area Boulevard provide excellent connectivity. The asking price is $3,294,000. This prime piece of land in Harris County, Texas, zip code 77571, presents a unique chance to capitalize on the growing La Porte market. Detailed surveys and site plans are available upon request. Don't miss this chance to acquire a significant tract of land with exceptional development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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