Property profile

16111 Porter Ln Porter, TX 77365

OFF-MARKET
Retirement homes
21,556 SF 16.62 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity in Porter, Texas! This 16.62-acre property at 16111 Porter Ln, 77365, boasts seven buildings totaling 21,556 square feet. The versatile property includes a mix of residential and office spaces, presenting diverse development possibilities. Imagine transforming this site into a thriving commercial office complex or specialized housing units. The location offers easy access to major highways, providing convenient commutes to Valley Ranch Town Center and Houston's Central Business District. The strong surrounding demographics, with a population of 42,939 and an average household income of $80,005 within a 5-mile radius, further enhance the property's commercial viability. Existing features include converted residential buildings, a pond, fenced yards, and proximity to essential amenities. This property is ready for your vision. Asking price: $4,985,300. Montgomery County location.

Property profile

Verified
Property type Retirement homes
Total area 21,556 SF
Lot 16.62 ac (723,967 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor

Location

16111 Porter Ln Porter, TX 77365
Porter metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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