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Property profile & analytics
OFF-MARKET
Mixed-use properties

0 Spencer Hwy La Porte, TX 77571

3.17 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.17-acre commercial and industrial land parcel is strategically located on Spencer Highway in La Porte, Texas, offering significant development potential. Priced at $897,533.80 ($6.50/sq ft), this property boasts high visibility and density, making it ideal for retail or medical uses. The site is conveniently situated one mile west of Highway 146, and in close proximity to the future Grand Parkway, ensuring excellent accessibility. Adding to its appeal, La Porte Municipal Airport is only a quarter-mile away. This location benefits from its adjacency to Beazer Homes' Morgan's Landing development, a substantial residential community currently in lot delivery, projected to encompass 645 lots upon completion. Further enhancing the area's growth, a multi-family development is nearing completion at Bay Area Boulevard and Spencer Highway. The property is situated within a Tax Increment Reinvestment Zone (TIRZ), offering potential tax advantages. The APN is 0231300000061. This is a rare opportunity to acquire a prime commercial tract in a rapidly developing area of Harris County, Texas, zip code 77571.

Property profile
Verified
Property type Mixed-use properties
Lot 3.17 ac (138,085 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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