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Property profile & analytics
OFF-MARKET
Land

10100 Fairmont Pkwy La Porte, TX 77571

Property ID
Property summary
AI-generated overview

This exceptional 12,000 square foot commercial land parcel, located at 10100 W Fairmont Pkwy in La Porte, Texas (zip code 77571), presents a unique investment opportunity. Situated on a hard corner, this fee simple property is zoned for commercial use and is perfectly suited for a quick-service restaurant (QSR), especially those with a double drive-thru configuration. The site boasts off-site detention, eliminating the need for costly on-site infrastructure. Furthermore, the property benefits from its location near major petrochemical plants and enjoys high average household incomes exceeding $90,000 in the surrounding area. The upcoming TX 146 Expansion Project, scheduled for completion in the third quarter of 2024, will significantly enhance visibility and accessibility, further increasing the property's value. Historical traffic counts demonstrate consistent growth, indicating a strong and stable market. This property offers flexibility, with options for sale, ground lease, or build-to-suit arrangements. The seller is open to all offers. This is an exceptional opportunity to capitalize on a thriving market in a prime La Porte location.

Property profile
Verified
Property type Land
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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