1251 M St La Porte, TX 77571
- Retail properties
- 53,000 SF
- 1.98 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1251 M St
- Lot size
- 1.98 lot acres
- Property size
- 53,000 SF
- Property type
- Retail properties
Description
This exceptional retail property, located at 1251 W M St, La Porte, TX 77571, offers 53,000-55,000 square feet across four stories, situated on a 1.98-acre lot. Its prime location in Harris County provides unparalleled access to major economic hubs, including the Bayport Industrial District, Battleground Industrial District, and Barbours Cut Shipping Terminal. The property benefits from its proximity to Highway 146 at Fairmount Parkway, Kemah Boardwalk, and NASA, further enhancing its appeal and accessibility. The surrounding area boasts significant industrial activity, with nearby Exxon and Chevron refineries and the Port of Houston driving substantial demand. This presents a unique investment opportunity in a rapidly expanding market. Houston, the fourth-largest city in the U.S. and the largest in Texas, experienced remarkable growth from 2010-2020, adding approximately 1.28 million residents. This trend is projected to continue, with an anticipated increase of 1.24 million residents by 2029. The city's robust economy, fueled by energy, engineering, health services, and manufacturing, positions this property for significant long-term growth. The Houston-The Woodlands-Sugar Land metropolitan area boasts a substantial GDP, exceeding that of many countries, and houses the second-highest number of Fortune 500 headquarters in the United States. This property's strategic location and the region's economic strength make it an attractive investment prospect for discerning buyers seeking exposure to a dynamic and expanding market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Porte
- County
- Harris
- State
- Texas
- Longitude
- -95.0371
- Latitude
- 29.6483
