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Property profile & analytics
OFF-MARKET
Land

0 Spencer Hwy La Porte, TX 77571

1.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.1-acre commercial land parcel presents a prime development opportunity in the thriving city of La Porte, Texas. Located on Spencer Hwy, this cleared lot boasts a highly visible hard corner location, offering unparalleled exposure to significant daily traffic counts. Its strategic proximity to the La Porte Municipal Airport further enhances its appeal and accessibility. Utilities are conveniently available on-site, simplifying the development process and minimizing upfront costs. The property is ready for immediate development, making it an attractive investment for a variety of commercial ventures. Given its location and size, this site is ideally suited for a fast-food restaurant, car wash, or a multi-tenant retail complex. The strong and growing demographics of the area ensure a robust customer base for any commercial enterprise established on this property. The asking price for this exceptional opportunity is $770,000. This is a rare chance to acquire a well-positioned commercial lot in a rapidly developing area of Texas, offering significant potential for substantial return on investment. The property's zip code is 77571.

Property profile
Verified
Property type Land
Lot 1.1 ac (47,916 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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