0 Spencer Hwy La Porte, TX 77571
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.