5022 Laura Koppe Rd Houston, TX 77016
- Commercial land
- 1.07 lot acres
Current Use by Public Records
- Commercial land
Property Details for 5022 Laura Koppe Rd
- Lot size
- 1.07 lot acres
- Property type
- Commercial land
- APN
- 402510000020
- APU
- 402510000020
Description
This exceptional 1.07-acre commercial land parcel presents a remarkable development opportunity in Houston's revitalizing Trinity Gardens area. Situated at the corner of Laura Koppe Road and Wileyvale Road, this cleared lot enjoys high visibility and accessibility. Laura Koppe Road is a secondary thoroughfare, conveniently located just blocks from Lockwood Drive, another secondary thoroughfare. The property's zoning allows for a variety of development options, including single-family homes (accessed via Wileyvale Road), townhomes, multifamily residences, and commercial ventures. The surrounding area exhibits a strong demand for various amenities, with a notable need for a clinic, grocery store, corner store, and convenience store. This prime location offers significant advantages, including its position outside the 500 and 100-year floodplains, ensuring minimal flood risk. Furthermore, its proximity to major thoroughfares such as I-69, I-610, Hardy Toll Road, and I-45 provides excellent connectivity. The area is experiencing significant growth, evidenced by the numerous newly constructed single-family and multifamily properties nearby. This property is minutes away from Lyndon B. Johnson Hospital, Downtown Houston, East River 9, and the University of Houston, further enhancing its appeal and investment potential. The asking price is $701,500. This is a rare opportunity to capitalize on the burgeoning growth and unmet needs of this thriving community. The property is located in Harris County, Texas, with a zip code of 77016.
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
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3171
- Latitude
- 29.8402
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA