1105 Hwy 146th S La Porte, TX 77571-6119
This exceptional commercial land offering encompasses two parcels totaling 2.99 acres, strategically located at the highly visible, signalized intersection of State Highway 146 and West Fairmont Parkway in La Porte, Texas. The property boasts approximately 439 feet of frontage on State Highway 146 and 296 feet on Fairmont Parkway, placing it within the city's dominant retail hub. Currently, a month-to-month tenant, Baytown Seafood, occupies a portion of the site. The owner, who also operates the adjacent La Quinta Inn, is open to demolishing existing structures to accommodate pad site development. The seller will consider subdividing the larger parcel to facilitate either a sale or ground lease of individual parcels or the entire property. This prime location benefits from proximity to major retailers including McDonald's, Kroger, Burger King, Jack in the Box, Subway, and Taco Bell. Its advantageous position near Galveston Bay, with its strong economic ties to the Port of Houston, further enhances its value. The property's convenient location, just 30 minutes from Houston's downtown district and 18 miles from William P. Hobby International Airport, makes it an attractive investment opportunity. The APN numbers are 0241840000001 and 0241840000002. This is a rare opportunity to acquire a significant commercial land parcel in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
Costs & Benchmarks
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Risks
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