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    4690 Louetta Rd Spring, TX 77388-4417

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    4690 Louetta Rd Spring, TX 77388-4417


    • Strip malls
    • 24,389 SF
    • 5.80 lot acres
    Off-Market
    Last Sale Aug 15, 2024
    Property ID
    US82-3988566
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $765,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tuesday Morning / Home Decor Store / Department Store
    • Corum Station Shopping Center / Business Service Center / Corporate Office
    • Spring AC / Home Help
    • VCA Spring Branch Animal Hospital / Department Store

    Property Details for 4690 Louetta Rd

    Year built
    1995
    Construction
    STEEL FRAME
    Lot size
    5.80 lot acres
    Property size
    24,389 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    1163940000007
    APU
    1163940000007

    Description

    Corum Station Shopping Center presents a unique investment opportunity in the thriving Spring-Klein submarket of Texas. This Class B property boasts a total of 141,899 square feet across four single-story buildings situated on a substantial 17.5-acre lot (762,300 square feet). The center features a diverse mix of retail, office, and restaurant spaces, with multiple tenancy options available. Currently, there are 28 suites in total, with 69,483 square feet of vacant space ready for immediate occupancy. Units range from a minimum of 845 square feet to a maximum contiguous space of 26,152 square feet, providing flexibility for a variety of businesses. The property enjoys high visibility with 1412 feet of frontage along Louetta Road and a convenient cross street at Kuykendahl. Its strategic location within the Spring-Klein trade area offers excellent access to a large customer base. The property includes anchor spaces, pad sites, and smaller tenant spaces, catering to a wide range of business needs. The zoning is currently unlisted (NA). This is an exceptional opportunity to acquire a well-positioned retail and office center with significant upside potential in a rapidly growing area. The property's size and layout offer considerable flexibility for redevelopment or expansion. Contact us today to learn more about this exceptional investment opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $885,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $642,000
      Market price range: $636k - $1.08M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $840,000
      Current use
      WAREHOUSE, STORAGE
      $1,180,000
      Change: +41% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Harris
    State
    Texas
    Longitude
    -95.4865
    Latitude
    30.043
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $53,663
    $2,788,416
    $314,882
    $3,103,298
    -
    $2,788,416
    $314,882
    $3,103,298
    More about this property
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