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Property profile & analytics
OFF-MARKET
Strip malls
5020 Louetta Rd, Spring, TX 77379-8120
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0308035
Property summary
AI-generated overview
This exceptional 10,230 square foot retail property, located at 5020 Louetta Rd in Spring, Texas, presents a unique leasing opportunity. Built in 2000, this single-story Class B building sits on a 27,775 square foot lot in Harris County (APN: 1163090000002) and offers multiple tenancy options. Currently, 5,141 square feet are vacant, divisible into spaces ranging from 1,600 to a maximum contiguous 1,835 square feet. The property's strategic location provides high visibility and easy access to major thoroughfares, making it ideal for a variety of retail businesses. Existing infrastructure, including fixtures and fittings, offers significant potential for a quick and efficient setup. This is a second-generation space ready for immediate occupancy. The property's convenient location in Spring, TX 77379, combined with its versatile layout and ample square footage, makes it an attractive option for businesses seeking a strong retail presence in a thriving community. Contact us today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
CONCRETE BLOCKS
Total area
11,338 SF
Lot
0.62 ac (27,212 SF)
APN
1163090000002
UPID
US82-0308035
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
Current use
Occupant on record · Public records
-
J&A MASSAGE Alternative Medicine Practice Spa & Massage Center
-
Eyano's Braids and Extensions Hair Salon
-
AKS Insurance & Taxes Insurance Agency
-
Our Pharmacy Llc Pharmacy
-
Our Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Super Kj Prop Mgmt Svcs LLC · 10 yrs held
Super Kj Prop Mgmt Svcs LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$25,453
Tax year 2022
Assessed value
$1,430,266
Assessed 2024
Previous assessed
$1,454,829
-1.7% YoY
Effective rate
1.78%
On assessed value
Assessed land
$544,240
Assessed improvement
$886,026
Land market value
$544,240
Improvement market value
$886,026
Total market value
$1,430,266
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
11,338 SF
Lot
0.62 ac (27,212 SF)
APN
1163090000002
UPID
US82-0308035
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Super Kj Prop Mgmt Svcs LLC
Entity
Mailing address
431 LAKESIDE BLVD, SUGAR LAND, TX 77478-3961
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2015
—
Super Kj Prop Mgmt Svcs LLC
Jcl Texas Property LLC
Warranty Deed
$775,000 · Wilshire Bk
Oct 17, 2013
—
Jcl Texas Property LLC
Pj Houston Retail Fund No 1 LP
Grant Deed
$669,200 · American First National Bank
Jul 2, 2009
—
Houston Retail Fund No 1 Pj
—
Deed Of Trust
related
$1,092,000 · Frost National Bank
Feb 16, 2004
—
Pj Houston Retail Fund 1 LP
Carrot Louetta Corner Ltd
Grant Deed
related
$910,000 · Frost National Bank
Jun 12, 1998
—
Carrot Street Center Ltd
Texas Properties 1994-n1 LP
Grant Deed
$933,868 · Klein Bank
—
—
Carrot Louetta Corner Ltd
—
Deed Of Trust
related
$600,000 · Stancorp Mortgage Investors
—
—
Houston Retail Fund No 1 Pj
—
Deed Of Trust
related
$955,668 · Frost National Bank
—
—
Houston Retail Fund No 1 Pj
—
Deed Of Trust
related
$796,443 · Frost National Bank
—
—
Pj Houston Retail Fund No 1 LP
—
Deed Of Trust
related
$818,772 · Frost National Bank
—
—
Super Kj Prop Mgmt Svcs LLC
—
Deed Of Trust
related
$1,340,000 · Wilshire Bk
—
—
Pj Houston Retail Fund 1 LP
—
Deed Of Trust
related
$708,125 · Frost National Bank
—
—
Pj Houston Retail Fund No 1 LP
—
Loan Modification
related
$639,702 · Frost Bank
—
—
Pj Houston Retail Fund 1 LP
—
Deed Of Trust
related
$675,020 · Frost National Bank
—
—
Houston Retail Fund No 1 Pj
—
Deed Of Trust
related
$792,710 · Frost National Bank
—
—
Pj Houston Retail Fund No 1 LP
—
Deed Of Trust
related
$857,777 · Frost National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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