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Property profile & analytics
FOR SALE
Grocery and convenience stores

5306 Louetta Rd Spring, TX 77379

7,646 SF 0.99 ac lot Built 2000
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US82-3469700
Property summary
AI-generated overview

This exceptional 5,100 square foot freestanding retail property is ideally situated at the Northwest corner of Louetta Road and Klein Church Road in Spring, Texas, zip code 77379. The property boasts a high-visibility location at a lighted intersection, ensuring maximum exposure for your business. The building sits on approximately one acre of land, offering ample space and potential for expansion or modification. Currently configured as a single-tenant space, this second-generation retail building is adaptable and presents a unique opportunity. The seller is willing to subdivide the space to accommodate multiple tenants, providing flexibility for various business needs. All utilities are conveniently located on-site. For added convenience, the existing underground tanks and canopy will be removed prior to sale, eliminating potential environmental concerns and allowing for a fresh start. This property is perfect for a variety of retail uses and represents a compelling investment opportunity in a thriving Spring, Texas market. The property's address is 5306 Louetta Road.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 2000
Construction STEEL FRAME
Total area 7,646 SF
Lot 0.99 ac (43,307 SF)
APN 461520000040
UPID US82-3469700
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
  • Chevron Gas Station
  • ATM (ATM Link, Inc.) Atm
  • EL SENOR TACO (Food Truck) Restaurant
  • Easy Lane Food Mart #7 Grocery & Convenience Store
  • Amazon Hub Locker - Merge Marketing & Advertising IT Consulting Firm
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
Momin Properties INC · 6 yrs held
Momin Properties INC
since 2020
3 recorded transactions
2020
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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