715 Hwy 146th S La Porte, TX 77571-4835
This exceptional 3.44-acre commercial land parcel in La Porte, Texas, presents a prime retail investment opportunity. Located at 715 N Hwy 146, this property boasts 104,000 vehicles per day (VPD) on a highly visible frontage off Fairmont Parkway. The asking price is $1,695,000, translating to a land value of $11.30 per square foot. The site includes a 7,755 square foot former bank building, offering potential for adaptive reuse or demolition. The property is zoned for General Commercial use and features a prominent pylon sign, ensuring high visibility for any business. Access is excellent, and the location is strategically situated near the intersection of Highway 146 and Fairmont Parkway. While situated in a 500-year floodplain, this presents an opportunity for a developer to create a resilient and valuable retail space. The high traffic counts and prominent location make this a compelling investment for developers seeking a high-impact retail presence in a thriving Texas market. The property's size and location offer significant potential for a variety of retail uses. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand area.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.