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Property profile & analytics
FOR LEASE
Medical Office Space

8411 Louetta Rd Spring, TX 77379

3,328 SF 0.35 ac lot Built 2021
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US82-2290301
Property summary
AI-generated overview

This exceptional retail investment opportunity encompasses three separate pads totaling 12,879 square feet situated on a 12,879 square foot lot in Spring, Texas, within Harris County. The property is conveniently located in a high-traffic area off the southeast side of Louetta Road and Champion Forest Drive, offering excellent visibility and accessibility. Individual pad sizes range from a minimum of 3,366 square feet to a maximum of 6,141 square feet, providing flexibility for various retail concepts. Currently, all 12,879 square feet are vacant, presenting a unique chance to lease to multiple tenants or develop a single, larger space. The property's strategic location offers easy access to major thoroughfares, placing it within 28 miles of Downtown Houston, 15 miles of The Woodlands, and 10 miles of Tomball, ensuring a substantial customer base. The rental rate is negotiable, making this an attractive proposition for investors seeking a prime retail location in a thriving area. The property is zoned for retail use and is ready for immediate occupancy. This is an excellent opportunity to establish a strong retail presence in a high-growth market. The address is 8411 Louetta Rd, Spring, TX 77379. Specific pad sizes are: 8411 Louetta Rd (3,366 sq ft), 8427 Louetta Rd (3,372 sq ft), and 8435 Louetta Rd (6,141 sq ft).

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2021
Construction METAL FRAME
Total area 3,328 SF
Lot 0.35 ac (15,163 SF)
APN 1304350000004
UPID US82-2290301
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
  • Sim Family Clinic Medical Clinic
  • Chen William MD Pediatrician Physician
  • Dr. Alex Chen Pediatrician Physician
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
Crk Properties INC · 15 yrs held
Crk Properties INC
since 2010
5 recorded transactions
2018
Price N/A
2016
Price N/A
2010
$896,000
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?”
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