903 8Th StLa Porte, TX 77571

Property Details for 903 8Th St

Year built

1972

Construction

STEEL FRAME

Lot size

0.29 AC

Property size (Sq ft)

5,878 SF

Property type

Office buildings

APN

232490640005

APU

232490640005

Description

This 6,000-square-foot, single-story office building in La Porte, Texas, is available for $930,000. Built in 1972 and extensively renovated in 2019, this Class B property sits on a 1.29-acre lot and offers 20 parking spaces. Currently vacant, it presents a unique owner-user opportunity. The building is strategically located just one block east of Highway 146, offering easy access to Fairmont Parkway and major Gulf Coast industries. Its proximity to the Houston Ship Channel places it within minutes of Exxon, Mobil, Shell, Phillips 66, Pemex, Air Liquide, and Chevron. The interior was renovated in 2019, providing a modern workspace. The property's address is 903 S 8th St, La Porte, TX 77571, and its APN is 0232490640005, 02349064008. This is an ideal location for businesses seeking proximity to the region's significant industrial activity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,203,824

  6.5%

  $1,111,222

  7%

  $1,031,849

• Comparable approach

  Method

  Valuation

  Relative Method

  $868,823

  Geo Method

  $1,759,814

• Alternative Use

  Use

  Valuation

  Residential

  $1,377,916

  Hospitality

  $1,262,163

  Educational

  $1,050,105

  Medical

  $1,086,220

  Retail

  $1,633,497

Location Insight

City

La Porte

County

Harris

State

Texas

Latitude

29.6545

Longitude

-95.0271

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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