8411 Louetta RdSpring, TX 77379

Property Details for 8411 Louetta Rd

Year built

2021

Construction

METAL FRAME

Lot size

0.35 AC

Property size (Sq ft)

3,328 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

1304350000004

APU

1304350000004

Description

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).

• CAP approach

  CAP return

  Valuation

  6%

  $914,859

  6.5%

  $844,486

  7%

  $784,165

• Comparable approach

  Method

  Valuation

  Relative Method

  $628,592

  Geo Method

  $996,370

• Alternative Use

  Use

  Valuation

  Residential

  $1,047,162

  Hospitality

  $959,195

  Educational

  $798,039

  Medical

  $825,485

  Retail

  $1,241,394

Location Insight

City

Spring

County

Harris

State

Texas

Latitude

30.0113

Longitude

-95.5402

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].