5265 Louetta RdSpring, TX 77379

Property Details for 5265 Louetta Rd

Year built

2006

Construction

BRICK

Lot size

1.25 AC

Property size (Sq ft)

5,176 SF

Property type

Medical offices

Property subtype

Medical centers

APN

420860000452

APU

420860000452

Description

This exceptional 5,000 square foot Class B medical office building in Spring, Texas, is offered at $1,700,000. The property boasts 135 feet of frontage on Louetta Road, a high-traffic area with 40,009 vehicles per day. Currently, 2,000 square feet are leased with a lease expiring September 30, 2025, providing immediate income potential. The remaining 3,000 square feet offers flexibility for an owner-user or additional leasing opportunities. A short-term leaseback is required to facilitate the current owner's relocation. Conveniently located near the intersection of Klein Church Road and Louetta Road, between Kuykendahl Road and TC Jester, this property benefits from its position in Harris County, within the Klein Independent School District and the Houston extraterritorial jurisdiction. On-site detention and utilities accessed via Louetta Road add to the property's value. This is a rare opportunity to acquire a well-situated medical office building in a thriving area. The property consists of two units.

• CAP approach

  CAP return

  Valuation

  6%

  $1,422,870

  6.5%

  $1,313,419

  7%

  $1,219,603

• Comparable approach

  Method

  Valuation

  Relative Method

  $977,641

  Geo Method

  $1,549,643

• Alternative Use

  Use

  Valuation

  Residential

  $1,628,639

  Hospitality

  $1,491,825

  Educational

  $1,241,181

  Medical

  $1,283,867

  Retail

  $1,930,726

Location Insight

City

Spring

County

Harris

State

Texas

Latitude

30.0364

Longitude

-95.4944

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].