1600 Louetta RdSpring, TX 77388

Property Details for 1600 Louetta Rd

Year built

2014

Construction

STEEL FRAME

Lot size

1.13 AC

Property size (Sq ft)

9,600 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1320570010003

APU

1320570010003

Description

This exceptional retail property, Pines of Louetta, located at 1600 Louetta Rd in Spring, Texas (Harris County, zip code 77388), offers 10,240 square feet of prime commercial space for lease. The property is currently fully vacant and presents a unique opportunity for multiple tenants or a single large occupant. The building is divided into four suites, providing flexibility for businesses of varying sizes. Individual spaces range from a minimum of 1,565 square feet to a maximum contiguous space of 3,500 square feet, catering to a diverse range of retail needs. The property's location in Spring, Texas, offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. This is a multi-tenant property, perfect for businesses looking to establish a presence in a thriving community. The entire 10,240 square feet is available for lease, allowing for customization and adaptation to suit specific business requirements. Interested parties are encouraged to inquire about lease terms and conditions. The property is situated in Harris County, Texas, providing access to a robust local economy and a large consumer base. This is a rare opportunity to secure a substantial retail space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,879,356

  6.5%

  $3,580,944

  7%

  $3,325,162

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,569,378

  Geo Method

  $7,242,843

• Alternative Use

  Use

  Valuation

  Residential

  $3,020,660

  Hospitality

  $2,766,908

  Educational

  $2,302,035

  Medical

  $2,381,206

  Retail

  $3,580,944

Location Insight

City

Spring

County

Harris

State

Texas

Latitude

30.066

Longitude

-95.4377

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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