1021 Lake Olympia PkwyMissouri City, TX 77489

For Lease
$32/SF/YR View listing
  • Commercial land
  • 4.07 AC

Property Details for 1021 Lake Olympia Pkwy

Lot size
4.07 AC
Property type
Commercial land
APN
0313-00-000-0195-907
APU
313000000195907

Description

This exceptional retail strip center, the Commons at Lake Olympia, boasts a prime location at 1021 Lake Olympia Pkwy in Missouri City, Texas, within the thriving Fort Bend County. The property offers a total of 17,357 square feet of retail space, currently featuring 13,540 square feet available for lease. This presents a unique opportunity for businesses seeking high-visibility locations in a busy commercial area. The available spaces range in size from a comfortable 1,000 square feet to a more expansive 2,155 square feet, providing flexibility for various retail concepts. The property's "Commons at Lake Olympia" designation suggests a well-established and potentially desirable location within a larger development. The property's address is easily accessible, situated in Missouri City, Texas, zip code 77489, offering convenient access for both customers and employees. The multiple tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and attractive shopping environment. This presents a compelling investment opportunity for businesses looking to establish or expand their presence in a dynamic and growing market. The significant amount of vacant space provides ample room for growth and customization to suit individual business needs. Further details regarding lease terms and conditions are available upon request. This property is categorized as a retail strip center, indicating a design optimized for ease of access and visibility for potential customers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $41,590,644
    Hospitality
    $38,096,804
    Educational
    $31,696,094
    Medical
    $32,786,172
    Retail
    $49,305,036
1021 Lake Olympia Pkwy, Missouri City, Texas

Location Insight

City
Missouri City
County
Fort Bend
State
Texas
Latitude
29.5553
Longitude
-95.5132
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$832,580
-
$832,580
-
$832,580
-
$832,580

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