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3981-3989 Underwood Rd
La Porte, TX 77571
Retail Property For Sale
PROPERTY FACTS
ABOUT 3981-3989 UNDERWOOD RD , LA PORTE, TX 77571
This is an excellent redevelopment opportunity in the La Porte market place. The owners purchased this building a little over a year ago with plan to convert the use to a daycare. However, they had a hard time configuring the building and play ground, etc. There has been a lot of interest to lease the building since 03/01/2019 and one tenant has already agreed to a 5 year lease. Higher lease rates would be possible if an investor were to renovated the building and pop up the facia for better tenant signage. The remaining retail spaces would need to partially or full demolished and reconfigure for a new tenant. Sales price is negotiable. Land across the street has been cleared for development. Now is the right time to make an offer.
PROPERTY TAXES
| Parcel Number | 0431480000265 | Improvements Assessment | $870,738 |
| Land Assessment | $120,000 | Total Assessment | $990,738 |
PROPERTY TAXES
