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Louetta Rd 1 Acre of Commercial Land Offered at $827,000 in Houston, TX 77070

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INVESTMENT HIGHLIGHTS

  • Great retail configuration
  • Stablized and new growth area
  • Major thoroughfare
  • Close major base economic employer

EXECUTIVE SUMMARY

Great retail tract to be subdivied with approx. 1,000 feet of road frontage with shallow depth on a major thoroughfare. Great for restaurant, office building, assisted living or other uses needing high traffic count retail type exposure. Property is in the Cypress Forest M.U.D.
Approx. 1.5 miles east of SH 249 fronting the south line of Louetta Road. 1.5 miles from Hewlett Packard and Noble energy campus. Great social economic area with mean income of Approx. $110,000.00 per year. Continued new single family, multi-family and retail development in the immediate area.

ATTACHMENTS

2018 IBS form

PROPERTY FACTS

Price $827,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Carwash
  • Drugstore
  • Fast Food
  • General Freestanding
  • Restaurant
Total Lot Size 1.00 AC
Zoning None

1 LOT AVAILABLE

Lot Champions

Price $827,000
Price Per AC $827,000.00
Lot Size 1.00 AC

Total tract is approximately 6 acres and Seller will subdivide. Property has water and sewer from the Cypress Forest M.U.D. and will require on site detention pond.

DESCRIPTION

Property is located fronting a major thoroughfare in high income area. Great frontage to depth ratio available depending on size of tract.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0440420000510
Land Assessment
$1,926,155
Improvements Assessment
$0
Total Assessment
$1,926,155
  • Listing ID: 6480383

  • Date on Market: 7/24/2007

  • Last Updated:

  • Address: Louetta Rd, Houston, TX 77070

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