4625 Laura Koppe Road,Houston, TX 77016
Houston, TX 77016
Description
Prime investment opportunity for redevelopment or immediate rental income. This property consists of five adjacent lots (Lots 14-18) with approximately 325 feet of frontage, including a corner at Lavender Street. Strategically located just ½ mile from Freeway 59, the site benefits from a newly expanded four-lane thoroughfare, increasing visibility and traffic flow. Two existing buildings4609 (5,194 SF) and 4625 (3,360 SF)are functional. 4609 needs $40K-$50K in renovations (last rented in 2023 for $2,300/month and currently seeking tenant), while 4625 is leased as a convenience store for $2,000/month. Owner is over 70 and ready to sell. Ideal for developers considering a shopping center, self-storage, apartment complex, or motel. Property is being sold AS-IS, WHERE ISno repairs will be made by seller. Strong future potential with income now and long-term upside.
Details
| MLS # | 34347426 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 159 |
| Listing Provided By | RE/MAX Southwest | K.C. Lam |
Features
| Acreage | 0.34 |
|---|
Exterior
| Lot Features | Cleared, Corner Lot, Split Possible |
|---|
Taxes
| Tax Annual Amount | 1962 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77016 |
| Area | 2 |
| Subarea | Northside |
| Community Name | Buckingham Place Sec 01 |
| Listing VS Median (in Buckingham Place Sec 01) | |
Price: $329,900 low | high Med: $255,000 On site: 159 low | high Med: 439 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77016 |
| Area | 2 |
| Subarea | Northside |
| Community Name | Buckingham Place Sec 01 |
| Listing VS Median (in Buckingham Place Sec 01) | |
Price: $329,900 low | high Med: $255,000 On site: 159 low | high Med: 439 | |
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