4625 Laura Koppe Road

Houston, TX 77016

About this property

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.

About this property

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.

Features and Additional Information

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$329,900 Active
0 sqft

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Area Information

2 | Harris County | Buckingham Place Sec 01

$ 329,900
This listing is play_arrow 29.4% higher than the average in the area
$ 255,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
156 days on site
This listing is play_arrow 64.2% below the average in the area
436 days on site in the area

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Listed By K.C. Lam
Brokerage: RE/MAX Southwest

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