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2102 FM 2920 Rd - 6.6 AC in Spring Texas

6.6 Acres of Commercial Land Offered at $3,867,600 CAD in Spring, TX 77388

Investment Highlights

  • Seller financing available.
  • Utilities in place
  • Plans and designs reeady
  • Title commitment ready

Executive Summary

UTILITIES READY. ENGINEERING PLANS READY. SELLER FINANCING AVAILABLE -CONTACT BROKER FOR DETAILS (20% DOWN).
Attention Developers! Amazing chance to own a sprawling 6.6-acre site with utilities in a prime location near Woodlands & Exxon Campus Spring campus on Farm to Market road. Property conveniently near HEB, ALDI, UPS, Wells Fargo & restaurants. Ideal for office condominium or townhome community, mixed-use, or class A multi-family development. Easy access to 45 & highway 99 for commuters. Survey in agent docs. No current HOA, allowing for developer freedom. Rare opportunity for prime location land ready for development. Act now and make your mark!

Property Facts

Price $3,867,600 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Apartment Units - Condo
  • Healthcare
  • Medical
  • Office Park
  • Single Family Development
  • Amusement Park
  • Single Family Residence
Total Lot Size 6.60 AC

1 Lot Available

Lot

Price $3,867,600 CAD
Price Per AC $586,000 CAD
Lot Size 6.60 AC

6.6AC divided in 77parcels, water and sewer ready, no HOA. 2 buildings on the survey excluded. More info on google drive : https://drive.google.com/drive/folders/1s2P_1OGHseETWAaZcBIbmq_Rm5et4Cqk?usp=drive_link

Description

Huge 6 acre tract in prime location close to the Woodlands and Exxon Campus Spring campus on Farm to Market road with HEB, ALDI, UPS store, Ferguson's and several restaurants all within 1 block. This community has plans to be developed as a office condominium community, but can also serve as an excellent location for a town home community, mixed use (eg. gas station/shopping strip plus multi family) or class A multi family development. Easy access to 45 and highway 99. Schematics for options for a town home community and survey are attached in agent docs. No HOA at the moment , developer can establish his own. There's Never Been a Better Time to Invest in Houston! ? Spring Municipal Utility District | shovel ready ? Possibility to establish HOA for the site (no HOA at the moment) ? Houston is one of the fastest growing cities in the US ? 30 million people projected in the Texas triangle by 2025 ? Houston No.1 City for job creator ? Real Estate Market projected to keep going up another 2.9% in 2022 ? Median rent rates $1,446 / month and increasing ? According to the Bloomberg report on Houston Real Estate Market – “Far from declining, the Houston home prices and rents are expected to rise given the sudden housing shortage. Out-of-state investors have even started to swoop in to acquire damaged homes to repair and sell or rent.” ? Home to the Texas Medical Center, the largest medical center in the world, with a local economic impact of $10 billion ? Home to more than 5,000 energy related firms 23 Fortune 500 companies SEE ATTACHMENTS. Watch video: https://youtu.be/FX85F1P7GVA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1294020020002
Land Assessment
$28,125 CAD
Improvements Assessment
$0 CAD
Total Assessment
$28,125 CAD
  • Listing ID: 27208424

  • Date on Market: 2024-08-26

  • Last Updated:

  • Address: 2102 FM 2920 Rd, Spring, TX 77388

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