Listed by Ruple Properties
$7,879,000
Development Opportunity Outside Houston
Details
Property Type Land
Sub Type Agricultural
Acreage 310.350
Investment Type Value Add
Ownership Fee Simple
Land | 310.35 acres
Marketing description
The location, size, and road frontage on both US 59 and Stockton Rd (County Rd 352) make this property an absolute must-see for its long-term value and investment potential. Totaling 310 +/- acres, this property has almost 2,000 LF or 1/3 of a mile of prime US 59 road frontage. The hour or less drive from Houston provides a look at the expansion of business and manufacturing coming from Houston down US 59 and the soon-to-be-called Interstate 69 corridor.
An expansion of the Interstate is steadily coming in this direction, which only draws more business and adds value to the property. The property is currently being used as farmland, but the value and real potential exist. There is an Agricultural Exemption in place. So give me a call to see this incredible property today!
Listing Contacts
Listed by Ruple Properties
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
