

Listed by Team & Vasseur
$2,100,000
Highly Visible Site in Rapidly Developing Area
Details
Property Type Land
Sub Type Commercial
Acreage 17.880
Zoning HC - Highway Commercial
Land | 17.88 acres
Marketing description
17.88 acre (+/-) development site at the southwest corner of fm 1488 and us 290 in hempstead, texas - approximately 15 miles west of houston, texas and 15 miles east of brenham, texas.
Investment highlights
- Land area: 17.88 Acres (+/-) - 9.78 Acres (+/-) lie within the 100-year flood plain
- leaving 8.1 Acres (+/-) ready for development
- Frontages: 1,300' (+/-) of frontage on FM 1488
- Zoning: HC - Highway Commercial (allows for most retail and office uses)
- Located within close proximity to a future H-E-B grocery store site and less than 1½ mile from H-E-B 500 Acre distribution campus currently under construction
- City of Hempstead utilities available
- 3.5 miles (+/-) from Prairie View A&M
- Adjacent to Clear Creek Apartments
- Seller offering 2% Co-Broker fee
Listing Contacts


Listed by Team & Vasseur
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
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?







