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0 Chasewind Drive 1.88 Acres of Commercial Land Offered at $575,000 in Missouri City, TX 77489


INVESTMENT HIGHLIGHTS
- Great location!
- Ready for your development!
- Full utilities available adjacent to site.
EXECUTIVE SUMMARY
Key Features:
• Size & Topography: 1.88 acres (approximately 81,892 sq ft) of cleared land with a gentle slope towards Fondren Road, ensuring excellent drainage.
• Utilities: All essential utilities are available, including public water, sewer, electricity, gas, and fiber optic cable installed in April 2023.
• Location: Situated within the City of Houston's ETJ in Fort Bend County, the property benefits from no zoning restrictions, offering flexibility for commercial, industrial, retail, office, or mixed-use developments.
• Accessibility: Conveniently located just south of Beltway 8, with easy access via Fondren Road. The site is directly behind a shopping center, enhancing its commercial appeal.
• Opportunity Zone: The property lies within a designated Opportunity Zone, providing potential tax incentives for investors and developers.
Development Potential:
The property's favorable topography and lack of zoning restrictions open the door to a multitude of development possibilities, including:
• Commercial or warehouse centers
• Perfect for “destination retail” users (electrician, plumbers, pool companies, etc.)
• Office condos
• Small Industrial or warehouse facilities
• Mixed-use developments
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $575,000 | Lot Size | 1.88 AC |
| Price Per AC | $305,851.06 |
| Price | $575,000 |
| Price Per AC | $305,851.06 |
| Lot Size | 1.88 AC |
Site is approximately 151x480. See Survey for configuration and exact dimensions. Full utilities surrounding the site. Land gently slopes towards Fondren. Significant warehouse growth in area. Verify in Opportunity Zone.
DESCRIPTION
Prweviously undevleoped acreage. Easy access to Beltway 8 South. Cleared lot with full utilities to site--electric, gas, water and sewer (verify!) ATT cable recently laid. City of Houston ETJ for Permitting. Fort Bend County. Land gently slopes to Fondren. New warehouse development directly across the street (fully ocucpied) and several new warehouses along Fondren and Beltway 8. Land is good location for multiple uses.
PROPERTY TAXES
| Parcel Number | 3850-02-000-0001-907 | Improvements Assessment | $0 |
| Land Assessment | $14,284 | Total Assessment | $14,284 |
PROPERTY TAXES
Presented by
Mallia/Texas Properties
0 Chasewind Drive
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