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1735 Research Forest Dr
Shenandoah, TX 77380
Mercantil Commercebank · Retail Property For Sale
PROPERTY FACTS
ABOUT 1735 RESEARCH FOREST DR , SHENANDOAH, TX 77380
Mercantil Bank is a high-quality, new construction freestanding bank building located in The Woodlands, TX, part of the Houston MSA. The center is in The Woodland’s dominant retail corridor, situated at the signalized intersection of Research Forest Drive and Six Pines Drive. The Property has access to over 34,000 cars per day on Research Forest Drive. There are four points of ingress and egress to access the center; two on Research Forest Drive, one on Six Pines Drive and one on Grogans Mills Road. The existing tenant mix of this development promotes cross shopping, and the Property will benefit from the high growth rate in the immediate area. The population is projected to increase by 7% annually from 2010 to 2021 in a 1-mile radius and is surrounded by 58,000+ households in a 5-mile radius. The average household income is $164,000+ and the median home value exceeds $351,000 in a 1-mile radius.
PROPERTY TAXES
| Parcel Number | 9721-73-00100 | Improvements Assessment | $2,605,438 |
| Land Assessment | $2,894,562 | Total Assessment | $5,500,000 |
PROPERTY TAXES
