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23301 FM 1314 rd 14.34 Acres of Commercial Land Offered at $4,965,970 in Porter, TX 77365
INVESTMENT HIGHLIGHTS
- LOCATED ON ONLY 2.5 MILES TO 99/GRAND PKWY AND 1.5 MILES TO HWY 59/I-69
- NO FLOOD PLAIN
- DUAL ACCESS WITH 635’ OF FRONTAGE ON FM 1314 & 415’ OF FRONTAGE ON SMITH RD
- SITUATED ON BUSY FM 1314 WITH 40,000-VPD
- CAN BE SERVED UTILITIES BY NEARBY MUD/SUD
- SITE IS NEARBY THE VALLEY RANCH DEVELOPMENT, WHICH IS ONE OF HOUSTONS‘ FASTEST GROWING MASTER PLANNED COMMUNITIES
EXECUTIVE SUMMARY
14.3-acre tract located on FM 1314, only 2.5 miles to 99/Grand Pkwy, and only 1.5 mile to Hwy 59/I-69. FM 1314 is a busy retail thoroughfare and carries over 40k-VPD. The site is nearby Valley Ranch development, which is one of Houston's’ fastest growing master planned communities and retail corridors. This tract can be utilized for many uses including multi-family, BTR, mixed-use, medical, and retail. The site has no flood plain and can be served utilities by nearby MUD/SUD districts. The tract has 635ft of frontage along FM 1314 and has dual access on Smith Rd with 415ft of frontage. The adjoining 2.86 acres is also available providing over 845ft of total frontage.
PROPERTY FACTS
| Price | $4,965,970 | Proposed Use | |
| Sale Type | Investment or Owner User | Total Lot Size | 14.34 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | 5 | ||
| Price | $4,965,970 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 14.34 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | 5 |
1 LOT AVAILABLE
Lot
| Price | $4,965,970 | Lot Size | 14.34 AC |
| Price Per AC | $346,301.95 |
| Price | $4,965,970 |
| Price Per AC | $346,301.95 |
| Lot Size | 14.34 AC |
L-shaped tract with 635' of frontage on FM 1314 and 415' of frontage on Smith Road.
DESCRIPTION
The tract has 635ft of frontage along FM 1314 and has dual access on Smith Rd with 415ft of frontage.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,564,816 | Total Assessment | $1,564,816 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,564,816
Improvements Assessment
$0
Total Assessment
$1,564,816
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23301 FM 1314 rd
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