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Executive Summary

We just dropped the price on this deal. Take advantage of this rare chance to complete a project that is approximately 80% finished. The current owner was forced to halt construction due to funding limitations, creating a prime opportunity for an investor or builder to step in and finish the job.
Estimates suggest it will take around $200,000 to bring the property to completion. With land in this area trading at approximately $10 per square foot, this property is being offered at nearly land value—making it a highly attractive deal.
Located in the rapidly growing Porter area, the site offers excellent visibility and convenience to Hwy 59, making it ideal for a variety of potential uses.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,967 SF
Building Class
C
Year Built/Renovated
2016/2020
Price
$1,200,000
Price Per SF
$172.24
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.87 AC
Opportunity Zone
Yes
Frontage
232’ on Farm to Market Road 1314

Amenities

  • Freeway Visibility
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
8460-01-03200
Land Assessment
$500,764
Improvements Assessment
$685,915
Total Assessment
$1,186,679
  • Listing ID: 36416569

  • Date on Market: 6/25/2025

  • Last Updated:

  • Address: 23515 FM 1314 Rd, Porter, TX 77365

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