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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.
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 |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
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
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
| Parcel Number | 8460-01-03200 | Improvements Assessment | $685,915 |
| Land Assessment | $500,764 | Total Assessment | $1,186,679 |
Property Taxes
Parcel Number
8460-01-03200
Land Assessment
$500,764
Improvements Assessment
$685,915
Total Assessment
$1,186,679
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23515 FM 1314 Rd
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