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24401 N I-45 Fwy 5 - 10 Acre Commercial Land Lots in Spring, TX 77380

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INVESTMENT HIGHLIGHTS

  • Located across from the ExxonMobil Campus
  • 2 tracts of land available. Can be sold together, or separately
  • Great development opportunity.

EXECUTIVE SUMMARY

Interest in Cathedral Lakes remains strong with its location in Montgomery County between Spring Woods Village and The Woodlands on I-45, less than five minutes from The Woodlands Mall. The development is in the exemplary Conroe Independent School District. A 300 unit multifamily project is now under contract . Grace Church is beginning construction on a state of the art children’s ministry center in phase two of its multi-phase campus development. A twenty five hundred seat performing arts and concert amphitheater in a lakefront setting and additional parking is also a part of the phase two development. Northside Lexus is nearing completion on their state of the art upscale dealership. The Indigo Hotel project has received all necessary permitting and will begin construction shortly. Two more public roads are in the final stage of completion. Cathedral Shores Drive and Basilica Bay Drive will serve the north and south interior of the property as well as the central lake amenity. Dirt work will be completed on the entire site in the next six months. The 150 acre project with 100 acres of developable land for construction is now 40% either sold or under contract. Sites remain for additional lake front residential as well as lakefront office, restaurant, and retail.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Bulk/Portfolio Sale
  • Redevelopment Project
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Hotel
  • Restaurant
Total Lot Size 25.00 AC
Zoning 6

3 LOTS AVAILABLE

Lot

Lot Size 5.00 AC

The 150 acre project with 100 acres of developable land for construction is now 40% either sold or under contract. Sites remain for additional lake front residential as well as lakefront office, restaurant, and retail.

Lot

Lot Size 10.00 AC

The 150 acre project with 100 acres of developable land for construction is now 40% either sold or under contract. Sites remain for additional lake front residential as well as lakefront office, restaurant, and retail.

Lot

Lot Size 10.00 AC

The 150 acre project with 100 acres of developable land for construction is now 40% either sold or under contract. Sites remain for additional lake front residential as well as lakefront office, restaurant, and retail.

DESCRIPTION

Cathedral Lakes is a 150 acre mixed-use residential, retail, restaurant, office development located on I-45 between The Woodlands Town Center and the new Exxon Headquarters Campus.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3365-00-00102
Land Assessment
$10,799,887
Improvements Assessment
$2,552,600
Total Assessment
$13,352,487
  • Listing ID: 3867237

  • Date on Market: 1/23/2013

  • Last Updated:

  • Address: 24401 N I-45 Fwy, Spring, TX 77380

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